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China wants positive statement from U.S. on dollar

China would welcome assurance about the security of its financial assets in the United States, a senior diplomat said on Wednesday ahead of President Hu Jintao's visit next week, while playing down rifts between the two powers.
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Volvo seeks 2nd home market in China

Volvo Car expects China to become its biggest market as early as next year and its second home market after Sweden as the Chinese-owned automaker looks for sales to grow more than six times by 2015, a top company executive said.
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AIG agrees $2.16 billion sale of Taiwan unit

American International Group Inc accepted a $2.16 billion offer for its Taiwan Nan Shan Life unit from a group led by local conglomerate Ruentex Group, marking the beginning of the end of a over year-long process fraught with delays and political wrangling.
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Euro rises feebly ahead of Portugal bond sale

The euro rose weakly against the dollar on Wednesday while Asian stocks edged higher, but investors were increasingly nervous ahead of a key bond sale by ailing euro zone member Portugal later in the day.
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AIG set to announce sale of Taiwan unit: reports

American International Group Inc could announce as early as Wednesday the sale of its Taiwan Nan Shan Life unit to conglomerate Ruentex Group for up to $2.5 billion, according to Taiwan newspapers.

Verizon iPhone A Win For Apple

The iPhone on Verizon's network will be a big win for Apple, as pent-up demand driven by users who were waiting for an alternative to AT&T drives sales of the iPhone 4.
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HP upgraded to 'buy' at UBS

UBS Securities upgraded PC giant Hewlett-Packard to buy from neutral, citing improving growth prospects for the majority of HP's segments through 2011.
Is it fair for Brazil to brand the U.S. along with China as a currency manipulator?

Brazil’s ‘currency war’ rhetoric is phoney

Brazil's Finance Minister Guido Mantega has accused the United States of engaging in currency manipulation, and said his country would raise this issue at the World Trade Organization (WTO), adding that the U.S. and Chinese policies are fomenting a trade war.
David Cameron

UK's Cameron urges ambassadors to 'sell Britain'

Britain now intends to focus on growth as Prime Minister David Cameron urged the importance of trade to the country's business ambassadors. Cameron urged the ambassadors to 'sell Britain' to the rest of the world, and emphasized on the importance of growth.

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