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Kris Gopalakrishnan, CEO of Infosys Technologies, speaks during a news conference on the sidelines of the G20 CEO Summit in Seoul November 9, 2010.

Infosys Seeks Acquisitions Worth up to $700M

Infosys Ltd, India's No.2 software services exporter, is looking for acquisitions worth up to $700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday.
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Ford's lackluster outlook disappoints

Ford Motor Co posted a lower third-quarter profit after taking a hit from plunging metals prices and sustaining losses in its European and Asian operations.
Incoming ECB President Draghi speaks at the "World Savings Day" meeting in Rome

Eurozone gets ECB boost, summit deal uncertain

The incoming head of the European Central Bank threw the euro zone a lifeline hours before a crucial summit on Wednesday which looked set to fall short of a definitive plan to tackle the bloc's debt crisis.
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Nokia unveils first Windows phones

Nokia unveiled its long-awaited first Microsoft Windows phones on Wednesday, betting on the two sleek new models to get it back into the race with Apple and Google.

Incoming ECB Head Gives Eurozone Pre-Summit Boost

The incoming head of the European Central Bank threw the Eurozone a lifeline hours before a crucial summit on Wednesday by signaling the bank would go on buying troubled states' bonds to combat market turmoil.
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BAA earnings boosted by Heathrow growth

BAA reported a 17 percent rise in earnings in the first nine months of the year, helped by strong traffic growth, especially at London's Heathrow airport.
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China pressures EU on debt, defends yuan

China hopes the European Union takes effective measures to restore market confidence in tackling its debt crisis, the Foreign Ministry said on Wednesday, while also again defending the yuan's exchange rate.
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China says to launch unmanned space-docking craft

China said on Wednesday it will launch within weeks its first spacecraft capable of docking with a module it put into orbit last month, in what will mark a crucial test of its growing space programme.
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China vows stricter controls on social media

China will intensify controls of online social media and instant messaging tools, the ruling Communist Party said in an agenda-setting document that marks the government's highest-level reaction so far to the explosive growth of microblogs.

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