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iPhone coming to South Korea after ban is dropped

South Korea's telecommunications regulator said Wednesday that Apple Inc. can sell its hit iPhone in the country, after the Korea Communications Commission lifted a ban on the popular device which may potentially shake up a cell phone market controlled by domestic manufacturers.

Gaddafi blasts big powers in first U.N. speech

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Muammar Gaddafi, in his first address to the United Nations in 40 years as Libya's autocratic ruler, on Wednesday accused major powers on the Security Council of betraying the principles of the U.N. charter.

Goldman investment boosts China Geely's global hopes

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Goldman Sachs' (GS.N) $334 million investment in Geely Automobile Holdings (0175.HK) will boost the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's (F.N) Volvo brand.
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India urges G20 to shun protectionism, U.S. pushes plan

India's prime minister called on Group of 20 nations on Wednesday to send a strong warning against protectionism this week as world leaders seek to shore up a tentative global recovery and prevent future economic crises.
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Asia stocks at 13-month high

The dollar slid to a one-year low against a basket of currencies as market players seized on surprisingly strong New Zealand economic growth data as a reason to push the kiwi dollar higher and dump the U.S. currency.
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G20 Support builds for rebalancing world economy

Leaders from some of the largest Western powers rallied support Tuesday behind a U.S. plan to build a more balanced global economy and warned against returning to business as usual once recovery takes hold.
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Silicon Valley reinvents the lowly brick

Forget microchips.Silicon Valley sees a profitable future in the humble brick thanks to a low-energy production process that illustrates the greening of the U.S. technology capital.
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China buys Noble stake, seeks commodities expertise

China Investment Corp, a $200 billion sovereign wealth fund, has bought a 14.5 percent stake in trading firm Noble Group for $850 million, giving China greater exposure to global commodities and trading expertise.
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Exhibit gives a back room glimpse of World War Two

Documents and personal letters from world leaders provide a glimpse of the back drop to key historical events and a new exhibit highlights several from the defining event of the 20th century -- World War Two.
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Oil above $71 on dollar, Saudi sees recovery

Oil rose above $71 a barrel on Tuesday, supported by a weaker dollar and after the oil minister of top exporter Saudi Arabia said he was seeing real evidence of world economic recovery in the form of demand for Saudi crude.
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China appeals WTO ruling on entertainment imports

China appealed at the last minute on Tuesday against a World Trade Organization ruling upholding parts of a U.S. complaint about Chinese restrictions on imports of films, books and other audio-visual material.
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Magna CEO says aims to appease VW on Opel deal

Canadian auto supplier Magna International (MGa.TO) said it plans to hold talks to appease Volkswagen (VOWG.DE), which has threatened to pull business from Magna if it goes through with an investment in Opel.
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GE CEO to test new management model in India

General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.

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