China’s inflation reached a 16- month high in February, industrial output climbed and new loans exceeded forecasts, adding to the case for the government to pare back stimulus measures.
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Union leaders representing British Airways cabin crew will meet later to decide whether to announce dates for a strike.
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Japanese stocks advanced on speculation increased demand will boost earnings at iron-ore producers and that the nation’s economy is recovering.
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The Business Software Alliance complains to Washington about Beijing’s policies
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Google Inc., owner of the most popular Internet search engine, opened an online store that helps developers of business software sell their own programs.
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Democrats are at odds over an election-year proposal to ban so-called earmarks providing federal money to defense contractors, energy firms and other private companies.
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Global currency trading rose to $2.7 trillion a day between April and October, the first growth since the six months to April 2008, the Reserve Bank of Australia said, citing data from five markets.
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CA Inc., the second-largest maker of software for mainframe computers, agreed to buy closely held Nimsoft Inc. for about $350 million to expand in cloud computing.
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The U.S. Senate approved a $138 billion measure that would extend unemployment benefits and provide additional aid to states in lawmakers’ second major effort this year to boost the economy.
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Japan’s economy expanded less than initially estimated in the fourth quarter as companies pared spending and stockpiles as deflation deepened.
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Trump Entertainment Resorts Inc., the bankrupt casino company pursued by two sets of competing billionaires, needs a new, court-approved loan to remain open, a lawyer for investor Carl Icahn said today in court.
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The yen advanced against the euro amid speculation that Japanese exporters bought the currency before the end of the fiscal year.
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Mexican Carlos Slim Huan overtakes Bill Gates as the world’s richest man, according to the Forbes ‘rich list’.
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The US government recorded a budget deficit of $221bn (£147.6bn) in February – the largest monthly deficit in its history.
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Chevron Corp., the second-largest U.S. oil company, asked a federal judge to allow an arbitration panel to resolve a court fight over an environmental cleanup in Ecuador that might cost as much as $27 billion.
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The U.S. Senate approved a $138 billion measure that would extend unemployment benefits and provide additional aid to states in lawmakers’ second major effort this year to boost the economy
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President Barack Obama said he is ordering new efforts to curb waste and fraud in government health programs as he campaigns for an overhaul of the U.S. medical system.
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New York developer Larry Silverstein, who partnered with the California State Teachers Retirement System to buy a 35-story office tower in 2006, now faces “imminent default” on debt tied to the property, Fitch Ratings said today.
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A group of mostly Republican U.S. governors today urged federal lawmakers to stop the Obama administration from regulating greenhouse gases under an existing law.
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Insurers paid out £650m from 335,000 claims made as a result of damage caused by the wintry weather in the UK.
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Merck & Co.’s Stromectol tablet worked better than lotion at clearing up hard-to-treat head lice, a study found, as the infestations become increasingly resistant to current medicines.
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Libya has accepted a U.S. State Department apology for remarks about a call by the North African nation’s leader, Muammar Qaddafi, for a jihad against Switzerland, the Libyan mission to the United Nations said.
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Mohamed A. El-Erian, whose company runs the world’s biggest mutual fund, said the global economy may face disruptions because of the simultaneous and significant deterioration in public finances.
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OnLive Inc., the Silicon Valley company creating a Web-based video-game system, said it will offer a $14.95-a-month subscription, challenging console makers Microsoft Corp., Nintendo Co. and Sony Corp.
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Executives at an Illinois estate- planning firm raised more than $20 million for Turkish Eurobond investments, while diverting clients’ money for a stamp collection, Internet pornography and cryogenically frozen umbilical cords, U.S. regulators said.
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