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iPhone to attract 10 pct of 3G users by 2012, Unicom says

Apple's wireless carrier in China on Friday expressed its high expectations for the iPhone despite the relatively low sales since its debut, hoping the handset to attract 10 percent of China's 3G users in the in the next three years.

Hershey mulls $17 bln solo bid for Cadbury - source

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U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.

Hershey mulls $17 billion solo bid for Cadbury: source

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U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
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Black Friday deals may not signal retail comeback

When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
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U.S. Q3 seen revised down on widening trade deficit

The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.
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Stocks dip as investors fret about recovery

U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic.
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U.S. layoffs fall in October

The number of mass layoffs reported by U.S. employers fell last month from September, a government report showed on Friday, suggesting job losses were close to bottoming.
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U.S. lawmakers urged to drop clearinghouse owner cap

NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed rigid cap on dealer ownership of clearinghouses, according to a letter sent this week.
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Oprah Winfrey says ending TV show feels right

Oprah Winfrey said on Friday that she will end her popular TV show in 2011 because it feels right in her bones after 25 years, and urged viewers not to believe rumors of why she's quitting.
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Polanski will not agree to extradition: lawyer

Roman Polanski will not agree voluntarily to being extradited to the United States over a 1970s child sex case, the film director's lawyer said in an interview with French daily Le Figaro published on Friday.
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Stocks dip as investors weigh recovery bets

U.S. stocks fell for third straight day on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic.
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Healthy worker programs survive economic crisis

Keeping workers healthy, happy and at work through so-called wellness programs remains a priority for many companies despite financial pressures from the global economic downturn, a survey found on Monday.
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Ex-Vivendi CEO Messier testifies: Losses not fraud

Former Vivendi CEO Jean-Marie Messier told a U.S. jury he never, never, never committed fraud as he took the stand on Friday in a civil trial pitting international shareholders against the French conglomerate and former top executives.
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Powers urge Iran to reconsider nuclear offer

Senior officials from six world powers said on Friday they were disappointed Iran had not accepted proposals intended to delay its potential to make nuclear bombs, and urged Tehran to reconsider.
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Ford to invest $2.3 bln to boost Brazil output

Ford Motor Co plans to invest 4 billion reais ($2.26 billion) in Brazil to boost output as record-low borrowing costs and a recovery in Latin America's largest economy stoke demand for new cars, Mark Fields, the company's president for the Americas, said on Friday.
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Pelosi calls Afghan Karzai unworthy partner

Afghan President Hamid Karzai is an unworthy partner who does not deserve a big boost either in U.S. troops or civilian aid, U.S. House of Representatives Speaker Nancy Pelosi said.
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Existing home sales seen at highest since July 2007

Sales of existing U.S. homes likely rose for second consecutive month in October, reaching their highest level 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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Cautious optimism as job losses slow

The pace of job losses slowed in many U.S. states in October, and the unemployment rate slipped in hard-hit Michigan, the Labor Department said on Friday, hinting the recession may be easing in some areas.
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J.M. Smucker brews Q2 beat with Folgers coffee

J.M. Smucker Co , best known for its peanut butter and jelly, posted higher-than-expected quarterly results, driven by strong margins at its Folgers coffee business, and raised its full-year profit view, sending its shares to a new 52-week high.

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