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Golden Globe nominations boost underdogs

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Golden Globe nominations seldom lead to the big box-office bounce that Oscar contenders can enjoy, but positive media attention can help limited releases mount successful expansions.
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Stocks rise on bets Fed will keep rates low

U.S. stocks rose on Wednesday as a benign reading on the November Consumer Price Index bolstered expectations that the Federal Reserve will keep its accommodative monetary stance to foster an economic recovery.
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Stocks rise after data, ahead of Fed statement

Stocks rose on Wednesday after data showed consumer prices did not overheat in November, quelling inflation worries, while housing data pointed to sustained recovery ahead of a Federal Reserve statement on the condition of the U.S. economy.
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Regulators to give banks Basel grace period: sources

Global regulators will give banks a grace period before forcing them to implement stricter capital rules, three people said on Wednesday, easing concerns that lenders might need to issue massive amounts of shares in the near future.
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American says could top up $1.1 bln offer to JAL

American Airlines said that it, private equity firm TPG and Oneworld alliance partners could increase their $1.1 billion investment offer to Japan Airlines (9205.T), depending on the struggling carrier's restructuring plan.
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Microsoft browser pledge ends EU dispute

European Union regulators accepted Microsoft Corp's pledge to give European consumers better access to rival Internet browsers in Windows, ending a long antitrust dispute with the U.S. software maker.
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Europeans dominate Golden Globe foreign film group

A neo-noir romance and a sweeping historical look at a Sicilian village were among the foreign language films earning Golden Globe nominations on Tuesday, hoping to boost recognition in the United States.
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NATO chief asks for Russian help in Afghanistan

NATO Secretary-General Anders Fogh Rasmussen asked Russia on Wednesday to give the Western military alliance more help in Afghanistan but failed to get an immediate pledge of assistance from the Kremlin.
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Treasury working on new uses for bailout cash

The Treasury is working on a number of fronts to use the government's $700 billion bailout fund to boost lending to small businesses, a senior Treasury official said on Wednesday, adding that tax incentives to boost hiring should be considered.
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FTC sues chip giant Intel

The U.S. government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.
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Canada to ignore pressure for deeper emission cuts

Canadian Prime Minister Stephen Harper is likely to ignore pressure to adopt tougher emissions targets this week, preferring instead to let the United States craft a North American climate change policy.
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Essilor buys US eyewear group FGX in $465 mln deal

Essilor (ESSI.PA), the largest maker of corrective eye lenses, plans to buy U.S. group FGX International (FGXI.O) for about $465 million to expand in the growing market for non-prescription reading glasses.
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Glaxo boosts consumer health with cold sore deal

GlaxoSmithKline (GSK.L) took a further step to build up its non-prescription consumer health business on Wednesday with a small deal giving it rights to an experimental cold sore treatment from privately owned NanoBio.
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Cadbury pension fund insures liabilities

British confectioner Cadbury said on Wednesday it had insured 500 million pounds ($813 million) of pension liabilities in a deal allowing it to keep control of the scheme's assets.
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Consumer prices rise as expected

U.S. consumer prices rose in line with expectations in November on a surge in energy costs, but prices were flat, excluding food and energy, a government report showed on Wednesday.
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Stocks seen notching up more gains in 2010

Stocks should score a second straight year of gains in 2010 as an economic recovery brightens the profit outlook, extending the market's rebound from the depths of a punishing financial crisis, a Reuters poll showed on Wednesday.

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