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EU welcomes Ukraine's Yanukovich

NATO and the European Union's new president joined U.S. President Barack Obama in congratulating Viktor Yanukovich on Friday on his election in Ukraine, as the West looked to extend a hand to the Moscow-leaning leader.

North Korea not eager to return to talks: U.N. envoy

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North Korea is not eager to return to six-party denuclearization talks but has not rejected the idea, a United Nations envoy said on Friday as fresh diplomatic activity raised hopes for progress on the issue.

Vonn keeps fans updated in social network Games

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Lindsey Vonn turned to Twitter and Facebook to give fans reassuring news about the state of her troublesome shin on Thursday, in a further sign that these Games are turning into the social network Olympics.
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Wall Street holds losses after data

Stocks held onto early losses on Friday as consumer sentiment slipped in early February and government data showed business inventories fell unexpectedly.
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Mining M&A expected to pick up pace this year

Merger and acquisition activity in the mining sector is likely to pick up pace in 2010 as producers shift their focus from cutting costs to driving growth in a recovering global economy, according to a report released on Thursday.
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Travel Picks: Top 10 most romantic hotel bedrooms

SINGAPORE (Reuters Life!) - Trying to renew your romance this Valentine's weekend, or surprise a new partner with a gasp-inducing getaway? Boutique hotel experts Mr & Mrs Smith have rounded up a list of the top 10 sexiest hotel bedrooms.
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Call for clean slate on health reform divides U.S.

Surveys indicate that calls to abandon the bills, the product of six months of tough compromise among Obama's ruling Democrats, could boost support for Republicans as they look toward November's congressional elections.
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European stocks dip on GDP data and China tightening

European stock indices are losing steam before the opening of the U.S. session as member nations reported less than stellar Gross Domestic Product (GDP) numbers and news of China tightening shook world markets.
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Google, Apple pile pressure on phone world

At next week's mobile trade show in Barcelona you can find a program that measures how high you can throw a Nokia smartphone, an apt metaphor for Nokia's efforts to raise its game.
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Futures down after China ups bank reserve levels

Stock index futures fell on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth.
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China surprises with further rise in banks' reserves

China raised the level of reserves banks must hold for the second time this year on Friday, spooking financial markets on the eve of its New Year holiday by showing it was intent to curb lending and inflation.
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German halt, Italian reverse hit euro zone recovery

Europe's post-recession recovery hit a roadblock on Friday as German economic growth unexpectedly halted and Italy went into reverse in the final quarter of 2009, knocking total euro zone GDP growth almost flat.
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Futures point to lower start on Wall Street

Stock index futures pointed to a mostly lower open for U.S. shares on Friday, following strong gains in the previous session, as a pledge by European leaders to support Greece eased worries about a crisis in the euro zone.
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Rajaratnam wins ruling, wiretap turnover on hold

Galleon Group hedge fund founder Raj Rajaratnam, facing criminal and civil charges in a multimillion dollar insider-trading probe, won an emergency order relieving him from having to immediately turn over wiretap recordings in the civil case.
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Google staunchly defends pact to digitize books

Google Inc argued in a staunch and sometimes eloquent brief that an agreement reached with the Authors Guild to digitize millions of books was legal and a contribution to human knowledge.
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Judge demands details on $150 million SEC-BofA deal

A federal judge weighing a U.S. Securities and Exchange Commission $150 million settlement with Bank of America Corp has demanded more details on why bank shareholders were left in the dark about problems at Merrill Lynch & Co before approving that company's takeover.
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Judge has questions on $150 million SEC-BofA accord

A federal judge has ordered the U.S. Securities and Exchange Commission and Bank of America Corp to answer questions about their proposed $150 million settlement to resolve the regulator's two lawsuits over the Merrill Lynch & Co takeover.
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Alcon profit rises as Novartis takeover looms

Eye care products maker Alcon Inc , which is being acquired by Swiss drugmaker Novartis AG , reported higher fourth-quarter profit on Thursday, helped by double-digit sales increases in the U.S. and emerging markets.
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Yahoo executives address misconception about search

Yahoo Inc executives defended the company's commitment to Internet search on Wednesday, vowing to reverse the erosion of the company's market share and to fix the misconception that the company has given up on the business it helped create.

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