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U.S. approves PepsiCo bottler buy, with conditions

PepsiCo Inc has won U.S. antitrust approval to buy two of its largest bottlers on condition that it take steps to safeguard a rival's business information, the Federal Trade Commission said on Friday.
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Congress extends Patriot Act, no new protections

Legislation to extend expiring provisions of the anti-terror USA Patriot Act won final congressional approval on Thursday, with Democrats unable to add additional civil liberties protections.
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EU pressures Google over Street View

European Union privacy regulators are urging Google to make changes in the way it executes goes about its controversial Street View program, adding to its legal worries in Europe.
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Hedge fund firm being probed on kickbacks: report

U.S. authorities are probing individuals close to NIR Group on whether the U.S. hedge fund firm paid kickbacks to outsiders to inflate the value of its holdings, the Wall Street Journal said, citing people familiar with the matter.
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Canada marks gold win with beery party on ice

Canada's ice hockey women celebrated their gold medal win on Thursday by taking to the ice afterwards drinking beer and smoking cigars but they look likely to escape a rap from Olympic chiefs.Sports | LifestyleYes, we will look into this matter but it is not an investigation, Mark Adams, International Olympic Committee (IOC) spokesman told Reuters.Without a formal investigation the IOC it looked unlikely the Canadian Olympic Committee (COC), Hockey Canada or the players would fac...
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Panicked Canadians getting giddy for gold

The panic that gripped Canada a few days ago swung to giddy optimism on Thursday as the men's ice hockey team's path to the Olympic gold suddenly looked a lot less daunting.
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Vivendi seen posting higher operating profit

Vivendi is expected to post higher revenues and operating profit for 2009 than a year earlier, even as its music division struggles and its telecommunications units face more intense competition.
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3-D films face new test with Burton's Wonderland

3-D films face new test with Burton's Tim Burton believes author Lewis Carroll's 19th century story, Alice's Adventures In Wonderland, screamed out for a 3-D film because of its surreal elements, or what the director calls its trippyness.
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Oil rises towards $79 after U.S. GDP data

Oil rose toward $79 a barrel on Friday, after sliding more than 2 percent the previous session, as an upwards revision in U.S. gross domestic product for the fourth quarter helped revive lackluster sentiment.
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Stocks dip as U.S. GDP fails to cheer

The U.S. stock market is trading slightly down in early Friday trading, showing little enthusiasm over the revised Gross Domestic Product (GDP) report.
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Obama, Democrats ponder next healthcare moves

After a seven-hour healthcare summit that did little to change Republican hearts and minds, President Barack Obama and congressional Democrats face a challenge on Friday in deciding their next moves to reform the costly U.S. system.
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Cynicism in both India and Pakistan after talks

Commentators in both India and Pakistan greeted on Friday the first official talks between their countries since the 2008 Mumbai attacks with a degree of cynicism even though no breakthrough had been expected.
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AIG alters payback plan to Fed

American International Group Inc has decided not to use securitized U.S. life insurance policies to repay the U.S. government after a $182.3 billion rescue, a source familiar with the matter said on Friday.
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Taliban attacks in central Kabul kill 16

Taliban fighters opened fire, hurled grenades and staged suicide bombings in central Kabul on Friday, killing at least 16 people in defiance of the Western-backed government and a NATO offensive.
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Toyoda meets with LaHood, thanks workers at plant

Toyota Motor Corp President Akio Toyoda had a cordial and open meeting on Thursday with Transportation Secretary Ray LaHood before thanking workers in Kentucky for supporting him during his appearance before Congress.
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Inventories boost growth in fourth quarter

The economy grew a touch faster than initially thought in the fourth quarter as businesses drew down inventories at a much slower pace and boosted investment, a government report showed on Friday.

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