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Iran honors Guards killed in attack, blames U.S

Iran's military accused the United States and Israel of terrorism as it held a funeral on Tuesday for high-ranking commanders killed in the deadliest attack in the Islamic Republic since the 1980s.

GM, Opel Trust signal Magna on track to win Opel

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General Motors looked poised to sign over carmaker Opel to Canada's Magna as fears the EU might scupper the deal were dispelled, but Spanish workers planned strikes to protest looming cost cuts.

Karzai agrees to Afghan election runoff

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Afghan President Hamid Karzai must face an election run-off against his main rival on November 7, officials said on Tuesday, to resolve a disputed first round that plunged the country into months of political uncertainty.
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Daily Commentary - 20/10/2009

The Aussie dollar opened Monday a nervous note with local investors unsure if the week ahead could see the beginning of a reversal of the recent strong run higher.
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Google goes global with Apps

Google Inc said more than 2 million businesses now use its online office software, and the Web search leader is going global on Monday with an advertising campaign to lure customers away from Microsoft Corp and IBM products.
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Gannett profit sinks but beats estimates

Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit and a 28 percent drop in publishing advertising revenue on Monday, but the results were better than expected and shares rose more than 8 percent.
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Spotify to launch mobile offering with 3, HTC

Sweden's Spotify, the European digital music service, will be available to customers of British mobile operator 3 through a new HTC Hero phone, the three companies said on Monday.
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World leaders told to seal climate deal in person

Britain urged world leaders on Monday to turn up in person to salvage a U.N. climate deal in Copenhagen in December, as Australia and India outlined steps to rein in their greenhouse gas emissions.
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Opel Trust says no need to re-open Opel sale

The German trust set up to oversee Opel said on Monday it saw no reason to re-open the sale of the carmaker despite EU concerns that Berlin's promises of state aid had skewed the bidding process.
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Iran threatens Britain and U.S. after Guard bombing

The head of Iran's Revolutionary Guards on Monday vowed to retaliate against the United States and Britain after accusing them of backing the perpetrators of a suicide bombing that killed six Guards commanders.
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Did Rajaratnam's money find way to Tamil Tigers?

A Sri Lankan-born billionaire's arrest in the largest U.S. hedge fund insider trading case triggered new scrutiny on Monday in his native country over the possibility his money found its way to the Tamil Tiger rebels.
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Overseas box office still looking Up

For the fourth time this year, the 3D animated feature Up claimed the No. 1 spot on the overseas circuit, bagging $27.9 million from 4,500 screens in 24 territories during the weekend.
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Risks to global equity rally

Four major risks threaten a solid year-end rally to cap this year's stunning bounce back by global equities -- earnings, bonds, currencies and cash.
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UK to tighten mortgage rules, ban liar loans

Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called liar loans blamed for helping to fuel bad debt problems at the heart of the credit crunch.
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EU says Germany assures Opel aid is unconditional

Germany has assured GM and the Opel Trust that its 4.5 billion euros ($6.70 billion) offer in financial aid for Opel is not tied to the choice of an investor or a plan, a European Commission spokesman said on Monday.
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FTSE up 1.3 pct; miners and energy firms advance

Gains in miners and energy firms pushed Britain's top shares 1.3 percent higher by midday on Monday, underpinned by firmer commodity prices, while investors awaited corporate earnings from the United States for further direction.
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Europe shares jump 1 pct; technical outlook bright

European shares bounced back on Monday to hover near last week's 12-month highs, with banks, food producers and drugmakers leading the advance ahead of more earnings results from major companies such as Apple (AAPL.O).
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UK regulator outlines plans to ban liar loans

Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called liar loans blamed for helping to fuel bad debt problems at the heart of the credit crunch.
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Google goes global with Apps, has 2 million customers

Google Inc said more than 2 million businesses now use its online office software, and the Web search leader is going global on Monday with an advertising campaign to lure customers away from Microsoft Corp and IBM products.
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Daily Commentary - 19/10/2009

After rallying to an intraday high above 0.9250 in Asia on Friday risk appetite waned somewhat sending the Aussie dollar back below 92 cents in offshore trade.

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