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China Likely to Outpace US by 2025

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World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.
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News Corp. Acquires UK's Utarget

Fox International Channels, News Corp.'s pay television unit outside the U.S., acquired a 56 percent stake in European online video advertising network Utarget in an effort to increase its international ad revenue.
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Severn Trent fined £35.8 million

Water regulator Ofwat said it was planning to fine Severn Trent Water £35.8 million for deliberately providing false information to the regulator and providing poor service to its customers.
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Why people hold Gold to their hearts

From gold exchange traded funds (ETFs) to gold stocks to buying physical gold, investors now have several different options when it comes to investing in the royal metal.But what exactly is the pur...
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UN Renews Iran Nuclear Talks in April

The U.N. Security Council agreed on Monday to meet in later this month to discuss incentives previously offered to Iran on its nuclear program, U.S. officials said.
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Faulty ETS may help polluting generators: WWF

Commodity Online Warning that if the EU s Emissions Trading System (ETS) is not implemented properly it will spell negative impact, the WWF said that polluting electricity generators in Eur...
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Kerviel Sues Soc Gen

Jérôme Kerviel, the rogue trader alleged to have lost Societe Generale 5 billion euros ($7 billion), has launched court proceedings to contest his dismissal for gross misconduct, according to a U.K. media report.
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GAIL inks deal to market PMT gas

Commodity Online NEW DELHI: The state run GAIL has signed a deal with the consortium of the Panna Mukta and Tapti gas fields (PMT) for marketing the natural gas produced from the PMT field.
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S&N shareholders support takeover

Brewer Scottish & Newcastle (S&N) has said that its shareholders voted overwhelmingly in favour of a £10 billion takeover big from a consortium of Carlsberg and Heineken. The vote was taken at an extraordinary general meeting on Monday.
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Game for a Laugh?

By Adrian AshEvery time the bankers cock up, your money steps in thanks to government bail outs to patch up the losses.
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Peak Oil: World will never produce too more oil

By Edward Tapamor Peak oil is a reality. It may take a generation for al the effects to be played out but they will be played out. They will never be solved by current economic thinking, because it was current economic thinking that caused it.
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India to clinch big oil and gas deal in Iran

Commodity OnlineNEW DELHI: India's Oil and Natural Gas Corp (ONGC) and its partner Britain based Hinduja Group are planning to sign a multi billion dollar deal next month for developing oil and gas fields in Iran.
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FTSE plunges following Bear Stearns sale

The FTSE 100 dropped a staggering 217.3 points down to 5,414.4 points (minus 3.9 per cent) on Monday following the shock sale of US bank Bear Stearns to rival JPMorgan Chase. The index finished at its lowest point since late 2005.

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