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Lenovo Q2 Profit up 88%, Beats Forecast

Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.
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World Stocks and Euro Rise as Markets Look to Fed, G20

World stocks and the euro edged up on Wednesday after a rollercoaster week, as investors hoped for comfort on the weak U.S. economy and troubled euro zone from meetings of the U.S. Federal Reserve and Group of Twenty leaders.
U.S. Senate

Harkin, DeFazio to Propose Transaction Tax

U.S. Senator Tom Harkin, D-Iowa, and U.S. Rep. Peter DeFazio, D-Ore., will introduce bills on Wednesday to impose a .03 percent transaction tax on trades of stocks and bonds
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Banks Sink on Greek Vote Bombshell

French banks and lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.
Greece's PM Papandreou

Greece Risks Meltdown After Bailout Vote Bombshell

The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.
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French Bank Shares Fall on Greece Referendum News

French banks and other lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.
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German Leaders Angry at Greece Referendum

Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis.
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Has Greek Prime Minister Papandreou Lost His Mind?

Has Greek Prime Minister George Papandreou lost his mind, with a shocking decision to call a referendum on Greece's bailout offer from European nations hoping to avert a global financial meltdown spurred by Greece default?
Greek Prime minister Papandreou delivers a speech to Panhellenic Socialist Movement parliamentary group in Athens

Greek Referendum Call Ignites German Anger

Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis.
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UNESCO Admits Palestine, and U.S. Freezes Funds

The United States announced to stop financial contribution to United Nations Educational, Scientific and Cultural Organisation after the UN body voted to admit Palestine as its full member, which the Obama administration termed as regrettable and premature.

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