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Gold Prices Slightly Higher, Platinum at 3-Month High

Gold prices climbed on Monday as news that Greece's parliament had approved an austerity bill needed to release a second round of bailout funds lifted the euro, while platinum rose back towards a three-month high as supply issues flared up.
Immelt speaks at a news conference after a "Jobs for America Summit" at the U.S. Chamber of Commerce in Washington

Defying Weak Economy, GE To Go on U.S. Hiring, Plant-Building Spree

General Electric Co., the blue-chip U.S. conglomerate widely seen as a bellwether of the state of the American economy, is going on a hiring spree. The company is set to employ 12,000 new workers over the next five years, including 5,000 veterans hired through a special priority-placement program, GE said Monday.
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Gold coins

Barrick Gold to Sell Stake in Russia's Highland Gold

Canada's Barrick Gold, the world's largest gold producer, plans to sell its 20 percent stake in Russia's Highland Gold, pulling out of one of the world's most promising - but also toughest - gold frontiers.
Yusuf Raza Gilani

New Political Player: Pakistan Supreme Court Takes Centre Stage

By indicting Pakistan's embattled prime minister for contempt of court on Monday, the Supreme Court may have cemented its role as a political player alongside the military and the civilian government, complicating an already Byzantine political scene.
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OECD flags signs of broader upturn in economic outlook

The international economic outlook is showing tentative signs of improvement, with the momentum shift spreading from the United States and Japan to other developed countries, the OECD's December survey of growth prospects showed on Monday.
Black Friday shoppers cross 34th Street outside Macy's in Herald Square in New York

Retail Sales Rose in January: U.S. Economy Preview

Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
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China CIC says wary of European govt bond investments

China Investment Corp remains wary about investing in European government bonds despite a plea from Germany's chancellor, but will look for opportunities in infrastructure and real industrial projects, the head of the country's $410 billion sovereign wealth fund said on Monday.
Westminster Dog Show

Westminster Dog Show 2012: Live Stream Video, Schedule of Events, Details on Breeds and Groups

The 136th Annual Westminster Kennel Club Dog Show begins Monday in New York City. Dogs from across the country come for two days to compete in the world's most famous dog show against top entries in their breed and group. Find out more information here on where to watch the live stream video, on where to find the schedule events, and for further details on the breeds and groups competing.
Riot police stand guard in front of the parliament during a protest against austerity measures in Athens

Gold Prices Rise after Greece OKs Austerity Plan

Gold prices rose Monday after Greek lawmakers accepted terms of a deeply unpopular austerity plan that Eurozone leaders demanded as the price for financially rescuing the debt-choked nation.
Henrique Capriles Radonski

Venezuela Presidential Election: Is Rise of Henrique Capriles a Warning Sign for Hugo Chávez?

Henrique Capriles Radonski, Governor of Miranda state, has won the opposition nomination to fight the incumbent socialist President Hugo Chávez in the October presidential elections in Venezuela. Capriles, 39, has swept the opposition primaries, defeating four of his opponents with huge margins. His one-sided victory in the primaries is seen as a warning sign to President Chavez who is looking forward to winning a third six-year term as Venezuelan President.
Adele

Adele Steals the Show at Grammy Awards 2012; Scoops 6 Grammys

Soul singer Adele triumphed in her return to music's stage on Sunday at the Grammy Awards 2012, scooping up six Grammys and winning every category in which she was nominated including album of the year for 21 and best record with Rolling In the Deep.
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Olympus forecasts $412 million annual loss unscathed

Japan's Olympus Corp, which is trying to recover from an accounting scandal that battered its balance sheet, forecast a 32 billion yen ($412 million) full-year net loss on Monday, dragged down in large part by its ailing camera business.
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EU won't drop aviation CO2 scheme

The European Union will not bow to pressure to suspend a controversial scheme to charge airlines for their carbon emissions, but is willing to be flexible in finding a solution to a row that threatens to escalate into a full-blown trade war.
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Japan economy shrinks more than expected in Q4

Japan's economy shrank more-than-expected in the fourth quarter, hurt by slowing global growth, Thai floods and a strong yen, casting doubt on hopes for a pick up in activity in the first months of 2012.

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