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Ford sweeps awards in Detroit

Ford Motor Co , swept the 2010 North American Car and Truck Awards at the Detroit auto show on Monday, marking only the third time in the 17-year history of the award that a single automaker has claimed both titles.

Cellphone use for shopping up: Motorola

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A growing number of consumers worldwide used their mobile telephones to help them shop early in the holiday season with usage particularly high among young adults seeking coupons, according to a study sponsored by Motorola Inc and released on Monday.
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Stock futures signal gains; eyes on Alcoa

U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.52 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.45 percent at 4.15 a.m. EST.
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Ecclestone, Genii gather cash for Saab bid: report

Formula One supremo Bernie Ecclestone and investment company Genii Capital will soon have initial financing to show GM they can fund a purchase of carmaker Saab, daily Dagens Industri wrote on Monday.
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Asia stocks hit 17-month high on China export surge

Asian stocks hit a 17-month high on Monday as a strong rebound in China's exports raised investor optimism about Asia's economies while the dollar suffered its biggest loss in six weeks after poor U.S. jobs data.
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Asia stocks at 17-month high on China trade

Asian stocks rose to a 17-month high on Monday as a strong rebound in China's exports raised optimism about the region's economic outlook as the dollar suffered following weak U.S. jobs data.
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Goldman weighs expanding charity program

Goldman Sachs Group Inc may expand a program that would require executives to give a part of their pay to charity, as it looks to cool public anger over compensation, the New York Times reported on Sunday.
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Fed's Bullard says pace of job losses slows

A senior Federal Reserve official said the pace of job loss had slowed even though unemployment remains high and the challenge for policy makers will be to adjust extensive securities purchases.
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Fed's Bullard: Job loss pace slowed

A senior Federal Reserve official said on Sunday that while unemployment remains high, the pace of job loss has slowed and the main challenge for policy makers will be to adjust extensive securities purchases.
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FOREX-Dlr extends losses, Aussie shines on China data

The U.S. dollar fell on Monday, extending losses after posting its biggest loss in six weeks after U.S. jobs data disappointed, while the Australian dollar soared on the back of strong export numbers from China.
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Colombia fears pain from Venezuela devaluation

Venezuela's devaluation of its currency will further complicate its troubled commercial relationship with neighboring Colombia, where the economy is already suffering from a breakdown in cross-border trade.
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Daily Forecast - 11/1/2010

The Australian Dollar opens higher on Monday at 0.9260 after U.S. non-farm payrolls came in weaker than expected sparking a sell-off in the greenback.
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Earnings, outlooks hold key for stocks

U.S. stocks could be in for a bumpy ride this week as three Dow components kick off the quarterly earnings reporting season, with investors clamoring for reassurances on future profits.
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China's commodity imports soar in Dec.

China ended 2009 with record monthly imports of crude oil and soybeans and a strong appetite for iron ore and copper, while its aluminium and steel sectors saw a welcome increase in export volumes.
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China's commodity imports soar in December

China ended 2009 with record monthly imports of crude oil and soybeans and a strong appetite for iron ore and copper, while its aluminum and steel sectors saw a welcome increase in export volumes.
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Fed's Rosengren sees mortgage rate rise in spring

U.S. home loan rates could rise by as much as three-quarters of a percentage point in the spring as the Federal Reserve ends its mortgage bonds purchase program, a top Fed policymaker said in an interview published on Saturday.
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Yen reclaiming carry trade as U.S. bond yields rise

The recent spike in U.S. bond yields, coinciding with a rally in the dollar against the yen, is flagging a return to the yen to fund carry trades -- the risky strategy of using a low-yielding currency to purchase assets in higher-yielding currencies in the search for better returns.
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For some, 3D movies a pain in the head

Movie buffs and sports fans looking to 3D televisions for the ultimate home theater experience may want to get their eyes checked first -- or risk a 3D headache, U.S. eye experts said on Saturday.
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Panasonic to launch 3D channels by June 2010

The world's biggest maker of plasma TVs, Panasonic plans to launch its 3D channels by June 2010 with U.S. satellite TV provider Direc TV Group and looks to sell about 1 million units in the first year of their launch, its U.S. chief said on Friday.

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