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FTSE 100 Climbs On Strong Results, Oil Caps Gains

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Britain's FTSE 100 pushed ahead on Thursday, buoyed by strong results and bullish earnings forecasts, but gains were capped by continued weakness in crude prices, hitting oil heavyweights and utilities.

NXT Plc Preliminary Results

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NXT Plc, provider of sound solutions, today announced it’s Preliminary Results for the year ended 30th June 2006.
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Wall Street Seen Firm After Fed's Dovish Words

U.S. shares looked set to open higher on Thursday, extending Wednesday's gains after relatively dovish comments from Federal Reserve policy makers, but worries about the extent of the U.S. slowdown may cap equity buying.
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Emerging market crisis? That was then, this is now

Almost a decade after being battered by the Asian financial crisis, emerging market investors are getting a worrying reminder about political risk from the streets of Budapest to the barracks of Bangkok.
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BP to Invest $3 Billion in Whiting Refinery

BP today announced that it had entered the final planning stage of a $3 billion investment in Canadian heavy crude oil processing at its Whiting Refinery in northwest Indiana.
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U.S. urges Thai coup leaders to restore democracy

Thailand's military coup leaders faced international calls for a swift return to democracy on Wednesday, after vowing to choose a new prime minister within two weeks to replace ousted Thaksin Shinawatra.
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Lockheed Fears Budget Setback for F-35 Jet

Lockheed Martin Corp.'s $276.5 billion F-35 Joint Strike Fighter program, the costliest U.S. arms acquisition project, may be set back by moves in Congress to slow initial production, a top company official said on Wednesday.
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UAE Adopts Live Animal Transport Safety Rules

The International Air Transport Association (IATA) announced on Tuesday that the United Arab Emirates agreed to adopt IATA Live Animals Regulations (LAR) for transporting live animals to and from the country.
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Morgan Stanley Earnings Soar

Morgan Stanley on Wednesday said quarterly earnings rose on strong trading and merger activity, as the largest U.S. investment bank continued its turnaround from a tumultuous 2005.
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Microsoft: Xbox HD DVD player Japan launch in Nov

Microsoft Corp. said on Wednesday it would launch an HD DVD player for its Xbox 360 game console on November 22 in Japan for 20,790 yen ($177), matching rival Sony Corp.'s PlayStation 3 in high-definition DVD functions.
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Record rise in mortgage lending

Underlying net mortgage lending rose by a record amount in August, British Bankers' Association data showed on Wednesday, in another sign the Bank of England's surprise rate hike last month has not deterred house buyers.
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IMF and World Bank to pursue internal reforms

As the International Monetary Fund embarks on a second round of reforms to give developing countries more say in the institution, the World Bank signalled on Wednesday that it was ready to go the same route.
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Boeing wins border security contract: report

Defense giant Boeing Co. has won a $2.1 billion contract to help the Department of Homeland Security beef up security along more than 7,500 miles of U.S. borders with Mexico and Canada, The Washington Post reported.
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IMF to pursue internal reforms, World Bank to follow

An agreement to boost the voting power of emerging nations in the International Monetary Fund is just the start of a difficult process, the IMF's head said on Wednesday, as the World Bank signaled it was ready to go the same route.
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Trade Reps Support D.C. to Beijing Direct Flight

Former US trade representatives have urged the Department of Transportation to accept United Airlines' proposal to connect Washington D.C. and Beijing through direct commercial flights for the first time.
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Daewoo Electronics play hard to get, Videocon edgy

India's leading consumer goods manufacturer, Videocon, is within an arm's length to acquiring South Korea's third largest electronics company, Daewoo Electronics, but certain riders attached by the ailing company relating to its takeover may persuade the Indian company to give it a second thought.

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