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A Climate of Skepticism

The United Nation's climate change summit has been billed as the last hope to save the world from itself. Brought on by a rise of man-made greenhouse gases, the earth is slowly inching towards a man-induced climate disaster, urgent for coordinated action...or so the saying went.

Haifa Chems, Citi agree emissions trading deal

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Haifa Chemicals and Citi (C.N) said on Wednesday they had agreed to sell certified emission reduction (CER) credits after the Israeli company acquired new technology to cut its greenhouse gases.
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China urges U.S. to increase Copenhagen offer

China said on Wednesday it wanted the United States to offer sharper carbon cuts by 2020, and President Barack Obama's top aides promised robust engagement with world leaders at Copenhagen climate talks.
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Ancestry site puts Hitler's war service online

A British genealogy website has put Nazi dictator Adolf Hitler's World War One military service records online, alongside those of more than a million other soldiers who fought for Germany.
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PE firm Actis, S'pore's KS Energy in $231 mln JV

Private equity firm Actis and Singapore oil services firm KS Energy on Tuesday announced plans for a joint venture that will distribute parts and equipment to oil companies in Asia and the Middle East
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McDonald's U.S. November same-store sales dip

McDonald's Corp said sales at established U.S. restaurants fell 0.6 percent in November, marking the second straight month of declines at domestic outlets, and its shares fell 2.6 percent.
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Tesco sales towards bottom end of forecasts

Tesco Plc, the world's No.3 retailer, posted quarterly sales growth toward the bottom end of forecasts, held back by a drop in food price inflation, but said a gradual consumer recovery remained on track.
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Daisy Group posts 9-mth loss, to cut jobs

British telecoms firm Daisy Group Plc posted a loss for the nine-month period and said it would cut jobs to integrate its acquired businesses but was comfortable with current market expectations.
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UK must take smart meter step to climate goal

Smart meters, which encourage consumers to cut energy consumption, are crucial for Britain to limit costs for achieving its ambitious 2050 greenhouse gas reduction target, an executive from National Grid said.
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Many prostate cancers caught by screening won't kill

The number of prostate cancers diagnosed in UK men each year would jump from 30,000 to 160,000 if the country introduced population-wide screening for the disease, new research shows. However, many of those cancers are low-risk and may not lead to death.
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U.S. rate views boost dollar; hit stocks and gold

World stocks slipped on Monday from last week's 14-month high while the dollar hit a five-week peak as investors grew convinced U.S. interest rates could rise soon after the previous session's robust jobs report.
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U.N. summit should pave way for global CO2 market

A United Nations climate summit should lay the foundations for a global carbon market or UK business will suffer as firms move to countries with lower emissions targets, business lobby group CBI said on Monday.
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Daily Forecast - 07/12/2009

The Australian Dollar opens lower today at 0.9130 after a stronger than expected jobs report on Friday night bolstered the greenback. The U.S. Labour Department report showed that 11,000 jobs were shed in November, far less than the 125,000 expected by financial markets, pushing the unemployment rate back down to 10 per cent. The Aussie once again ran into strong resistance just beneath the US93 cent mark before falling quite sharply on the U.S. employment news hitting an overnight low of 0.9107...
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Amazon says no plans to open physical stores

Amazon.com Inc, the world's largest online retailer, has no plans to open stores anywhere in the world, it said on Sunday, in response to a report it was planning to open high street shops in Britain.
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Amazon planning to open UK shops: report

Amazon.com Inc , the world's largest online retailer, is planning to open high street shops in Britain to complement its Web site, the Sunday Times newspaper reported.

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