UNITED STATES

Ethiopian Airlines Wins Award

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Ethiopian Airlines won the African Airline of the Year 2006 Award. US deputy assistant secretary for aviation and international affairs in the department of transport,

Canadian investor to avoid Telstra offer

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Canadian institutional investor Erik Sardain is looking for an exciting investment opportunity in Australia over the next few months, and at the moment it doesn't look like the $8 billion Telstra share offer quite fits the bill.
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US existing home sales slip in August

Sales of US existing homes in the last month likely fell to the lowest level in more than two years, according to a Reuters poll and National Association of Realtors data.
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Coles plan may have scared off predators

Coles Myer's bold five year strategy that includes job cuts, brand integration, supply chain upgrades and hypermarkets may have scared off any potential predators, retail analysts said.
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AT&T Creates 2,000 New Jobs

AT&T said on Thursday it will be adding 2,000 of its previously outsourced technical support jobs to its payroll.
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Big Plane Could Leave Airbus a Smaller Player

Building a much bigger plane was always a gamble for Airbus, but fresh delays are raising the stakes and could leave the planemaker a far smaller player in the global aerospace industry.
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What if the U.S. sneezed and nobody noticed?

The old cliche that when America sneezes the rest of the world catches cold is about to be tested and this time it may be just the U.S. economy that ends up with the major aches and pains.
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FTSE 100 falls on U.S. growth worries

The FTSE 100 fell on Friday, with Wall Street seen extending losses after a Philadelphia Federal Reserve survey sparked concerns over U.S. growth and corporate profitability
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Nike profit beats Street, shares up 6 pct

Nike Inc., the world's No. 1 sport shoe and apparel maker, on Thursday posted quarterly earnings above Wall Street targets, boosting its shares nearly 6 percent and easing some fears that pricey styles bearing its signature swoosh were losing their luster.
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Volkswagen, union talks set to resume

Volkswagen and its German workers union are set to resume critical talks over planned wage cuts on Friday, overshadowed by a threat from its influential works council chief to break off the talks if no immediate progress is made.
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U.S., China Differ on Timing, Not Goals: Paulson

The United States and China differ on how quickly they can resolve their economic disagreements, but not on the general goals, U.S. Treasury Secretary Henry Paulson said on Friday after meeting China's top two leaders.
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Branson promises $3 bln to fight global warming

Billionaire Richard Branson on Thursday committed to spending all the profits from his airline and rail businesses an estimated $3 billion (1.6 billion pounds) over the next 10 years on combating global warming.
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Shell and BP royalties deal close

The United States will not seek $1.3 billion (683 million pounds) in back oil royalties on some Gulf of Mexico drilling leases but is negotiating a deal with BP and Shell to make payments on those offshore tracts in the future
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Stocks Fall on Economy Concern, Drugstores Off

U.S. stocks slid on Thursday after a report said factory activity contracted in the U.S. Mid-Atlantic region in September for the first time in over three years, prompting worries about a slowdown in the U.S. economy and corporate profits.
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Boeing Takes More Than $4B in Jet Orders

Boeing Co. announced new orders for 47 planes from unidentified buyers on Thursday, worth more than $4 billion overall, including 16 for its new carbon and titanium 787 Dreamliner.

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