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Audi to launch plug-in hybrid cars in 2014

Audi to launch plug-in hybrid cars in 2014
German luxury carmaker Audi AG has set plans to venture into electric car business. The company plans to become the leading premium seller of electric vehicles by 2020.
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A man walks past newspaper headlines posted on a news stand on O'Connell street, Dublin, November 19, 2010. A financial aid plan to help Ireland cope with its battered banks will be unveiled next week, EU sources said on Friday, but experts warned a rescu

EU/IMF bailout for Ireland doesn't seem to be working

The massive EU and IMF bailout for Ireland doesn't seem to be working as the euro currency, European stocks, and Irish stocks gave back early gains and closed with losses. Irish bonds are still up for the day, but not by much.
Ford

Despite the hype surrounding GM, Ford is the better buy: Analyst

Despite the hugely successful initial public offering General Motors (NYSE: GM) underwent last week, the company still has numerous questions surrounding it, particularly its huge pension liabilities. As such, David Silver, an equity research analyst at Wall Street Strategies in New York, believes that Ford Motor Co. (NYSE: F) is the better auto company and more attractive stock right now.
Daily wage workers wait for employment on a street side at an industrial area in Mumbai

Unemployment the greatest economic challenge: WTO chief

The most serious [economic] challenge today is that of unemployment, said Pascal Lamy, the director-general of the WTO. Lamy urges countries to expand global trade, instead of clamping down on it, to create more jobs for everyone.
Traders work on the floor of the New York Stock Exchange

Stocks finish wild week with a modest gain

U.S. stocks finish a volatile week with modest gains on Friday, finishing flat for the week as a whole. In the absence of major economic data in the U.S., investors focused on moves by China to rein in their inflation, while Ireland continues to negotiate a bailout arrangement from the European Union and International Monetary Fund (IMF).
IMF Managing Director Dominique Strauss-Kahn

IMF chief lists Europe's economic problems

As early as the 1980s, fault lines began to appear in Europe's economy and the global financial crisis tore them wide open. Now, Europe perhaps faces its greatest economic challenges since WWII.
German 'flight bomb' scare, a security test : minister

German 'flight bomb' scare a security test: minister

A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
German 'flight bomb' scare, a security test : minister

German 'flight bomb' scare, a security test: minister

A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
Al Qaeda demands negotiations with Osama in return for French hostages

Al-Qaeda demands talks with Osama in return for French hostages

France is verifying the authenticity of a broadcast message by an al-Qaeda off-shoot demanding troop withdrawal from Afghanistan in return for the safety of their nationals kidnapped in Niger. Al-Qaeda in the Islamic Maghreb (AQIM) also suggested direct negotiations with al-Qaeda chief Osama bin Laden over hostages' issue. Five French nationals along with two Africans, all employees of French firms Areva and Vinci operating in the mining town of Arlit in Niger were kidnapped on September 16.
 China's Premier Wen Jiabao's aircraft departing Shannon Airport

Could China be the 'prince charming' for Ireland?

As comments from Dublin and Brussels strongly hint at the possibility of Ireland formally seeking international financial support sooner or later, analysts are mulling the chances of a possible bailout of the stricken Celtic Tiger by the robust Chinese Dragon.
'Suspect bomb' found on German Flight

'Suspect bomb' found on German flight

A suspect package believed to be containing components of a bomb was reportedly found at the Namibian Capital of Windhoek on Thursday. A suitcase checked on to a plane en-route to Munich Germany was intercepted during the loading of an Air Berlin flight. Initial reports from the Germany's Federal Crime Office suggest that the X-ray device revealed batteries that were attached with wires to a detonator and a ticking clock.
According to the study from Motorola Mobility, 75 percent of the respondents either own or plan to own an HD television in the next 18 months.

Study: Paid, HD-TV Are The Norms

A global study from Motorola says more people prefer paid TV content rather than free-to-air, despite the latter being more available.
Roche

Roche to slash 4,800 jobs amid healthcare cost pressures

Swiss pharma giant Roche said it plans to cut 4,800 jobs worldwide over the next two years due to mounting cost pressures in healthcare -particularly in the US and Europe - and increasing hurdles for the approval and pricing of new medicines.
Turkish Airlines

Turkish Airlines plans expansion in India

Turkish Airlines is mulling over starting flights from destinations in South India, Levent Bilman, Turkish Ambassador to India, told ENS, adding that this would connect Indian travelers to 93 places across Europe.

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