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China hydropower subprime carbon flood may slow

China's booming hydropower sector is facing mounting criticism for generating subprime carbon credits from projects that don't need extra earnings to succeed, raising the risk of tougher rules and putting billions of dollars of clean energy investments at risk.

Retailers mustn't cut back on being green: study

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Retailers, seeking to cut costs in the economic downturn, need to continue investing in environmental sustainability if they want to retain customers, according to a report published on Wednesday.

Wal-Mart enters China's convenience store market

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Wal-Mart , the world's top retailer, said on Wednesday it has launched a pilot program to open convenience stores in China, seeking to boost its presence in one of the world's fastest growing retail markets.
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Bankruptcy judge mulls Chrysler plan, GM talks loom

A U.S. bankruptcy judge on Tuesday considered whether Chrysler LLC could move forward with its plans for a quick sale of most of its assets while rival General Motors Corp prepared to resume talks with its union and detailed a plan that could shift majority ownership control to the U.S. government.
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Swine Flu cases nears 1,000

The World Health Organization reported on Monday that 985 cases of influenza A (H1N1) have been reported across twenty countries.
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Acer: Windows 7 will be released October 23

Acer, the world's joint second largest manufacturer of PCs, has reportedly confirmed that Windows 7 will be available pre-loaded on their new all-in-one Z5600 PC from 23 October, ahead of Microsoft's suggested release date.
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SMFG buys Citi Japan units for $5.9 billion

Sumitomo Mitsui Financial Group will buy Citigroup's Japanese broker and key investment banking units for $5.9 billion and look to form a financial services powerhouse through an alliance with Daiwa Securities Group.
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Hartford, MetLife post losses amid investment woes

Hartford Financial Group posted its third straight net loss and said it plans to stop selling new policies in Japan and the United Kingdom, as the insurer reeled from the same weak financial markets that triggered a net loss at MetLife Inc .
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UK launches green study for marine energy

The UK government is to launch an environmental study on marine energy projects in England and Wales, paving the way for commercial wave and tidal devices to be deployed.
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Study shows: Firms keeping old PCs to save money cost more

Most firms nowadays especially in this era of financial downturn are doing its best to cut cost effectively however some may not notice about the impact of keeping the old mindset. A new release study shows that a company who wishes to save money by keeping old computer cost more.
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U.S. records first Swine Flu death in Texas

This first swine flu death in the U.S. has been confirmed in Texas with the death of a 23 month old toddler, this is first death of its kind to take place outside of Mexico.
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Ethiopia

Ethiopia is like no other country in Africa. Almost five times bigger than the United Kingdom, and ranging from 120m below sea level to 4,500m above it, it’s a place of size and extremes.
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ING favors U.S. real-estate trusts despite crisis

U.S. real-estate investment trusts (REITs) enjoy strong investor support, despite the slump in U.S. property markets, because they have moved aggressively to repair their balance sheets, ING Real Estate said on Wednesday.
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UK, French ministers press Sri Lanka ceasefire call

The foreign ministers of Britain and France urged Sri Lanka on Wednesday to implement a humanitarian ceasefire with Tamil Tiger rebels in order to allow tens of thousands of trapped civilians to escape the battle zone.
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Texan baby is first flu death outside Mexico

A baby in Texas has died of the H1N1 flu strain, the first confirmed death outside Mexico from the virus, which health officials fear could cause a pandemic as it spread to two more countries.
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SocGen chairman Bouton quits after verbal attacks

Daniel Bouton, the chairman of Societe Generale whose reputation was hit by a trading scandal at the bank, resigned and blamed relentless verbal attacks on his performance for his decision to quit.
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Child porn websites fall but more work needed

Websites displaying child pornography fell by almost 10 percent in 2008, but most of those images were still being peddled by commercial sites, an Internet watchdog said on Wednesday.
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New swine flu infections intensify travel fears

New swine flu infections were found around the world on Tuesday and the specter of a pandemic began to hit the travel industry as governments warned people to stay away from Mexico where 149 people have died.
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Nokia drops U.S. operator billing from Ovi launch

Nokia said on Tuesday operator billing would not be available in the United States when its Ovi store opens in May - the latest in a series of setbacks in the U.S. market for the world's top cell phone maker.

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