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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.

Asian stocks rise, U.S. jobs gain outweighs Greece

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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.

Asian stocks rise as U.S. jobs gain outweighs fears

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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.
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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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Disagreements on Cyber Risk East-West 'Cold War'

With worries growing over computer hacking, data theft and the risk of digital attacks destroying essential systems, western states and their allies are co-operating closer than ever on cyber security.
Demonstrators gather during a protest against Syria&#039;s President Bashar al-Assad and Russia in Kafranbel near Idlib January 20, 2012.

Russia Warns of 'Scandal' in Vote at U.N. on Syria

Russia sought to delay a U.N. Security Council vote on a resolution aimed at ending the bloodshed in Syria, warning on Saturday of a so-called scandal should the current draft be put to council members, the Itar-Tass news agency reported.
A customer arrives at a Kentucky Fried Chicken restaurant in Shamokin Dam, Pennsylvania, July 13, 2011.

Yum Brands Sees 130 New Africa Stores This Year: Report

U.S. fast-food giant Yum Brands Inc. plans to open 130 new KFC stores in Africa this year, bringing its presence on the continent to 1,000 restaurants, the Business Day newspaper in South Africa said on Friday, citing a senior executive.
Jaguar aircraft

India's Military Buildup May Be Too Little Too Late

ndia's 1.3 million-strong armed forces, hobbled by outdated equipment and slow decision-making, are undergoing an overhaul as defence priorities shift to China from traditional rival Pakistan. It took 11 years to select France's Rafale.
A worker performs a quality test on automobile parts at a factory in Ludhiana, in the northern Indian state of Punjab on Jan. 18, 2012.

Global Manufacturing Buzzing So Far in 2012

Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
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Japan's Hitachi to reorganize business structure

Hitachi Ltd said on Friday it would reorganize its operational structure in April by setting up five new groups as the Japanese conglomerate continues to overhaul its sprawling operations to boost profitability.
An IndiGo aircraft stands on tarmac at the airport in New Delhi January 12, 2011.

Global Airlines May be Wary of Investing in India's Carriers

New Delhi's expected move to allow global airlines to own as much as 49 percent in Indian carriers has been welcomed by investors as a potential lifeline for an industry mired in $20 billion of debt and on course to rack up $3 billion in annual losses. But aviation-industry experts say any celebration is premature.
Ron Paul

Ron Paul 2012: Why Does he Have Insane Internet Support?

The libertarian Congressman from Texas hasn't had a real-world victory in any of the four Republican presidential primaries held so far. His best performance was in Iowa caucuses where he was placed closely behind the GOP frontrunner Mitt Romney, drawing 21.5 percent of the total votes cast. However, Paul, unmistakeably, happens to win - with an overwhelmingly high margin - almost every online election poll, regardless of whether it is hosted by mainstream media or by a niche politica...
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China Cabinet Economist Warns of 'Deflation' in 2012

China's headline consumer price index is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.
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China cabinet economist warns of deflation in 2012

China's headline consumer price index is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.
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Shares, euro flat ahead of U.S. jobs report

A dip in figures on China's non-manufacturing sector helped dampen financial markets optimism on Friday ahead of U.S. jobs data that will offer more clues on the strength of the world's top economy.
Asian Stock Market

Asian Shares, Euro Fall Ahead of U.S. Jobs Data

Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
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Electric Vehicle Market Competition on a Rapid Rise: Study

More than 45 auto manufacturers are expected to be competing globally in the electric vehicle market with approximately 75 models by 2015, according to a study from IHS Automotive Supplier Business. Depending on the strength of the global recovery of automotive markets and the speed with which the electric vehicle (EV) models are marketed and the supporting infrastructure, cumulative sales are expected to total 700,000 to 1 million.
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Hitachi to reorganize business structure

Hitachi Ltd said on Friday that it would reorganize its operational structure in April by setting up five new groups, as it looks to accelerate growth in its social infrastructure business and continue overhauling its sprawling operations to boost profitability.

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