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A man watches a stock index board outside a brokerage in Tokyo

Stocks Rise, Euro Steady After G20 Urges Action

European stock index futures rose 1 percent and the euro held near a 1-month high Monday after France and Germany said over the weekend they were making good progress on a plan to resolve the euro zone's debt crisis and recapitalize its banks.
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The Governor of the Bank of England Mervyn King talks to US Treasury Secretary Geithner and Britain's Chancellor of the Exchequer George Osborne in Paris

G20 tells euro zone to fix debt crisis within weeks

The world's leading economies kept pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.
U.S. Treasury Secretary Geithner looks on during the G20 Finance Ministers and Central Bank Governors Meeting in Busan

G-20 Maintains Pressure on Eurozone Over Debt Crisis

The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G-20 finance chiefs' meeting.
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China inflation ticks lower, policy on pause

China's consumer inflation dipped to 6.1 percent in September, retreating further from three-year highs, although stubborn food price pressures will deter the central bank from loosening its policy reins anytime soon.
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Higher costs, stronger dollar dent Mattel's margins

Mattel Inc , the world's largest toy company, reported a bigger-than-expected fall in gross margins, hurt by a stronger dollar and higher costs, taking the gloss off a record jump in sales of its iconic Barbie dolls heading into the critical holiday season.
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S.Africa stocks up, Telkom boosted by deal talk

South African stocks rose more than 1 percent on Friday, capping their best weekly performance in six weeks, as shares of Kumba Iron Ore and other resource firms gained after data from China boosted hopes of greater demand from the country.
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Durban target is to get Kyoto deal within 5 years

A successful outcome for the next global climate change conference in Durban would be to get everything in place for a legally binding successor to the Kyoto Protocol in less than five years, the European Union's chief climate negotiator said.
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Ericsson growth seen slowing, outlook cloudy

The third quarter could mark the end of a hot streak for Ericsson as a combination of a global slowdown, tough competition and an increase in low margin business cloud the outlook for the world's top mobile equipment firm.
Occupy Wall Street

The Occupation Heard ‘Round the World'

The Occupy Wall Street movement is spreading around the world. There are now protests in Spain, England, Hong Kong. Italy is next in line. Can the international movement be sustained?
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Higher costs dent Mattel's margins, shares down

Mattel Inc , the world's largest toy company, reported a bigger-than-expected fall in gross margins, as it spent more on making, packaging and transporting its toys, sending its shares down 4 percent.

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