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Google changes trademark ad policy in Europe

Google is set to allow advertisers in Europe to use rivals' trademarks when bidding for online ads in a move that will prevent big brand owners from controlling which ads appear during users' searches.

European banks beat estimates as bad loans fall

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More of Europe's top banks beat earnings forecasts on Wednesday, as bad debts shrank more than expected in the first half, outweighing a slowdown in investment banking, which was hit by sovereign debt fears.

SocGen says recovery fragile, Q2 beats forecasts

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French bank Societe Generale warned the economic recovery was still fragile, with moderate growth prospects in Europe, after it beat forecasts with an almost fourfold leap in second-quarter net profit.
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SocGen says recovery fragile as Q2 beats forecasts

French bank Societe Generale warned the economic recovery was still fragile, with moderate growth prospects in Europe, after it beat forecasts with an almost fourfold leap in second-quarter net profit.
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Asian stocks up as markets shrug off China data

Asian stocks rose on Monday on strong corporate earnings and shrugged off news that Chinese manufacturing shrank in July amid investor hopes that the world's fastest growing major economy will expand strongly.
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Singapore ex-BP employees seek to set aside search order

Six former BP employees sued by the oil major for breach of contract in Singapore have applied to the court to set aside a search order that had allowed BP's lawyers to seize their personal computers, mobile phones and thumb drives, court documents showed.
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AT&T and Verizon plan mobile payment system: report

AT&T Inc and Verizon Wireless are planning a partnership to displace credit and debit cards by letting consumers pay with the contactless wave of a smartphone, Bloomberg News reported, citing three people with direct knowledge of the plan.
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Study says ADHD could be linked to diet

A new Australian study suggests that ADHD in adolescents might be linked to Western diets that tend to be high in refined sugar and sodium, total fat and saturated fat.
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International Community Presses Juba, Khartoum On Sudan Referendum

The international community is pressuring the Juba and Khartoum governments to speed up preparation for a vote on South Sudan's future - a decision that will be dominated by the fate of coveted oil resources -- but an expert on the African country criticizes the lack of understanding about Sudan.
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Asia stocks slip on U.S. worries

Asian stocks sagged on Friday as worries U.S. growth data may surprise on the downside and downbeat comments from a Federal Reserve official gave investors reason to book profits from a steady rally this month.
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Daily Forex Commentary 29/7/2010

The Aussie's three-week ascent towards US90.50 came to an abrupt halt yesterday immediately after the release of the much-anticipated June quarter inflation data.
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Conoco Q2 surges as refining buoys Big Oil

ConocoPhillips , the third-largest U.S. oil company, reported a 150 percent increase in underlying quarterly profit, in a dramatic bounceback of its volatile refining business.
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Senate postpones BP-Lockerbie hearing

Senators postponed a hearing on whether British oil giant BP Plc influenced the release of the Lockerbie bomber, saying on Tuesday key witnesses had stonewalled the investigation by refusing to appear.
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Daily Forex Commentary 28/7/2010

An increase in the Australian Conference Board leading index from 0.1% to 0.3% during the month of May added some underlying support to the Aussie dollar in Asia yesterday as it held firm above the 90 cent handle etching out gains to enter offshore exchange at 0.9025.
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BP's ousted chief won't testify to Senate

BP Plc's ousted chief executive, Tony Hayward, will not testify to a Senate committee examining whether the oil giant influenced the release of the Lockerbie bomber, Senator Robert Menendez said on Tuesday.
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Euro hovers near 2-month high as dollar weighed

The euro hovered close to a two-month peak against the dollar on Tuesday, retaining support after last week's European bank stress tests revealed no horrors while increased demand for riskier assets weighed on the dollar.
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BP set to replace CEO as spill cleanup resumes

BP Plc is expected to install an American known for diplomacy as chief executive, replacing Tony Hayward who has come under fire for his gaffe-prone handling of the worst oil spill in U.S. history.
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Genzyme weighs Sanofi approach: source

Biotechnology company Genzyme Corp is weighing an informal takeover approach from France's Sanofi-Aventis but is not looking to sell the company, a source familiar with the situation said on Monday.
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Daily Forex Commentary 27/7/2010

The Aussie dollar held on to support around 0.8940 during the Asian session despite a lower than expected second quarter Producer Price Index or PPI as its referred to.

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