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Nearly 7000 authors opt out of Google's book plan

Over 6500 authors have asked to be excluded from the digital books agreement that Google reached with the publishing industry bestselling authors Jeffrey Archer and Louis de Bernières and critical favorites Thomas Pynchon, Zadie Smith.

EC launches Google competition probe: report

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The European Commission is looking into complaints from three online companies that Google Inc's search functions penalized their businesses, The Daily Telegraph reported in its Wednesday edition.

Daily Forecast - 24/2/2010

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The Australian Dollar opens sharply lower on Wednesday just under US89 cents after weaker than expected U.S. consumer confidence data released overnight took the wind out of the sails of higher yielding currencies and riskier assets.
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EADS awaits A400M, tanker decisions; shares rise

Airbus parent EADS faced crucial decisions on transalantic defense projects worth $60 billion on Tuesday, as its shares rose on hopes its troubled efforts to diversify from jetliners would finally be unblocked.
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Iran arrests Sunni rebel accused of links with West

Iran seized a Sunni Muslim rebel leader on Tuesday behind a bombing which killed dozens of people last year, and who Tehran says has links to al Qaeda and support from Pakistan, Britain and the United States.
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Asia shares revive but await Bernanke rate clues

Most Asian stock markets recouped early losses on Tuesday while the dollar was trapped in a tight range as investors waited for Federal Reserve Chairman Ben Bernanke to shed light on how soon key U.S. interest rates may start to rise.
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Stock market recovers as bank shares soar

The U.S. stock market is trading in positive territory in the afternoon session with banks leading the rally after investors shrug off concerns of global tightening.
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EU to censure Israel after Dubai killing

European Union foreign ministers will condemn assassinations and the use of forged passports on Monday to censure Israel after the killing of a Palestinian militant in Dubai.
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UK regulator files $3.3 billion Nortel claim

A British pension fund regulator has filed a claim for 2.1 billion pounds ($3.3 billion) against failed telecom equipment giant Nortel Networks Corp, Canada's Globe and Mail newspaper reported on Saturday.
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Super Sunday fired by grudge matches

Three of international ice hockey's greatest rivalries take center stage for a hat-trick of grudge matches in what is being billed as Olympic Super Sunday at Canada Hockey Place. Sports
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French PM: new Iran measures needed if no progress

French Prime Minister Francois Fillon said world powers would have to take new action against Iran in the next few weeks if Tehran continues to reject Western proposals on its disputed nuclear programme.
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India speeds up $11 bln fighter jets purchase

India will narrow down the number of bidders by mid-2010 for its $11 billion fighter jet tender, a minister said, in a closely watched deal where diplomacy and strategic interests will play a big role.
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Brown launches fightback ahead of election

Prime Minister Gordon Brown pleaded with voters on Saturday to renew their faith in his Labour Party, which is forecast to lose a looming election, and promised to heal the battered economy.
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Schlumberger in talks to buy Smith Int'l: report

Schlumberger Ltd is in advanced talks to buy Smith International Inc, The Wall Street Journal said, in a move that would expand the oilfield services leader's arsenal as the weakened sector begins to recover.
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Double gold for Norway, Games accusations fly

Aksel Lund Svindal flashed down Whistler mountain to win the men's super-G Friday and deny American Bode Miller an elusive gold medal at the Winter Olympics as Norway stormed up the medals table.
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Bloodied buyout firms sit tight for IPO return

Private equity firms are putting floatation candidates back in the box after receiving knock backs from angry fund managers, and will try again in a couple of years when they hope the market will be more receptive.
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Daily Forecast - 19/2/2010

The Aussie dollar drifted lower in Asia yesterday pulling back from its opening levels near 90 cents before finding some support around 0.8950.

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