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UK consumer watchdog probes Groupon

Britain's consumer watchdog, the Office of Fair Trading, said it is investigating Groupon UK after receiving complaints about how the daily-deal company was conducting its business.
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Merkel Says Debt Crisis Will Take Years to Solve

German Chancellor Angela Merkel called on Friday for rapid EU treaty change to remedy the root causes of the euro zone's debt crisis but warned that Europeans faced a long, hard marathon to restore lost credibility.
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Asian Stocks Post Weekly Gains on Central Bank Fix

Asian stocks are set for their first weekly rise in a month buoyed by coordinated central bank actions, while the euro held on to hefty gains before European policymakers make a fresh stab to tackle its crisis at a summit next week.
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Sarkozy says governments must keep control of EU

President Nicolas Sarkozy, under pressure from a spiraling euro zone debt crisis five months before a presidential election, told France on Thursday the euro bloc needs closer and stricter coordination of national budgets to survive.
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Star Collision Could Account for Christmas Burst (VIDEO)

A burst of energy that lit up the sky Christmas Day 2010 has been explained as one of two possible star collision theories, scientists revealed in the journal Nature. A 28-minute long gamma-ray burst was recorded that day by NASA's Swift observatory. Now, two papers from Nature attempt to explain the explosion using two models of star collisions, one within our galaxy and one billions of light years away.
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France's Sarkozy to outline euro crisis stance

President Nicolas Sarkozy will endeavor to warm the nation to giving Brussels more control over national budgets on Thursday as the euro zone crisis pushes France towards recession, squeezes its banks and threatens its AAA credit rating.
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AT&T, Deutsche Telekom battling for merger: sources

AT&T Inc and T-Mobile USA's parent company Deutsche Telekom AG are still battling to save their $39 billion merger and are not in talks about a network-sharing alternative, people familiar with the matter said on Thursday.

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