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AstraZeneca says no big shift on India patent case

AstraZeneca Plc is not planning any major changes to its investments in India after a recent court ruling backed a law viewed as weakening patent protections, Chief Executive David Brennan said on Tuesday.

Asia-Pacific coal rush worsens global warming: WWF

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Growing dependence on cheap coal to power rapid economic growth in the Asia-Pacific could undermine efforts to reduce greenhouse gas emissions that is blamed for harmful changes in the world's climate, experts said on Tuesday.
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Climate change lifts APEC temperature

Usually derided as teetering on the tip of irrelevance, this year's Asia-Pacific leaders' summit in Sydney hopes to rise above its reputation for glacial action and have a real impact on the course of climate change. Leaders gathered for the meeting hope to build on June's G8 summit, in which nations agreed to consider a 50 percent cut in emissions by 2050 and build momentum ahead of a U.N. climate change meeting later this month.
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China, EU reassure on subprime fallout

China said on Monday none of its massive foreign exchange stockpile was invested in the teetering U.S. subprime mortgage sector, while a top EU official predicted the crisis would not choke off economic recovery.
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Scottish & Newcastle eyes rapid growth in Asia

Brewer Scottish & Newcastle Plc expects quick growth in India, China and Vietnam, with its ventures in these markets contributing a larger share of its overall revenue, a senior company official said.
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Toyota maps out road to 10.4 mln unit sales in '09

Toyota Motor Corp said on Friday it expects its group's worldwide sales to expand to 10.4 million vehicles in 2009, up 18 percent from last year, as it grabs a bigger share in mature markets and taps growing demand in China and other emerging countries.
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IKEA Asia revenue contribution to triple

Sweden's IKEA said on Friday the contribution from Asia-Pacific to the group's total sales could triple to 10 percent in 5 to 6 years, creating a huge challenge for the world's largest furniture retailer.
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L'Oreal CEO confident on 2007 despite U.S. slowdown

L'Oreal said on Friday it was confident on the outlook for 2007, despite signs of a slowdown in the United States, thanks to booming demand in new markets and the launch of new brands like Sanoflore and Diesel.
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China deals on the rise, but bankers hard to find

Chinese demand has already fuelled booms in markets from copper to shipping, but the rise of the world's fastest growing economy is also driving up prices for another hot commodity: bilingual bankers.
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China's Google, Baidu, eyes Japan expansion

Baidu, known as China's Google, still intends to seek a domestic listing but is focusing for now on ramping up a fledgling Japanese service with plans to hire dozens of people in the second half.
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Nikkei up on Bush subprime action hopes

The Nikkei rose 2.6 percent on Friday as news that President George W. Bush will outline reforms to help homeowners with subprime mortgages sparked broad-based buying, and Dell Inc's earnings lifted high-tech stocks.
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China uncovers worms, substandard goods from U.S.

China has found microscopic worms in wooden packaging from the United States and uncovered substandard U.S. vitamin pills and fish oil for children, Chinese media said on Friday in the latest volley of cross-border accusations.
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Toys R Us recalls China-made wooden art sets

Toys R Us Inc is recalling 27,000 wooden coloring cases that were made in China and sold under its Imaginarium brand because lead was found in the printed ink on the art set's outer packaging and in some watercolor paints.
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China says toy recall scare shows protectionist agenda

Mattel has only itself to blame for a huge toy recall that has stoked global alarm about Chinese-made goods, state media said on Thursday, charging that a slew of foreign safety scares had exposed a protectionist agenda.
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China defends food safety standards to WHO

China has sent a notice to the World Health Organisation defending its food safety standards and sentenced another food and drug watchdog official for bribery, its latest moves to assure the world its exports are up to par.
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Seagate says had no buy offer from Chinese firm

Seagate Technology, the world's largest maker of disk drives, has dashed speculation that a Chinese firm wanted to buy the firm, saying it had received no such offer and had no intention of selling.
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Acer to buy Gateway, becoming 3rd largest PC maker

Taiwan's Acer announced on Monday that it has agreed to acquire U.S.-based Gateway for $710 million, zooming past China's Lenovo to become the world's third largest computer maker behind U.S. makers Hewlett-Packard and Dell.
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Adelson bets on Macau for world's biggest casino

The world's biggest casino opens in Macau on Tuesday, the most ambitious throw of the dice yet in a $24 billion effort to build a Las Vegas-style neon alley in this once-sleazy Chinese gambling enclave.
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Merkel presses China on climate change

German Chancellor Angela Merkel urged China on Monday to do more to halt climate change, prompting the response that the developed West has been polluting the skies for much longer than the newly developing Chinese.
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Bayer's Nexavar extends life in Asia trial

Bayer and Onyx Pharmaceuticals said they were stopping a late clinical liver cancer trial with Nexavar in the Asia-Pacific region so patients can get the drug sooner after encouraging results.

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