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BSkyB to launch online TV service to spur growth

BSkyB, Britain's dominant pay-TV group, is to launch an online offering to enable it to better take on the likes of Lovefilm and Netflix, following some signs of slowing growth at its main satellite business.
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WikiLeaks founder Julian Assange arrives at the High Court in London

Julian Assange to guest star on The Simpsons

Controversial WikiLeaks founder Julian Assange will be a guest character and voice on animated TV comedy The Simpsons, playing a neighbor of the family after they move from their home in fictional Springfield.
Asian Stocks

Asian Shares Recover on Greek Debt Hope

Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal's refinancing ability capped gains.
Free Syrian Army

Syrian Troops Recapture Damascus Suburbs

Syrian President Bashar al-Assad's forces have taken the upper hand in escalating battles on the outskirts of the capital Damascus while top Western and Arab diplomats are seeking a U.N. Security Council resolution calling for him to go.
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Mexicans overcharged billions for phone, web: study

Mexicans have been overcharged $13.4 billion a year for phone and internet services as the industry dominated by billionaire Carlos Slim gouges customers and keeps the economy from growing, a study released on Monday said.
Germany's Chancellor Merkel meets with France's President Sarkozy and Italy's Prime Minister Monti shortly before an informal meeting of the European Council ahead of the European Union leaders summit in Brussels

EU States Back Germany's Fiscal Discipline Pact

Chancellor Angela Merkel cemented her political ascendancy in Europe Monday when 25 out of 27 EU states agreed to a German-inspired pact for stricter budget discipline, even as they struggled to rekindle growth from the ashes of austerity.
A Lloyds bank branch sign is seen in the City of London

FTSE Close Lower as Bank Shares Lead Retreat

Weakness in banks and commodity stocks dragged Britain's leading share index lower on Monday as the protracted search for a Greek bond deal and concerns about economic growth kept investors nervous.
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Euro zone confidence improves, highlights divergence

Confidence in the euro zone's economy strengthened in January for the first time since early 2011, EU data showed on Monday, but a recovery in Germany masked a deterioration in France and Italy, highlighting the bloc's diverging fortunes.
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Optimism builds in euro zone economy, picture still mixed

Confidence in the euro zone's economy strengthened in January for the first time since early 2011, EU data showed on Monday, but a recovery in Germany masked a deterioration in France and Italy in a sign of the bloc's diverging fortunes.
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China to make Shanghai global yuan hub by 2015

China intends to establish Shanghai as the global centre for yuan trading, clearing and pricing over the next three years as part of broader plans to make the commercial hub an international financial centre by 2020.
A Greek and an EU flag fly over the Greece's Finance Ministry in Athens

EU Leaders to Agree on Permanent Bailout Fund

EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule in national legislation, with unresolved problems in Greece casting a shadow on the discussions.
The logo of Swiss bank UBS can be seen outside its New York office

Regulators Weigh Action on Huge UBS Trading Loss: Report

Regulators in Britain and Switzerland may take steps against bank UBS for shortfalls in oversight that allowed an alleged rogue trader to run up a huge loss, the Wall Street Journal reported on Sunday, citing sources familiar with the matter.

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