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Lockerbie bomber says backs call for inquiry

The man convicted of the Lockerbie bombing that killed 270 people said he would cooperate with a fresh public inquiry and provide documents he has, a newspaper reported on Saturday.

Noel Gallagher says he has quit Oasis

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Songwriter and guitarist Noel Gallagher announced Friday he had quit Oasis, saying he could no longer work with his brother Liam, the rock band's singer.
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Britain pledges $1 billion to help Pakistan

Britain will commit 665 million pounds ($1.08 billion) in aid to help Pakistan stabilize its violent border areas and tackle the underlying causes of extremism, Prime Minister Gordon Brown said Friday.
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Berlusconi sues local, foreign media for libel

Italian Prime Minister Silvio Berlusconi is launching legal actions against media in Italy and abroad, including Britain, France and Spain, for libel in their coverage of his private life, his lawyer said on Friday.
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Oil up around $73; barrier at $75

Oil rose above $73 a barrel on Friday, lifted by slightly better than expected GDP and jobs data out of the United States, though traders said it was still rangebound between $70 and $75 for the week.
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Ophone comes next week, gearing up for iPhone invasion

China Mobile is to release the closely-watched 3G Ophone next week, while rival China Unicom is to bring Apple's iPhone to China as soon as Friday, which may add fuel to the flames in the fiercely competitive Chinese market.
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OzForex Daily Commentary - 28 August 2009

Despite more strong local economic data in the form of CAPEX yesterday the Aussie dollar struggled during the majority of the Asian session drifting lower from the days open around 0.8280 to exchange as low as 0.8240.
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Kazakhmys first-half earnings beat expectations

Kazakh copper producer Kazakhmys Plc posted better-than-expected first-half earnings on Thursday, helped by cost cutting and the sale of stockpiled inventories to China, lifting its shares more than 4 percent.
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Microsoft cuts price of high-end Xbox model

Microsoft Corp is slashing the price of its high-end Xbox 360 model by $100 in the United States and 50 euros ($71) in Europe, upping the stakes in the game console fight this holiday season.
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U.S. stars pushing America to dance to Europe's beat

Electronic dance music with heavy bass, unknown vocalists and mixed by club disc jockeys regularly tops pop charts in Europe but in America such music has been an underground genre with little mainstream success.
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OzForex Daily Commentary - 27/08/2009

Australian Dollar: Yesterdays stronger than expected Australian economic data provided some level of support for the Aussie dollar at 0.8330 during the local session sending it into early European exchange on its highs pressing against 0.8380. Resistance at these levels proved too strong to overcome and the AUD/USD spent the majority of the offshore session drifting lower. Demand for the Greenback against the majors saw the Aussie move closer to 0.8250 and opens this morning at 0.8275. The loca...
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Tatum, Bell, Sutherland fly with

Channing Tatum, Jamie Bell, Donald Sutherland and Mark Strong are sharpening their swords for director Kevin Macdonald's Roman epic
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G20 not expected to cap and tax bank bonuses

G20 finance ministers will discuss next week how to curb excessive bankers' pay but the group of leading nations is not expected to heed a French call to cap and tax bonuses, officials and analysts said.

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