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Lamborghini

Lamborghini to follow Porsche with SUV

Lamborghini, the maker of low-slung supercars once advertised as closer to the road, is planning a new model that will be further from the tarmac than ever: An SUV.
Russian Foreign Minister Lavrov gestures during a news conference in Moscow

Russia Scolded by France after Syria Veto

After Russia used its veto power to block a United Nations resolution that would officially urge Syrian President Bashar al-Assad to step down from power, the United States and Western Euriopean nations have blasted Moscow.
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Lamborghini

Lamborghini Going Porsche's Way?

Lamborghini, the maker of low-slung supercars once advertised as closer to the road, is planning a new model that will be further from the tarmac than ever -SUV. Lamborghini hopes to repeat the Porsche Cayenne's success.
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Internet giants remove content after India court warning

Internet giants Google Inc and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown like China if they did not take steps to protect religious sensibilities.
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China growth could halve if Europe crisis worsens: IMF

China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil significant fiscal stimulus, the International Monetary Fund said.
Protests in the Syrian City of Homs

Syrian Opposition Says 50 Killed in Homs Assault

Syrian forces bombarded Homs on Monday, killing 50 people in a sustained assault on several districts of the city which has become a centre of armed opposition to President Bashar al-Assad, the Syrian National Council opposition group said.
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Mitsubishi Motors to stop making cars in western Europe

Japan's Mitsubishi Motors Corp <7211.T> said it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak.
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Asian stocks rise, U.S. jobs gain outweighs Greece

Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investors' risk appetite, but the euro sagged on worries over a lack of progress in Greek debt restructuring talks which are vital to containing the euro zone crisis.
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Asian stocks rise as U.S. jobs gain outweighs fears

Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone crisis.
Workers maintain the huge Euro logo next to headquarters of ECB in Frankfurt

Europe's Shadow Darkens Outlook

A renewed focus on Europe's banking and debt crisis may quickly sap the nascent optimism about global economic prospects that followed a remarkably solid U.S. January employment report.
Chinese Premier Wen Jiabao reacts during a news conference in Doha

China Has Stake in Helping Eurozone in Crisis: Wen Jiabao

China has a stake in helping the Eurozone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance not only as an export market but also as a source of technology.
UN Meet on Syria

Russia, China Veto UN Resolution Asking Assad to Quit

The high-level diplomatic setback came after world leaders and Syrian opposition activists accused Assad's forces of a massacre in a sustained shelling of Homs, the bloodiest episode in 11 months of upheaval in the pivotal Arab country.
The U.N Security Council votes on a European-Arab draft resolution endorsing an Arab League plan calling for Bashar al-Assad to give up power in New York

China and Russia Veto U.N. Resolution Against Syria’s Assad

China and Russia have vetoed a resolution by the U.N. Security Council calling for the resignation of Syrian President Bashar al-Assad amid worsening violence in that country. The resolution backed a similar resolution proposed earlier by the Arab League.

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