UNITED STATES

Darfur meeting pushes for wider rebel presence

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Sudanese government officials and Darfur rebels will meet privately on Monday to discuss an agenda for peace talks but delegates said little real progress was expected in the absence of key rebel leaders.
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World's bravest orchestra plays on in Iraq

When the Iraqi National Symphony Orchestra (INSO) holds a concert in Baghdad, organizers don't like to advertise: in fact they would prefer as few people as possible know about it.
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Stocks, oil hit new peaks

Asian stocks rose to a fresh life high on Monday as investors bet there will be a U.S. interest rate cut this week, which sent the dollar to a record low against the euro and a basket of major currencies.
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Microsoft and Countrywide drive stock rally

Stocks rallied on Friday after Microsoft's upbeat outlook boosted the three major indexes and a profit forecast from lender Countrywide Financial buoyed the struggling financial sector. Stocks extended their gains as the weekend approached, in a sign investors are expecting the Federal Reserve to cut interest rates when it meets next week, analysts said.
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Chinese Yuan breaks 7.50 vs US dollar

China's central bank said yesterday that it is necessary to appropriately increase the regulation and control of its monetary policy, improve the formation mechanism of RMB exchange rate, and promote the RMB capital account to be convertible stably.
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Vonage stock bounces back on Verizon settlement

Shares in Vonage Holdings Corp jumped 42 percent on Friday after it settled a patent dispute with Verizon Communications Inc, raising hopes the Internet-based calling company was emerging from legal troubles.
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Dollar tumbles to record lows as Fed looms

The dollar fell to fresh lifetime lows versus the euro and a basket of currencies on Friday as investors fretted an anticipated Federal Reserve interest rate cut next week would not be the last.
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October consumer sentiment hurt by housing

Consumer sentiment fell further than expected in late October to its lowest in more than a year as concerns about the housing slump darkened the economic outlook, a survey released on Friday showed.
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Daiichi Sankyo hikes H1 outlook, nudges up full-yr

Daiichi Sankyo Co Ltd said its first-half net profit would beat its initial estimate by 36 percent aided by strong drug sales overseas, but it only nudged its annual outlook higher as it will likely spend more to buy rights to new drug candidates.
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Nissan surprises with Q2 rise, Renault shares gain

Nissan Motor Co posted a surprise gain of 12 percent in quarterly operating profit on Friday as a pickup in its global car sales outweighed rising commodity prices, and it kept its full-year forecasts unchanged.
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Gold scales 28-year peak

Gold climbed to a 28-year peak on Friday and platinum traded just below an all-time high, as a record low dollar and lifetime-high oil spurred buying.
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Market jumps on Countrywide, Microsoft

Stocks jumped on Friday, driving the Nasdaq up 2 percent briefly and S&P 500 up 1 percent, after lender Countrywide Financial Corp. said it expects to return to profitability this quarter, easing some fears about financial sector losses.
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Microsoft sees progress in getting Windows on XO

Microsoft Corp has made progress in getting its Windows software to work on a low-cost laptop computer for poor children that currently runs on rival Linux software, an executive said on Thursday.
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Activision poised to score with new guitar game

Activision Inc is set to launch Guitar Hero 3 amid expectations that the latest installment of its music-themed franchise will be a platinum hit for the second-biggest U.S. video game publisher.
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Countrywide posts $1.2 billion loss

Countrywide Financial Corp posted a $1.2 billion third-quarter loss on Friday as the housing market slumped, but its shares soared after the largest U.S. mortgage lender projected a return to profit this quarter as it slashes jobs and regains its footing. Shares of Countrywide rose $2.87, or 22 percent, to $15.94 in pre-market trading. Stock futures also moved higher.
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Dollar hits fresh lows as rate cuts in view

The dollar fell to fresh record lows against the euro and a basket of currencies on Friday as investors, faced with a run of weak U.S. economic data, anticipated a Federal Reserve interest rate cut next week.
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Fed fever lifts global stocks

Investors bet on Friday on a U.S. interest rate cut to spur slowing economic growth, lifting most world stock markets and dragging the dollar to record lows, but the price of oil hit an all-time high, adding more strains.

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