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Wall St slips as tech, bond auction weigh

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Stocks retreated on Wednesday as technology shares fell after news IBM is planning layoffs and a disappointing Treasury note auction raised concerns of flagging foreign interest in U.S. government debt, which could bode poorly for the economy.

UN urges G20 for $1 trillion stimulus

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The United Nations is urging 20 of the world's most powerful economies to support a $1 trillion stimulus plan for developing countries when the 20 meet in London next month, U.N. officials said on Wednesday.
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MySpace to offer Web contact domains to users

Social network MySpace and British telecoms provider BT will be among the first companies to offer a new type of Web domain for their users to manage their contact details live online.
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Skype used in 8 percent of international calls in '08

Eight percent of international call traffic in 2008 used Internet calling company Skype, an increase of 41 percent on a year earlier, according to data from communications research firm TeleGeography released on Tuesday.
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World's Strangest Laws

Driving shirtless, drinking juice in public, or just forgetting to flush the loo: Here are 10 odd laws that can get you in trouble around the world. When studying...
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Tata Nano to hit Indian roads in July

The Nano, the world's cheapest car, will hit Indian roads in July, with expectations that demand from millions of aspiring car owners will far outstrip supply.
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The Nano, world's cheapest car, to hit Indian roads

The Nano, the world's cheapest car, will hit Indian roads in July, four months after its formal launch on Monday, and demand is expected to far outstrip supply as the price tag of around $2,000 draws legions of new buyers.
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U.S. wants Afghanistan 'exit strategy'

The United States met NATO allies on Monday to outline its policy review for Afghanistan after President Barack Obama said it would contain an exit strategy and greater emphasis on economic development.
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City-dwellers emit less CO2 than countryfolk: study

Major cities are getting a bad rap for the disproportionately high greenhouse gases they emit even though their per capita emissions are often a fraction of the national average, a new report said on Monday.
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Commodity sector faces exodus

An exodus of expertise from the natural resources sector following the collapse in commodities prices mean banks and industry could face a shortage of seasoned professionals when demand eventually recovers.
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EU backs stronger IMF, eastern aid lifeline

The European Union on Friday pledged more than $100 billion in new loans to the International Monetary Fund to bail out countries in the global recession and urged the G20 economic powers to help double its funding.
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EU agrees new IMF loans, eastern aid top-up

European Union leaders agreed on Friday to provide 75 billion euros ($103 billion) in new loans to the International Monetary Fund as part of a G20 effort to boost the lender's firepower for fighting global recession.
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GE Capital sees '09 profit, but below December view

General Electric Co's hefty finance arm expects to be profitable this year even though the economy may drive its profit down, nearer to $2 billion to $2.5 billion than to a $5 billion figure it gave in December, a top GE executive said on Thursday.
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Internet could become environmental watchdog

The Internet could provide an early warning system for environmental damage, imitating an online watchdog that gives alerts about outbreaks of disease, scientists said on Thursday.
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RBS, Citigroup cancel jets for top executives

Royal Bank of Scotland and Citigroup have canceled orders for private jets for top executives in the wake of the financial crash and a public backlash over corporate perks, French planemaker Dassault Aviation said on Thursday.
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Dollar steadies, global bonds rally on Fed

The U.S. dollar steadied on Thursday after suffering its biggest daily plunge since 1985, while Asian government bonds rallied on a large-scale plan by the Federal Reserve to buy long-dated U.S. Treasuries, reviving a practice not used in decades.
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Dollar hit, Asian stocks rally on Fed move

The U.S. dollar nursed big losses on Thursday and Asian government bonds rallied after the Federal Reserve vowed to buy long-dated U.S. Treasuries, reviving a practice not used in decades to revive an ailing economy.
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Nokia to shutter its Mosh success story

To spearhead its push into Internet services, Nokia put users in charge when it opened in 2007 the networking site Mosh, which lets people post anything they want.
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Sudanese President denounces the West

On March 18 A defiant Sudanese president rallied Arab supporters in Darfur by saying no war crimes court or the U.N. Security Council can touch even an eyelash on him even though an international order for his arrest has been issued.
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Consumers want unrestricted Internet access: survey

Nine in 10 people expect their Internet service providers to offer open and unrestricted access to the Web, a survey showed on Wednesday. The survey, commissioned by Google, Yahoo and Web telephone company Skype, came as the European Parliament and EU states hold talks on a joint deal to reform the bloc's telecoms rules to boost competition.

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