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Planners, Locals React to Cuomo's Convention Center Plan

Andrew Cuomo
New York Gov. Andrew Cuomo's plan for a 3.8 million square foot convention center at the Aqueduct Racetrack in Queens, N.Y. was met with approval from one local non-profit planning group, while the local community board said it awaited more details on the project.
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Mukesh Ambani

Reliance Industries Invests in TV18 Group

Reliance Industries said it would invest in media group TV18's two main companies, marking a major foray into the media sector by the energy-focused conglomerate and giving a boost to its plans to launch 4G services.
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U.S. is Top 2012 Property Investment Pick

The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
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Paul Smith Profit up by 31 Percent Despite Economic Turmoil

Couture designer Paul Smith has reported an increase in pre-tax profits of 31 percent despite the economic downturn. As per the accounts filed in the Company House, the pre-tax profits rose from £20.9 million a year previously to a current £27.4 million.
Asia's Markets

Asia Markets Close Mixed Thursday, With Some Bargain Hunting

Japan's benchmark Nikkei slipped on Thursday ahead of an Italian debt sale that could prove challenging in thin volumes, while the euro's tumble against the yen to a 10-year low pressured exporters. Meanwhile, most other Southeast Asian bourses edged higher on Thursday, helped by late bargain-hunting in big caps and dividend-yielding stocks
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Italy 10-Year Borrowing Costs Stay Near Record at Sale

Italy's borrowing costs fell from recent record highs at a bond auction on Thursday but cautious investors still demanded a near 7 percent yield to buy 10-year debt, a level seen unsustainable over time for the Eurozone's third-largest economy.
ForeSee Survey

Netflix Tanks Customer Satisfaction Survey: 5 Things Investors Need to Know

For the first time, Netflix has fallen below Amazon in customer satisfaction, landing with some of the worst companies in a new ForeSee poll with a rating of 79 out of 100. For investors anxious about Netflix stock, however, this survey has a silver lining. Here, find out the five things investors should know about the streaming site's ranking in this new poll.

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