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H1N1 pandemic starting to wane in some countries-WHO

H1N1 swine flu has not peaked yet but seems to be waning in Canada and the United States, signalling that the end of the pandemic may be on the horizon, the World Health Organisation (WHO) said on Thursday.
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Google offers online news compromise

Google offered publishers a way to attract paying subscribers without having to remove their content from Google News search results, after Rupert Murdoch and others accused it of profiting from their news.
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Kraft sticking to its unhurried plan as deadline looms

Kraft Foods is preparing to post its offer documents for Cadbury as Monday's deadline approaches, but interest from Hershey and Ferrero is unlikely to spook the North American food giant into raising its bid in the short-term.
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Iran releases five Britons detained from yacht

Iran released five Britons detained in the Gulf after their yacht apparently strayed into Iranian waters, Britain said Wednesday, averting a diplomatic row on top of Iran's disputes with the West over its nuclear program.
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UK warns EU not to stifle City of London

Britain has warned its EU partners not to stifle the City of London's financial services industry with excessive regulation, responding to concerns that France will push for tighter rules at its expense.
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Dubai World to meet creditor panel on debt crisis

Government-owned Dubai World will meet its main creditors next week to discuss a request to delay payment on $26 billion in debt that has shaken global markets and confidence in the Gulf Arab business hub.
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Ben Kingsley seeks Indian money for Taj movie

British actor Ben Kingsley, best known for his Oscar-winning role as Mahatma Ghandi, is looking to India again, this time for financing for another historic Indian role -- Mughal emperor Shah Jahan.
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Obama's commander says now has tools for Afghan war

The top U.S. battlefield commander said on Wednesday that President Barack Obama's 30,000-strong troop increase for the Afghan war would make a huge difference, as the White House prepared to sell the new strategy to Congress.
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Google offers publishers limit on free news access

Google is offering news publishers a way to attract paying subscribers without having to remove their content from Google News search results, after some media companies accused it of profiting from their online news.
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Key political risks to watch for W.Europe markets

Contagion from emerging markets Ukraine and Dubai, debt in the eurozone's weakest economies, British politics, climate talks in Copenhagen and tensions with Tehran could all affect Western European markets in December.
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European shares edge lower; financials weigh

European equities edged lower on Wednesday after their biggest one-day gain in more than 4 months in the previous session, as a decline in banking stocks offset higher pharma and food shares.
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Dubai World lenders to meet firm next week: exec

Dubai World's creditors have formed a committee comprising six banks that will meet with the troubled state-controlled conglomerate next week, a bank executive familiar with the matter said on Wednesday.
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Obama spells out new Afgan Policy

President Obama announced Tuesday night that he will reinforce Afghanistan with some 30,000 more United States troops to reverse the momentum of the Taliban insurgents, and begin to withdraw in July, 2011.
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Iran warns to prosecute 5 UK sailors

Iran warned Tuesday that it will prosecute five detained British sailors if it is proven they had intentions to violate the national security” of Iran.
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Michael Jackson beats out Sarah Palin as most searched term in 2009

Michael Jackson's surprising death made him the most searched term online in 2009. Michael Jackson is the only search term to appear on all three (Google, Bing and Yahoo) search engine's top 10 lists, and at the top of the three lists. On Yahoo, it ended singer Britney Spears' four-year reign as the most searched term.
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Daily Forecast - 2/12/2009

The RBA increased interest rates by 0.25% for the third consecutive month taking the official cash rate to 3.75% in a move that surprised some sections of the market.

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