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Toshiba to buy meter maker Landis+Gyr for $2.3 billion

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Japanese electronics manufacturer Toshiba Corp said on Thursday it will buy unlisted Swiss-based meter maker Landis+Gyr in a deal valued at $2.3 billion, including debt, in a bid to move into the promising overseas smart grid market.

China vouches for developing countries to lead IMF

After the resignation of besieged chief Dominique Strauss-Kahn, China on Thursday has insisted for emerging nations to be selected in the top leadership of the International Monetary Fund, Economic Times reported on Thursday.
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GM ups Volt, Ampera production outlook

General Motors Co said on Wednesday that it will make 60,000 Chevrolet Volt and Opel Ampera in 2012, up from its previously announced 45,000 production outlook.

Apple iPhones sales slowing

While reports are floating around what Apple is likely to pack into its next iPhone, analysts are observing slowdown in sales of the current iPhone 4.
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WTO gives mixed verdict on Airbus appeal

Trade judges on Wednesday partially overturned a ruling that had accused EU states of giving Airbus illegal subsidies, but said the aircraft maker did receive billions of dollars of unfair aid that harmed Boeing.
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Canon sees sales boost from supply chain

Japanese camera and copier maker Canon Inc <7751.T> expects its quake-hit supply chain to recover more quickly than originally estimated, giving a roughly 50 billion yen ($600 million) boost to its annual sales, the company's chief executive said.

Who will replace IMF chief Dominique Strauss-Kahn?

The race to replace Dominique Strauss-Kahn as the head of International Monetary Fund (IMF) heated up, Tuesday, even as pressure mounted on the international agency to force him to resign so that its authority is not undermined.
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Symantec looking to buy

Symantec Corp's chief executive is looking to do acquisitions and next week may let investors know just how hungry the security and storage software company will be this year.
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LinkedIn boosts IPO price range 30 percent

LinkedIn Corp, a website where professionals connect with one another, said its initial public offering will likely raise 30 percent more than previously expected, a sign that investors are eager to bet on social networking companies.
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LinkedIn IPO price range boosted by 30 percent

Social networking company LinkedIn Corp raised the expected price range of its initial public offering by 30 percent on Tuesday, a sign that investors remain eager to bet on social networking companies.
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LinkedIn sees IPO pricing up by 30 percent

LinkedIn Corp sees its initial public offering being priced about 30 percent higher than previously expected, as investors clamor to get a bite of the social networking pie.

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