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Call centers welcome but Philippines needs more jobs

At a spartan hall converted from a closed textile company east of Manila, hundreds of Filipinos milled around small corporate booths looking for work. The longest lines at the job fair were for call center or business process outsourcing firms.

India, South Africa, Mercosur to Pursue Trade Talks

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Countries such as India, South Africa and South American Mercosur nations will continue trade negotiations following the indefinite suspension of global trade talks through the World Trade Organization.

Fed Beige Book says some economic slowing seen

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The U.S. economy grew overall during June through mid-July but some regions reported slowing activity, and there were scattered reports of rising prices, the Federal Reserve said on Wednesday.
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African Reaction to WTO Collapse Mixed

The collapse of yesterday's WTO trade talks in Geneva has resulted in mixed feelings for Africa as it faces an uncertain future of high tariffs, officials said on Tuesday.
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Nissan Posts Higher Profits, Maintains Outlook

Nissan, the world's fourth largest carmaker, released its first quarter earnings for 2006 on Monday, announcing a slight increase in net profit despite a reduction in operating margin.
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AT&T Nearly Doubles Profit, Beats Estimates

AT&T Inc., the largest U.S. telephone-service provider, released its second quarter earnings report for 2006 on Tuesday, highlighting stronger revenue growth due to increased contributions from Cingular wireless and its wire line operations.
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Nikkei ends above 15,000 as techs push higher

The Nikkei average rose 1.42 percent on Tuesday to end above 15,000 for the first time in more than a week as Tokyo Electron Ltd. and Toshiba Corp. climbed after strong quarterly results from U.S. chip firms boosted expectations of higher earnings at home.
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FTSE soars as oil dips, Vodafone up

UK stocks closed at their highest level in nearly two weeks on Monday as numbers from Vodafone boosted investor confidence at the start of a busy earnings week and concerns over the conflict in Lebanon eased slightly.
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California ISO Declares Power Emergency Restriction

On Monday, the California power grid operator, Independent System Operator (ISO), declared a stage 1 emergency, urging all consumers to reduce their electricity usage voluntary, following a heatwave which has swept over the state over the past few days.
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USG Earnings Up 60 Pct.

USG, a leading building products company, announced an increase in earnings for the second quarter due to record shipments of its wallboard.
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World trade talks collapse

Global free trade talks, billed as a once in a generation chance to boost growth and ease poverty, collapsed on Monday after nearly five years of haggling and resuming them could take years.
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Schering-Plough profit eclipses expectations

Schering-Plough Corp. on Monday reported quarterly earnings far higher than Wall Street expected, fueled by growing demand for its drugs against cholesterol, arthritis, allergies and hepatitis C.
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An Urgent Time for Global Trade

After five years and very little to show for it, global trade talks meant to reduce poverty worldwide are at a crucial point.
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Bernanke's fluid inflation tone bemuses Wall St.

For a self-proclaimed advocate of inflation-targeting, Federal Reserve Chairman Ben Bernanke seemed remarkably unperturbed this week by recent signs that price increases in the economy are accelerating.
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PartyGaming plans expansion drive

PartyGaming plans to expand aggressively outside the United States, but sees no risk of being dragged into the U.S. indictment of a rival for racketeering, the world's biggest online gaming firm said.
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FTSE gains evaporate by close but Capita higher

Britain's FTSE 100 index closed easier on Thursday, giving up an early advance as buyers paused after Wednesday's steep gains on easing interest rate tensions. However, support services company Capita stood out with a 9.3 percent rise after it posted a forecast-beating 24 percent jump in interim profits.
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New jobless claims fall on fewer auto layoffs

The number of people filing initial claims for U.S. employment benefits last week fell 30,000 to its lowest level in a month because of fewer claims from the automobile industry, the government said on Thursday.
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Yahoo, Motorola to feature Web services on phones

Yahoo Inc., the world's largest Internet media company, and Motorola Inc., the second-biggest maker of mobile phones, said late on Wednesday that Motorola will embed Yahoo services on tens of millions of phones.

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