Archive for  January 2010
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India and Malaysia on Wednesday signed an extradition treaty and several other pacts covering fields from trade to education in an effort to scale up their relations. The agreements were signed after Indian Prime Minister
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British jobless claims fell again in December at the fastest pace for two and a half years, data showed Wednesday, fuelling hopes that the economy emerged from recession in the fourth quarter of 2009. The
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State-owned investment company Dubai World has replaced the chief executive of its Istithmar World with the unit's chief investment officer, as the group focuses on managing its investments rather than making new acquisitions. Istithmar is
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Iran plans to remove zeroes from its national currency, the rial, in order to make its value "real", President Mahmoud Ahmadinejad was quoted as saying on Wednesday. Ahmadinejad, quoted by the semi-official Mehr News Agency,
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Iran has signed a one-billion-euro (1.44-billion-dollar) deal with a German firm to build 100 gas turbo-compressors, an industry official said in newspapers on Wednesday. The contract provides for the unnamed German firm to transfer the
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South African retail sales fell more sharply than expected in November, highlighting the weakness of consumer demand and raising hopes that there is still a chance for another interest rate cut this year. Statistics South
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BHP Billiton, the world's largest miner, on Wednesday gave an upbeat outlook for commodities, shipping half its record quarterly production of iron ore to China, and setting the stage for higher 2010 output. The company
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BHP Billiton, the world's largest miner, on Wednesday gave an upbeat outlook for commodities, shipping half its record quarterly production of iron ore to China, and setting the stage for higher 2010 output. The company
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Top European carmaker Volkswagen plans to build its fifth plant in China along with its Chinese partner, with an initial annual production capacity of at least 200,000 units, the 21th Century Business Herald said on
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The world's largest civil helicopter maker, Eurocopter, predicted low demand in 2010, and said recovery would be delayed by a glut of over 1,000 second-hand machines on sale in the wake of the economic crisis.
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