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Asian shares extend rally on signs worst is over

Improving global manufacturing data lifted Asian shares on Tuesday, bringing a regional index near to levels before the collapse of Lehman Brothers in September, but the pace of gains slowed as investors weighed how much longer a heady, three-month rally will last.

UK finance minister caught up in expenses scandal

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British finance minister Alistair Darling apologized on Monday and agreed to repay 350 pounds ($574) after he became the latest minister to be dragged into a scandal over expenses claimed by members of parliament.

U.S. manufacturing shrinks at slower pace in May

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The U.S. manufacturing sector showed improvement in May, contracting at a slower rate for the fifth straight month, while consumer spending slipped only slightly in April, according to reports Monday that offered more proof the deep recession is losing its bite.
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Tired talent star Susan Boyle admitted to clinic

British singing sensation Susan Boyle was admitted to a London clinic suffering from emotional exhaustion after being beaten in the final of the Britain's Got Talent TV contest, judges on the show said on Monday.
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Diversity gobsmacked by UK TV talent show win

Street dance troupe Diversity said on Sunday it was still in shock after beating runaway favorite and Internet sensation Susan Boyle in the final of the popular Britain's Got Talent television contest.
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Germany seals deal to save Opel

Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.
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Germany seals deal to save Opel, Obama helps

Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.
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Susan Boyle to sing in Britain's Got Talent final

Global Internet sensation Susan Boyle competes in the final of Britain's Got Talent on Saturday amid signs she is struggling to cope with her sudden rise to stardom and constant media intrusion.
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Internet sensation Boyle bids to win TV show final

Internet singing sensation Susan Boyle bids to justify her favorite tag on Saturday when she competes in the final of Britain's Got Talent, a show which turned her from dowdy, unemployed church volunteer into A-list celebrity.
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Prince Harry gets warm New York greeting

Britain's Prince Harry made his first official visit to New York on Friday to pay somber respects to September 11 victims and wounded veterans and was met by crowds who greeted him as a fun-loving heartthrob more than as a royal diplomat.
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Data boosts recovery hopes, stocks end May on a high

Japanese factories raised output by the most in nearly 60 years last month and India grew faster than expected in the March quarter, Friday data showed, further evidence the global economy may have turned a corner.
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EU to study how Google Books impact authors

The European Union's executive body will study plans by Google to make millions of books available online after Germany said the Internet company's project flouts EU copyright law.
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EU ministers to discuss state support over Opel

The European Commission announced Thursday that it will host a meeting of industry and economy ministers on Friday to discuss state support measures for the U.S. General Motors (GM)'s European subsidiary Opel.
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Susan Boyle gets angry and threatens to quit

A Susan Boyle spokesperson said Thursday that the Scottish singing sensation and Britain's Got Talent finalist lost her cool after being harassed by journalists at a London hotel.
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War of words over Opel as GM bankruptcy looms

A rift between Berlin and Washington threatened to torpedo Germany's goal of shielding Opel from the imminent bankruptcy of its parent General Motors , raising the risk of insolvency for the German carmaker.
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Obama says worst over, but debt fears roil markets

Concerns about the debt burden facing countries trying to spend their way out of the economic downturn spooked investors on Thursday despite optimism from President Barack Obama that the U.S. economy was past the worst.
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Shell to restructure under new CEO

Europe’s largest oil Company, Royal Dutch Shell Plc on Wednesday unveiled new management to restructure the company’s oil major operations to increase its accountability in the current economic environment, effective July 1.
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Intel says EU fine won't lead to dividend cut

Intel Corp, the world's largest chipmaker, said the record 1.06 billion euro ($1.5 billion) fine imposed by EU regulators for antitrust violations would not cause it to cut investment or slash its dividend.
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EU unveils reforms to make financial markets safer

Banks will be more closely scrutinized under European Union plans unveiled on Wednesday to apply lessons from the credit crunch and better protect investors hit by the worst financial crisis in decades.

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