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Lab in spotlight over British foot and mouth

A U.S.-French pharmaceutical company was at the heart of an investigation by British authorities on Sunday to try to find the source of an outbreak of highly infectious foot and mouth disease.

India's Hindu nationalists slam U.S. nuclear deal

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India's opposition Hindu nationalists rejected a landmark nuclear cooperation agreement between New Delhi and Washington on Saturday, saying it was an assault on the country's nuclear sovereignty.
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Nikkei down as exporters, banks slip, Toyota gains

Japan's Nikkei average fell 0.87 percent on Monday as exporters such as Canon Inc. lost ground on a tumble on Wall Street and a stronger yen, while bank shares slid again on subprime lending worries and much weaker first-quarter earnings than expected.
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Doom creator unveils its new video game, Rage

The creator of classic computer game Doom, id Software, unveiled on Friday its eagerly anticipated next game, Rage, in which players fight an oppressive government in a post-apocalyptic world.
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Freddie CEO wary of more subprime loans: NYT

The head of Freddie Mac, one of the biggest U.S. mortgage finance companies, dismissed suggestions that his company should step in to bolster sagging financial markets by buying distressed loans, the New York Times reported on Saturday.
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Court will wait to rule on CBOT rights

A Delaware court will wait for a U.S. regulatory review to be completed before it decides what economic rights Chicago Board of Trade exercise right holders have in the Chicago Board Options Exchange, the parties involved in the case said on Saturday.
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Barclays' ABN offer period set

Barclays' offer period for Dutch bank ABN AMRO will run until October 4 and the British bank's bid will be declared unconditional if at least 80 percent of ABN shares have been tendered, a filing showed.
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U.S. House shifts $16 bln toward renewable energy

The U.S. House of Representatives on Saturday passed a Democratic rewrite of U.S. energy policy that strips $16 billion in tax incentives away from Big Oil and puts it toward renewable energy sources like wind and solar power.
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Fewer trips to Starbucks

Is this the start of the latte recession? The company implies that customers may be cutting back on that extra Frappucino.
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China, India leading world's economic growth: IMF

India and China are the new drivers of global economic growth, replacing the United States and other developed countries, according to Rodrigo Rato, managing director of the International Monetary Fund.
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U.S. looks to product safety agreements with China

The United States is working on deals with China to bolster safety controls on Chinese-made foods and medical products, the U.S. said on Friday as international consumer alarm continued to pummel Beijing.
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Web networking boom blasts into the workplace

After years of socializing, Facebook and MySpace mean business. The sites, which started as a way to help people stay connected with friends, in the past year have begun catering to professionals, offering networking and advertising opportunities.
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Environment vs growth debate heats up in China

The swift demise of China's green GDP figures highlights a growing policy conflict between advocates of environmental protection and officials long used to pursuing economic growth at all costs.
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American Home Mortgage to close Friday

American Home Mortgage Investment Corp. plans to close most operations on Friday and said nearly 7,000 employees will lose their jobs as the lender becomes one of the biggest casualties of the U.S. housing downturn.
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Dell now 'Made in India'

Dell Inc., the world’s second largest personal computer maker, has rolled out its first desktop computer from its new plant at Sriperumbudur near Chennai this week, thereby making India the third country in Asia Pacific, after China and Malaysia, to manufacture its range of desktop computers and notebooks outside of the US.
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Dollar steady ahead of payrolls; credit still key

The dollar steadied against other major currencies on Friday, hugging tight ranges as investors shifted their focus to upcoming U.S. employment data from the credit and stock market volatility of recent weeks.
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Oil near record high

Oil hovered near $77 a barrel on Friday, near this week's all-time high, as continued output restraint by OPEC raised concern over tighter fuel supplies this winter.
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BA profit rise beats forecasts

British Airways beat forecasts with a 28 percent rise in quarterly operating profit on Friday but warned that a weak dollar and soaring fuel prices would slow full-year revenue growth and raise costs.

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