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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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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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Halifax says House Prices Slowing

Halifax has said that house price growth is continuing to slow, with prices in the UK falling by 0.3 per cent in February, according to its latest monthly survey.
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Taylor Wimpey Profits Drop in 2007

Housebuilder Taylor Wimpey has announced a drop in pre-tax profits from £776.5 million in 2006 down to £535.6 million last year.
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FTSE up after five day fall

The FTSE 100 share index rose on Wednesday by 85.8 points to 5,853.5 after dropping for five consecutive days.
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FTSE Falls on Banks and Oil

The FTSE 100 share index dropped 1.1 per cent on Monday after poor performances by banks and oil companies and worries of a possible U.S. recession. Overall the FTSE 100 dropped 65.7 points down to 5,818.6.
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HSBC profits up 10 percent, bad debts hit $17 bln

HSBC's profits rose 10 percent last year as buoyant growth in Hong Kong and elsewhere in Asia helped Europe's biggest bank absorb $17.2 billion in bad debts as the U.S. housing crisis deepened. Hong Kong profits rose 42 percent while Asia earnings grew by 70 percent. North America was managed a small gain.
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Storm saved Mick Jagger from assassination

Rolling Stones frontman Mick Jagger only survived an assassination attempt by Hells Angels members nearly 40 years ago because a boat carrying his would-be killers was swamped in a storm, according to a new BBC documentary.
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Facebook lets its users translate site into German

Facebook, the social network site that has enjoyed spectacular international growth in the past year, despite being published only in English until recently, said on Monday it was offering a German version.
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U.N. council set to approve new Iran sanctions

The U.N. Security Council is expected to adopt a third round of sanctions against Iran for its nuclear program on Monday, but diplomats said this might be the first round that is not approved unanimously.
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Oil eases to $102 after record rally

Oil fell more than $1 to stand under $102 a barrel on Friday, stepping back from a record high reached due to supply disruptions and as a weak dollar encouraged investors to buy commodities.

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