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India PM heads to U.S. in test of ties with Obama

India's prime minister and U.S. President Barack Obama meet next week to strengthen ties, with the emerging Asian power increasingly playing a bigger role on global issues such as climate change and trade.

Obama ready to help a non-nuclear North Korea

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U.S. President Barack Obama said he was willing to help North Korea repair its economy and end decades of international isolation if Pyongyang stopped a cycle of threats and finally moved toward nuclear disarmament.

Regulation, suspicion slow U.S. flu response: hearin

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Vaccine makers praised the U.S. response to the swine flupandemic on Wednesday but said regulatory delays and public suspicion have held up innovative ways to speed and stretch the U.S. influenza vaccine supply.
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Teen idol Zac Efron stars in Orson Welles tale

U.S. actor Zac Efron takes another step away from the world of high school musicals that made him famous with a part in Me and Orson Welles, which also features British newcomer Christian McKay in the title role.
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Oscars pick director, unveil documentary shortlist

Oscar organizers joined the MTV generation on Wednesday, naming Hamish Hamilton as director of March's movie awards ceremony, and they also unveiled their shortlist of films vying for a best documentary nomination.
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Mouse study points to treatment for Down syndrome

Increasing the levels of a message-carrying chemical in the brain may help prevent some of the memory deficits in Down syndrome that hinder learning and make it hard for the brain to develop normally, U.S. researchers said on Wednesday.
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U.S. official says mammograms policy unchanged

U.S. health officials distanced themselves Wednesday from controversial new breast cancer screening guidelines that recommend against routine mammograms for healthy women in their 40s and said federal policy on screening mammograms had not changed.
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Reid unveils broad Senate healthcare plan

U.S. Senate Democratic leader Harry Reid released a long-awaited healthcare reform plan on Wednesday that budget analysts said would extend coverage to tens of millions of the uninsured and reduce the deficit over 10 years.
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U.S. jobless claims steady last week

The number of U.S. workers filing new applications for jobless insurance was unchanged last week, but the four-week moving average of claims dropped to its lowest in almost a year, according to government data on Thursday that showed the labor market slowly healing.
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Vivendi eyes NBC Universal exit: CFO

Vivendi could exit from U.S. media group NBCU Universal as it has no intention to be part of the future joint venture being discussed by Comcast and General Electric, its chief financial officer said on Thursday.
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Commodities, banks drag FTSE down, Reckitt up

Britain's top share index was down 0.6 percent mid-session on Thursday, dragged lower by heavyweight commodity and banking stocks, which offset gains made by defensive stocks as risk appetite waned.
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Asia helps feeble West in global recovery: OECD

Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialized countries, the OECD said on Thursday.
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OECD sees Fed, ECB rates on hold into late 2010

The world's key central banks will not need to start raising policy interest rates until late 2010 due to low inflation and economic slack, and can then proceed gradually, the OECD said in a report published on Thursday.
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Daily Report: Yen Rises on Risk Aversion, Dollar Lags Behind

The Japanese yen rises broadly in Asia today on risk aversion as Japanese Nikkei led Asian stocks lower in general. Nikkei dropped another -1.32% today to close at 9549 and is now farther away from previously mentioned head and shoulder top neckline.
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Dollar, yen gain as investors trim risk exposure

The dollar and the yen rose on Thursday as equity and commodity markets fell, encouraging investors to pare back exposure to risk and buy back the two low-yielders against perceived riskier currencies.
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Australian economy lures offshore prop. investors

Australia's resurgent economy has lured a string of offshore commercial property investors to its shores, many betting the rebound will underpin market competitiveness in the face of a soaring local currency.
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Stock futures signal losses; eyes on techs

U.S. stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.61 percent, Dow Jones futures down 0.51 percent and Nasdaq 100 futures down 0.44 percent at 1030 GMT (5:30 a.m. EST).
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Sony aims for 5 percent profit margin in 3 years

Sony Corp aims to earn a 5 percent operating profit margin in three years by turning its struggling LCD TV and game operations profitable next year and launching 3D TVs and lithium-ion batteries for electric vehicles.
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Blackstone's Pinnacle to buy Birds Eye: report

Blackstone Group's Pinnacle Brands Corp is likely to buy U.S. frozen vegetable company Birds Eye Foods for more than $1.3 billion, the Wall Street Journal said, citing people familiar with the matter.
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China military says website had 230 million attacks

A website set up by China's Ministry of Defence this summer was hit by more than 230 million hacker attacks in its first month of operation, but none of the attacks were successful, state media reported on Thursday.

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