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Google's Chinese foray depends on local know-how

Google Inc's inroads into China relies on it linking up with local partners, navigating draconian regulations and understanding Chinese tastes to make it in one of the world's fastest-growing and lucrative Internet markets.

Economic woes loom large for some media in 2008

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The media industry is on the brink of a second downturn in a decade, one that could accelerate the divisions between fast-growing targeted advertising and traditional formats aimed at mass audiences.

Mission for James Bond's Q: seek venture capital

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Now pay attention, 007! In the James Bond novels and films, it fell to technical expert Q to invent the gizmos and cunningly concealed weapons that helped the British spy cheat death and save the world.
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UK Government criticised for under selling Qinetiq

The British Government has come under yet more criticism today after the National Audit Office (NAO) said that it could have got the taxpayer “more money” from the partial sale of defence firm Qinetiq. Qinetiq was sold by the Ministry of Defence (MoD) to US based private equity group Carlyle in 2003 for £42 million.
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Wall St. lifted higher by retailers and banks

Stocks rebounded on Friday in an abbreviated session as the start of holiday shopping lifted retail stocks, while progress in a plan to relieve the credit market's strain aided bank shares. Shares of JPMorgan Chase, Bank of America and Citigroup all rose more than 2 percent. The three banks, spearheading an effort to establish a superfund to ease problems in the credit market, are expected to seek support from others in the industry.
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Black Friday kicks off

Eager shoppers stormed malls and stores across the country on Friday to snap up the early-bird specials that mark Black Friday, the first official day of the U.S. holiday shopping season. While shoppers were looking for giveaways and discounts, analysts and investors were watching for signs of consumer strength or weakness.
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Freddie credit loss may surpass historic high

Freddie Mac's credit losses may surpass its historic high, if the U.S. mortgage market deteriorates more than what is forecast by the No. 2 mortgage finance company, Moody's Investors Service said.
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Hollywood giants sue Chinese Internet site: report

Five Hollywood studios have sued a Chinese online service and internet cafe they accuse of offering pirated downloads of Pirates of the Caribbean and other hit films, state media reported on Thursday.
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Dollar hits new depths, stocks rise

The dollar plumbed record lows against major currencies on Friday and briefly got close to $1.50 to the euro as concerns about the U.S. economy rattled investors but Asian and European stocks advanced.
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Ordonez comments knock euro off record high

The euro set fresh record highs versus the dollar on Friday, but the $1.50 level proved out of reach for now as the euro was knocked more than a cent off its peak by comments from a euro zone policymaker.
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Oil firms on falling dollar

Oil edged back up above $97 a barrel in thin trade on Friday, buoyed by the unrelenting decline in the U.S. dollar, while some OPEC members showed signs of stepping up output ahead of their policy meeting in two weeks.
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Gold gains $6 on bargain hunting and Fed outlook

Gold gained more than $6 an ounce on Friday as bargain hunting intensified after the U.S. dollar tumbled to record lows against the euro on expectations the Federal Reserve will slash interest rates next month.
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S.Korea sees won's drop as natural: minister

The South Korean won's recent weakening against the U.S. dollar is seen as a natural phenomenon in line with globally-increased risk aversion, Vice Finance Minister Lim Young-rok said on Friday.
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Tsunami rumor panics Bangladesh cyclone survivors

Thousands of people made homeless by Bangladesh's deadliest cyclone in 16 years scrambled for cover after rumors spread that a tsunami was about to hit the devastated coastline, officials and reporters said on Friday.
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Bomb at Baghdad pet market kills 13

A bomb hidden in a box of birds killed 13 people and wounded 57 at a popular pet market in central Baghdad on Friday, police and witnesses said, describing the deadliest attack in the Iraqi capital in two months.
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Web deals woo shoppers from Thanksgiving table

The holiday shopping season kicked off on Thursday even before the turkey was carved, as retailers, worried that gift buying may slow this year, posted special deals on their Web sites on Thanksgiving day. Numerous retailers, including Wal-Mart Stores Inc, Best Buy Co Inc and Circuit City Stores Inc, are offering special deals online.
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Iran heeding transparency pledge: IAEA

The U.N. nuclear watchdog chief said on Thursday Iran was clarifying atomic development efforts on schedule, countering Western doubts, but Tehran must step up cooperation to resolve remaining questions this year.
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Saudi dangles prospect of going to Annapolis

Saudi Arabia has not ruled out the possibility of taking part in a Middle East peace conference with Israel next week, according to comments by Crown Prince Sultan carried by state television on Thursday.
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Thanksgiving getting costlier for families

The cost of Thanksgiving is soaring, according to investment bank Merrill Lynch & Co, which may help explain the gloom among U.S. consumers as they head into the holiday season.
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Court clears way for Musharraf's second term

Pakistan's Supreme Court, stacked with judges friendly to President Pervez Musharraf, on Thursday threw out a final challenge to his re-election and paved the way for him to quit as army chief.

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