South Africa's De Beers said Friday that diamond sales sparkled during 2004, boosted by Asian sales, sending net profits soaring by 25 percent to 498 million dollars (383 million euros). The upbeat figures came as

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Amazon.com Inc on Wednesday posted a quarterly profit that missed Wall Street estimates and unveiled a costly new shipping program that heightened concern about falling margins, sending its shares tumbling nearly 14 percent. Fourth-quarter net

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Amazon.com Inc on Wednesday posted a quarterly profit that missed Wall Street estimates and unveiled a costly new shipping program that heightened concern about falling margins, sending its shares tumbling nearly 14 percent. Fourth-quarter net

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Britain will be seeking approval from the United States for its grand plan to help alleviate poverty in Africa when finance ministers from the Group of Seven industrialised nations convene here Friday and Saturday. British

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Britain's service sector grew faster than expected in January and house prices rose for a second month, reports said on Thursday, suggesting it is too early to say interest rates have peaked at 4.75 percent.

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Russia is negotiating early repayment of its debt to Paris Club state creditors, President Vladimir Putin said Thursday, stressing that his oil-rich country no longer needed foreign loans. "The World Bank has made a significant

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The International Monetary Fund will trim its world economic growth outlook by a 0.1 percentage point for 2005 and 2006 in forecasts for the Group of Seven rich nations meeting this week, a G7 source

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Seoul shares rose 0.8 percent on Thursday, led by steel maker POSCO on hopes for an increase in steel prices, and as service sector data hinted South Korea's fragile economy may be getting back on

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Indonesian share prices closed 0.33 percent lower on Thursday on profit-taking led by Bank Mandiri following two consecutive days of record finishes, dealers said. The fall, however, was softened by a slight rebound in afternoon

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Hong Kong blue chip stocks ended a third of a percent lower on Thursday amid cautious trade ahead of the Chinese Lunar New Year public holiday next week. However, China Unicom jumped on news that

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