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Global stocks take a dive again as risk jitters prevail

World stocks took another dive on Friday despite early attempts at a rebound in Europe while currency dealers drove the Japanese yen to a 14-month high against the dollar, throwing out risky leverage. Wall Street looked set for a weak opening.

U.S.-Europe 'renaissance' seen under Sarkozy: Lantos

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Relations between the United States and Europe are likely to improve dramatically under new French President Nicolas Sarkozy and German Chancellor Angela Merkel, a U.S. congressional leader said on Thursday.

British legacy alive and kicking in India

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While India is doing away with some symbols of British rule, such as the names of some cities and towns, other things, such as language and the university system remain firmly entrenched.
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UK eases foot and mouth curbs after negative tests

Britain said on Wednesday it would ease restrictions on livestock movements and was likely to stand down vaccination teams after initial tests for foot and mouth disease at a farm and theme park proved negative.
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Potter author worried about translation networks

J.K. Rowling and her French publisher said on Thursday they were worried about organized groups of translators, not individuals, after a boy was arrested for posting a translation of the last Harry Potter book online.
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UK MPs urge Internet firms to tackle cyber Wild West

Internet companies, retailers and the government must do far more to protect people from the dangers of the lawless Wild West of cyberspace, an influential group of British Members of Parliament said on Friday.
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UK's Brown says foot and mouth held to limited area

Prime Minister Gordon Brown reassured farmers on Friday that an outbreak of foot and mouth was restricted to a limited area of Britain and promised swift compensation for those hit by the livestock disease.
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Murdoch free wsj.com plan raises risks for Pearson

News Corp.'s Rupert Murdoch has said he might make the Wall Street Journal's Web site free, a shift that could compel Britain's Pearson to do the same with the online version of its Financial Times.
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UK farmers resume slaughter

Farmers in Britain resumed sending animals to slaughter on Thursday after a ban on the movement of livestock to prevent an outbreak of foot and mouth disease from spreading was lifted in most of the country.
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Fortis Q2 net beats forecasts on strong banking

Belgian-Dutch financial services group Fortis reported a 16 percent year-on-year rise in second-quarter net profit on Thursday, beating analysts' expectations due to strong banking results.
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News Corp posts higher quarterly profit

Rupert Murdoch's News Corp on Wednesday said fourth-quarter profit rose 4.5 percent on higher advertising sales and affiliate revenue from the Fox News Channel and on more new subscribers at the Sky Italia satellite TV service.
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Rolls-Royce engine certified for Boeing's 787

Britain's Rolls-Royce said on Tuesday its Trent 1000 plane engine had received its airworthiness certification, clearing the way for the first flight of Boeing Co.'s hot-selling 787 Dreamliner.
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Lab in spotlight over British foot and mouth

A U.S.-French pharmaceutical company was at the heart of an investigation by British authorities on Sunday to try to find the source of an outbreak of highly infectious foot and mouth disease.
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Libya close to arms deals with France

Libya is set to buy anti-tank missiles and radio systems from European aerospace and defense group EADS, days after a visit to Tripoli by President Nicolas Sarkozy, the French government said on Friday.
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Web networking boom blasts into the workplace

After years of socializing, Facebook and MySpace mean business. The sites, which started as a way to help people stay connected with friends, in the past year have begun catering to professionals, offering networking and advertising opportunities.
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BA profit rise beats forecasts

British Airways beat forecasts with a 28 percent rise in quarterly operating profit on Friday but warned that a weak dollar and soaring fuel prices would slow full-year revenue growth and raise costs.
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RBS profits up 11 percent

Royal Bank of Scotland, Britain's second biggest bank that is locked in a takeover battle for ABN AMRO, beat expectations with an 11 percent rise in profit and lifted its dividend by 25 percent.
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UK's Brown urges people power to fight poverty

British Prime Minister Gordon Brown urged governments, businesses and volunteer groups on Tuesday to unite in a show of people power to put the world back on track toward slashing extreme poverty by 2015.
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BA hit with record fine for price-fixing

British Airways revealed the biggest fine in its history on Wednesday as it reached settlements with the U.S. and UK authorities for price fixing that could cost it up to 350 million pounds ($711 million).
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Thousands homeless as Asia weather misery spreads

Asia's monsoon misery has spread to Nepal, leaving thousands of people homeless, while more rain is expected to bring further chaos to China's drowned southwest, where many have already lost homes, livelihoods and loved ones.
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Cadbury delays drinks sale amid market turmoil

Britain's Cadbury Schweppes said on Friday it was extending the timetable for the sale of its North American drinks business due to the turbulence in debt markets, although it said buying interest was keen.

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