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Europe Poses Global Recession Threat: IMF

A sculpture showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt
Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.
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Sony to Shift Lithium-Ion Battery Assembly Abroad: Report

Japan's Sony Corp. will transfer domestic construction of lithium-ion batteries used in products such as mobile phones and electric cars overseas by March 2014, as it works to overcome the strong yen, the Asahi newspaper reported on Saturday.
'Resident Evil 6' Release Date: More 'Call Of Duty,' Less Survival Horror Says Capcom

Resident Evil 6: Storyline, Trailers, Everything Else You Need To Know

Keeping true to the horror genre, Resident Evil just keeps coming back: Capcom has released a new trailer for Resident Evil 6, which featured classic characters Leon Kennedy and Chris Redfield. The game is scheduled for release on November 20, 2012 and will be available for the Xbox 360 and PS3. The storyline takes place 10 years after the original Resident Evil, which was released in 1996 for the original PlayStation.
A tourist walks in front of the Parthenon temple at the Acropolis in Athens

Eurozone Stocks Fizzle, Greek Default Fears Cited

A rally for European stocks and the euro ran out of steam on Friday, with markets focused on debt talks between Greece and its private creditors that may prove the trigger for the next leg of the euro zone's debt crisis.
General Electric

General Electric Earnings Report Expected to Show More Growth in 4Q

General Electric, the U.S.'s largest industrial manufacturer, is expected to report a 22.3 percent fourth-quarter profit increase when it announces its earnings Friday, driven by strong equipment order and pricing trends and growth in the aviation and energy infrastructure sectors. It marks the seventh straight quarter of operating earnings growth.
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Macho urinal game makes a splash in Japan

Three years ago the Toylet was just a pipe-dream for developers at Japanese video game maker Sega, but now the urinal video game has been rolled out at pubs across the nation.
A man walks past an electronic board displaying Japan's Nikkei share average outside a brokerage in Tokyo

Japan's Nikkei Climbs to Five-Week High

Japan's Nikkei average hit a five-week closing high on Thursday, soaring past its 75-day moving average as the euro climbed on news that the International Monetary Fund is seeking to bolster its funds to stem the euro zone sovereign debt crisis.
China Stocks

World Stocks Rise to Highest Level in Two Months

World stocks rose to their highest in over two months on Thursday as risk appetite improved on hopes Greece will reach an agreement with its creditors and the International Monetary Fund will boost resources to tackle the euro zone debt crisis.
Dai Bingguo, Shiv Shankar Menon

India, China Agree to Avoid Border Flare-ups

India and China have agreed to try to avoid flare-ups along their disputed 4,000-km border through the Himalayas, a positive development in often fractious relations between Asia's emerging giants.
Passers-by walk in front of a stock quotation board in Tokyo

Asian Shares Hit 2-Month Highs on IMF Bid to Aid Europe

Asian shares rose to a two-month high and the euro firmed Thursday after news that the International Monetary Fund was seeking to boost its resources to tackle the euro zone debt crisis helped ease worries about Europe's funding difficulties.
IMF head Christine Lagarde gestures during a news conference at the G20 meeting at the ministry in Paris

IMF Seeks More Funds for Europe Rescue; U.S. Wary

The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks.
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IMF Seeks More Funds for Europe

The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks.

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