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Bush to speak about freedom concerns in Myanmar in his speech to the U.N., urge sanctions

The cries of tens of thousands of people led by Buddhist monks, who are staging anti-junta protest rallies in Myanmar at the risk of a government crackdown, has reached the ears of the US President George W. Bush, who is expected to take up the issue in his speech Tuesday to the General Assembly and urge the U.N. to uphold its pledge to fight for freedom and impose new sanctions against the repressive military regime in Myanmar.

U.S. investors look overseas for portfolio boost

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American investors may soon earn more of their retirement savings in faraway places as nearly half of all U.S. fund managers predict new geographic markets will be their biggest sources of income, a new survey shows.

GM-UAW talks continue as strike enters second day

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Negotiators for the United Auto Workers union and General Motors Corp have resumed bargaining on Tuesday while more than 73,000 factory workers participated in the second day of the first national strike against the automaker in more than 30 years.
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EchoStar mulls asset spinoff, buys Sling Media

Satellite television operator EchoStar Communications Corp said it may spin off its technology assets and announced plans to buy Sling Media, the maker of a device that relays TV programs to laptops and cell phones.
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Asian markets mixed

Japanese markets mostly failed to react to the appointment of Yasuo Fukuda as leader of the Liberal Democratic Party on Sunday. The appointment opens the way for Fukuda to take over the reins of departing Prime Minister Shinzo Abe.
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Copper Jumps on Weak Dollar

Copper closed at the highest in almost eight weeks as a slumping dollar made the metal cheaper for buyers using other currencies.
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Microsoft readies Halo 3 for launch

Video game aficionados lined up before dawn on Monday for the midnight release of Halo 3, the acclaimed alien shooter game that Microsoft Corp hopes will widen its lead over Sony Corp in the battle for industry dominance.
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Credit crunch unlikely to let up soon, IMF warns

Turmoil in global credit and money markets will likely continue as investors worry about the size of financial losses and where they might arise, the International Monetary Fund said on Monday.
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Google eyes Canada rollout of discreet Street View

Google Inc is considering a Canadian launch of its Street View map feature, which offers street-level close-ups of city centers, but would blur people's faces and vehicle license plates to respect tougher Canadian privacy laws, the Web search firm said on Monday.
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Iranian leader to visit Bolivia, sign energy deals

Iranian President Mahmoud Ahmadinejad is set to visit Bolivia on Thursday, the first time an Iranian leader has visited the impoverished South American country, to solidify diplomatic ties and sign aid agreements.
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UAW strikes GM as talks fail to produce a deal

More than 73,000 General Motors Corp workers walked off the job on Monday after marathon contract talks between the United Auto Workers union and GM stalled and the union called the first national strike since 1970 against the top U.S. automaker.
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Stocks Retreat after Previous Week's Gains

Stocks shifted on Monday with gains in the technology sector unable to sustain a broader declining market, which began to rally last week amid the Fed's bold rate cut.
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Financials weigh on stocks

Stocks slipped on Monday as concern about the impact of the housing slump and credit squeeze hurt shares of financial companies.
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Deutsche Bank debt hit may be $2.4 bln

Deutsche Bank's profit could be hit by up to 1.7 billion euros ($2.4 billion) due to loans that have dwindled in value as a result of the credit market crisis, sources familiar with the situation said.
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Crude Oil Retreats Towards $81

Crude oil fell for a second day towards $81 a barrel, retreating from record highs hit last week as producers in the Gulf of Mexico returned workers to oil rigs evacuated last week.
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House bill would let courts alter mortgages

Bankruptcy courts would be allowed to alter mortgages written by predatory lenders in moves that could save 600,000 Americans from foreclosure, according to the author of a bill introduced in the U.S. Representatives on Friday.
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Investor confidence at 13-month low

Investors' confidence in the U.S. economy fell in September for a fourth straight month to its lowest level in 13 months on continued concerns about the housing market and elevated energy costs, a survey showed on Monday.
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Revenue Science offers behavioral ads in Japan

Privately held Revenue Science will offer behaviorally targeted advertising services on Internet-browsing cell phones in Japan, entering a new field for sending commercials based on a consumer's Web habits.
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News Corp's Fox to launch free MySpace mobile

News Corp's Fox Interactive Media said on Monday it plans to launch advertising-supported versions of its popular Internet social network MySpace and other properties for free on cell phones.
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Japan's Fukuda picks allies amid calls for election

Japan's prime minister-to-be, Yasuo Fukuda, named his party lieutenants on Monday as he braced for a showdown with a combative opposition amid calls for early elections after a disastrous year for the ruling coalition.
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UAW strikes GM as talks fail to produce deal

General Motors Corp workers at plants in Michigan, Ohio and Kansas began walking off the job and organizing pickets as a national strike against the automaker began on Monday.
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Sanoma unit gets early Web access to Disney shows

Walt Disney's international television arm said on Monday it would let viewers of Finnish commercial broadcaster Nelonen pay to watch hit shows on the Internet four days after their U.S. release.

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