CHINA

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FOREX-Dollar hits 1-year low vs euro before Fed, G20

The euro hit a one-year high against a sliding dollar on Tuesday as dealers resumed selling the U.S. currency following its rise the previous day, while markets awaited a Federal Reserve policy decision and Group of 20 summit later in the week.

Ford to announce 3rd China car plant: source

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Ford Motor Co and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, where sales may soon outpace its existing capacity, an industry source said on Tuesday.

Stock futures signal gains; eyes on Fed

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Stock futures pointed to a higher opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.7 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up 0.7 percent at 4:56 a.m. EDT.
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Asian shares subdued, Kiwi hits 13-month high

Asian shares inched up on Tuesday with softer commodity prices weighing on Australian stocks, while the New Zealand dollar hit a 13-month high on signs of a recovery in prices for the country's key dairy exports.
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Oil rises to $70, traders seek demand recovery signs

Oil rose to $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.
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Cadbury CEO admits some synergies with Kraft-WSJ

The head of chocolate maker Cadbury PLC, which is facing a possible takeover by U.S. food giant Kraft Foods Inc, said there were some complementary elements in the two companies' portfolios, according to a Wall Street Journal report.
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10 Weird Food Delicacies From Around the World

Travelling is often about trying the unusual and attempting to experience the different culture of the country you are visiting. One of the best ways to do this is to try the foods the native people eat.
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CO2 emissions tumble; leaders to meet on climate

Recession is set to cause the sharpest fall in world greenhouse gas emissions in 40 years, according to an estimate on Monday as world leaders gathered in New York to try to break deadlock on a new climate treaty.
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Oil falls towards $69 on signs demand still weak

Oil prices fell by almost 3.5 percent toward $69 a barrel on Monday as further signs of weak fuel demand raised expectations that prices may have raced ahead of the nascent economic recovery.
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Carbon intensity in focus as China's Hu heads to U.N.

China's President Hu Jintao may lay down a carbon intensity target for his country at a top level United Nations summit on Tuesday, experts said, as he seeks to show Beijing's commitment to fighting climate change.
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China's MCC gains, but IPO pipeline weighs

Metallurgical Corp of China, the firm that helped build Beijing's Bird's Nest Olympic stadium, made a modest debut in Shanghai on Monday, in a sign that a flood of new equity is weighing on market sentiment.
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Goldman in talks to buy Geely bonds: sources

An investment arm of Goldman Sachs is in talks with Chinese car maker Geely Automotive, which has been linked with both Volvo and Opel, to buy about $250 million of the company's convertible bonds and warrants, two sources said.
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Oil falls below $70 on signs demand still weak

Oil fell by more than 3 percent to below $70 a barrel on Monday as further signs of weak fuel demand raised expectations prices may have raced ahead of the nascent economic recovery.
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European companies ahead of U.S. on carbon disclosure

European companies outnumbered North American companies on a list of how well global corporations were disclosing their emissions of greenhouse gasses and plans to guard themselves against financial risks associated with climate change, a survey showed on Monday.
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VW's Audi to reach China sales target early

Volkswagen's (VOWG.DE) premium unit Audi (NSUG.DE) expects to reach its unit sales target for China two years earlier than previously planned, Audi's head of sales told industry publication Automobilwoche.
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Oil falls to $70 on signs demand still weak

Oil fell by more than 2 percent to $70 a barrel on Monday as further signs of weak fuel demand raised expectations prices may have raced ahead of the nascent economic recovery.
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United Korea economy could pass Japan: Goldman Sachs

A united Korea -- combining Asia's fourth biggest economy with one of its poorest -- could surpass that of Germany or Japan in economic might in the next 30-40 years, U.S. investment bank Goldman Sachs said on Monday.

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