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Toyota sees China 2010 sales growth slowing

Toyota Motor said it expects its China sales growth to slow next year, after strong gains in 2009 fueled by government incentives aimed at boosting the national auto sector during the global downturn.

GM sees China sales growth slowing in 2010

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General Motors expects its China sales growth to drop dramatically in 2010 as the carmaker nears the end of a year of government stimulus-fueled growth in the world's biggest car market, the head of the company's China operations said on Monday.
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Volkswagen to triple south China sales by 2018

China - Europe's biggest carmaker, Volkswagen plans to more than triple its sales in south China by 2018 as a main driver for its strategy to double sales to 2 million units in the country by that time, its China chief said on Sunday.
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Cadbury hits new high as bidders circle

Speculation about a bid battle for Cadbury among Kraft Foods and other rivals lifted shares in the British confectioner to a new high on Monday but analysts doubt whether a competing bid will emerge.
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Goldman raises Nasdaq OMX to buy

Goldman Sachs upgraded Nasdaq OMX Group to buy from neutral, citing underappreciated growth prospects. The brokerage said it sees the Nasdaq Stock Market parent company getting revenue of about $10 million a quarter from its new N2EX British wholesale power exchange, which the company runs along with Nord Pool.
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Analyst predicts Verizon will offer iPhone in 2010

Unsurprisingly, iPhone sales are booming across Europe as the end of exclusivity arrangements rev up the demand for Apple mobile phones. Broadpoint AmTech analyst predicts Apple will finally do the same in the US and will add Verizon as a carrier in 2010.
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KPN and iBasis agree on final, higher offer

Dutch telecoms group KPN agreed improved terms for the takeover of iBasis, securing the control it needs to turn around the loss-making global top-three voice traffic carrier.
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Litigation fund Burford makes first investments

Burford Capital, the AIM-listed investor in corporate lawsuits -- said on Monday it has made its first two investments since raising 80 million pounds ($132.3 million) in an IPO last month.
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Campbell Soup Co posts profit, shares edge up

Campbell Soup Co reported a higher-than-expected quarterly profit on Monday, helped by price increases and easing costs for ingredients including grains and tomatoes that offset a drop in sales.
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U.S. existing home sales seen at highest since July 2007

Sales of existing U.S. homes likely rose for a second consecutive month in October, reaching their highest since July 2007, according to a Reuters poll, as buyers scrambled to take advantage of greater affordability and a first-time home buyer tax credit.
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Wilbur Ross to invest in Longyuan HK IPO

U.S. billionaire investor Wilbur Ross plans to buy shares of China Longyuan Power Group, Asia's largest wind power generator, which aims to raise up to $2.2 billion from its Hong Kong initial public offering, according to a preliminary prospectus.
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Stocks jump after home sales data, Bullard comments

U.S. stocks rose on Monday, with the S&P on track to break a three-day sell-off, after data showed existing home sales rose to their highest level in 2-1/2 years and investors were reassured by a Fed official's comments.
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Agrium to continue pursuit of CF Industries

Canadian fertilizer maker Agrium Inc said on Monday it would persist in its hostile bid for U.S. rival CF Industries Holdings, a move that could prolong the already drawn-out three-way merger battle in the sector.
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Iraq parliament passes new vote law

Iraq's fractious parliament on Monday approved an amended version of a law needed to hold a general election next year, but sidestepped a veto by Sunni Arab Vice-President Tareq al-Hashemi, lawmakers said.
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Smash Twilight sequel enters record books

The Twilight sequel scored the third-biggest opening weekend of all time at the North American box office on Sunday, as millions of young women swooned over the complex love triangle involving a high school girl, a vampire and a werewolf.
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Did U.S. make mistake in skipping vaccine additive?

As U.S. health officials struggle to vaccinate tens of millions of Americans against the pandemic of swine flu, some are looking regretfully at one easy way to instantly double or triple the number of doses available -- by using an immune booster called an adjuvant.
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Wall St opens higher after Bullard comments

U.S. stocks opened higher on Monday after comments by a Fed official reassured investors the government is committed to helping the economy recover from a deep recession.
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LA attorneys distance Polanski from French lawyer

A French attorney for Roman Polanski who said the film director would not return voluntarily to the United States to face child sex charges is not authorized to speak in the case, Polanski's U.S. attorneys said on Friday.
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Los Angeles gets tough on medical marijuana shops

Past the security man and his pit bull and through a haze of eye-watering smoke, two youths load up a pipe next to a row of shiny glass jars with two dozen varieties of marijuana bud displayed like candy.

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