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McDonald's January global sales up, U.S. lags

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McDonald's Corp beat expectations with a 2.6 percent increase in January sales at established restaurants, as overseas results overcame a sluggish performance in the United States.

McDonald's January same-store sales rise

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McDonald's Corp posted an expectations-topping 2.6 percent increase in January sales at established restaurants, as overseas results overshadowed a sluggish performance in the United States.
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China officers urge economic punch against U.S.

Senior Chinese military officers have proposed that their country boost defence spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.
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G7 outlook upgraded, but lags emerging stars

The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
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Iran says starts making 20 percent nuclear fuel

Iran began making higher-grade nuclear fuel on Tuesday, state television reported, and the Pentagon said the United States wanted a U.N. Security Council resolution on Iran within weeks over its nuclear program.
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G7 outlook upgraded but lagging emerging stars

The world's richest economies are set to grow faster this year than forecast a month ago, although the latest Reuters economic outlook showed the upturn will be feeble in comparison to resurgent emerging market peers.
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FACTBOX: What U.S. law on currency manipulation says

President Barack Obama's vow to get tougher on countries such as China that undervalue their currencies has heightened attention on whether the Treasury Department will formally label China as a currency manipulator in a semi-annual report due in April.
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Commodity prices to shoot up: Jim Rogers

Globally renowned commodities expert and investor Jim Rogers says world's focus in the coming years is going to be on agricultural commodities and food prices. According to him, the prices of agricultural commodities and food are going to continuously rise in the coming years. Commodity prices are going to shoot up. The challenge is that people are eating more foods these days. But the supply of food products is coming down, he said.
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Coca-Cola profit up, volume improves

Coca-Cola Co reported a quarterly profit in line with analysts' estimates as strong volume in China, India and Brazil offset a decline in North America.
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Oil rises above $72 on weaker dollar, buying

Oil rose above $72 a barrel on Tuesday due to a weaker U.S. dollar and robust buying interest as investors looked for bargains following last week's price slide to near two-month lows.
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Swatch sees sales pick-up, aims for record year

Swatch Group, the world's largest watchmaker by sales, said it is aiming for its best year ever in 2010 after seeing a strong pick-up in sales in January and February, easing worries that a flagging economic recovery might hit demand.
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Nissan returns to Q3 profit, lifts forecast

Nissan Motor Co , Japan's third-largest automaker, returned to quarterly profit on Tuesday and lifted its outlook for the second time, as brisk global sales signal the worst may be over for the auto industry.
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China plans online gambling crackdown

China plans to crack down on the online gambling industry, including the banks and websites that support it, the Ministry of Public Security said in a statement posted on its website.
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Disney, Google eye stake in China bus media firm

A consortium led by Walt Disney Co is in advanced talks to buy into China's largest in-bus digital media and advertising company, a deal that could offer the U.S. entertainment giant a new platform to promote Mickey Mouse in China, three sources told Reuters.
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US engineer gets 15y for spying for China

A Chinese-born engineer was sentenced Monday to more than 15 years in prison for hoarding sensitive information about the US space shuttle with the intent on giving it to China.
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Pressure grows for Iran sanctions over atomic plans

International pressure for new sanctions against Iran grew on Monday after Tehran announced more moves to expand nuclear fuel production and enrichment plants, heightening Western fears it wants to make atom bombs.
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BHP names new iron ore head as Rio venture nears

Australia's BHP Billiton named Chris Campbell as president of the firm's iron ore business on Monday, the second major management reshuffle among top miners in the country focused on soaring demand from China.
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Smart power key as EU sparks electric car debate

Electric cars must be backed by smart power networks if they are to help the world's climate problems, environmentalists warned on Monday as European ministers prepared to debate a strategy for the sector.
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NetEase suspends new user registration for hit game

China's third-largest online game operator NetEase.com said it has suspended new user registration for World of Warcraft in China and will reapply for a license to operate the expansion pack of Activision Blizzard's hit game.
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Envoys go to North Korea to push for nuclear talks

A senior Chinese envoy was in North Korea to prod the reclusive state back to stalled nuclear talks while the South sent a team across the border on Monday for talks to restart tourism projects halted due to political wrangling.

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