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China's exports and imports see slower growth

China’s export and import growth slowed in April raising fresh fears about a sharp slowdown in the world’s second-largest economy. Exports rose by 4.9% in April from a year earlier, down from the 8.9% annual growth seen in the previous

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China’s exports and imports see slower growth

China’s export and import growth slowed in April raising fresh fears about a sharp slowdown in the world’s second-largest economy. Exports rose by 4.9% in April from a year earlier, down from the 8.9% annual growth seen in the previous

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Work on significant power projects resumes

Ministry of Water and Energy officials on Wednesday said on Wednesday that work on two power projects that were delayed for security reasons had started. The projects are aimed at increasing electricity supply to Laghman and Kunduz provinces. In an

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Chinese Bank Approved to take over a US bank

Industrial and Commercial Bank of China (ICBC) has been given the nod to take over a US bank, the first such US approval for a Chinese firm. The US Federal Reserve approved state-owned ICBC’s plans to acquire the US subsidiary

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Lack of Trust Hurting Greek Economy

While Greece’s financial stability is the most obvious and immediate concern, confidence—or a lack thereof—is a major issue and a growing part of the equation as the rest of the world’s leaders circle the wagons in an effort to rescue

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Five Tips to Inspire Innovation at Your Small Business

In today’s marketplace, product life cycles are shrinking, global trade is leading to growing competition and the internet has lowered barriers to entry in many industries. So the need for innovation is more vital than ever. How can you kick

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Asian markets join global sell-off on Greece concerns

Asian markets have dropped, tracking falls in Europe and the US, amid political uncertainty in Greece. Greece’s left-wing Syriza bloc is trying to form a government and its leader is opposed to the austerity terms set in the Greek bailout

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Air India cancels more flights amid pilot protest

Protests by some Air India pilots have entered their second day with more international flights cancelled from Delhi and Mumbai, reports say. An Air India spokesman said three international flights to Singapore, New York and Newark have been cancelled. Earlier

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UN distributes aid to internally displaced families in Balkh

9 May 2012 – The United Nations has distributed humanitarian aid to 175 internally displaced families in the northern province of Balkh who were forced to leave their home due to ongoing drought and insecurity. The families from Tandorak village in

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Top British insurance firm's CEO steps down

Aviva announces chief executive’s departure amid concerns for hefty pay for bosses perceived to be underperforming. Andrew Moss is to be replaced by chairman John McFarlane who will also be tasked with finding a new CEO. The head of Britain’s

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Top British insurance firm’s CEO steps down

Aviva announces chief executive’s departure amid concerns for hefty pay for bosses perceived to be underperforming. Andrew Moss is to be replaced by chairman John McFarlane who will also be tasked with finding a new CEO. The head of Britain’s

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U.S. could make $15.1 billion on AIG bailout

Taxpayers could realize a profit of more than $15.1 billion from the massive government bailout of insurer American International Group, a congressional watchdog said. According to a report by the Government Accountability Office issued on Monday, the total return depends

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Marubeni close to buying Gavilon for $5.2 billion

Japan’s Marubeni Corp is in advanced talks to buy U.S. grain and energy trader Gavilon for about $5.2 billion including debt after beating out competition from rival domestic trading firms, a source close to the deal said on Tuesday. The

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UAE to train Afghan airport employees on new equipment

A contract has been signed between The Ministry of Transport and Aviation and a (UAE) United Arab Emirates firm for training both Kabul and Kandahar airport employees for employing new equipments. Over the past three years some modern flight safety

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World markets plunge after European elections

Investors’ fears of debt crisis renewed after anti-austerity candidates win elections in France and Greece. World stock markets have been pummeled in trading after election results in Greece and France heightened market concerns about Europe’s ability to solve its debt

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The Shahrukh Khan-Kajol onscreen magic once again?

The buzz is rife that Bollywood’s evergreen jodi Shahrukh Khan and Kajol would spill their onscreen magic yet again for friend Karan Johar. The rumours are doing the rounds that Karan has apparently decided to cast the duo in a

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Clinton backs microcredit pioneer Yunus in Bangladesh

US Secretary of State Hillary Clinton has publicly given her backing to microcredit pioneer Mohammed Yunus, urging Bangladesh not to undermine the independence of the Grameen Bank. Mr Yunus won the Nobel Peace Prize for setting up Grameen, which makes

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Ghazni far from ready to serve as Islamic civilization capital

The Meshrano Jirgaon Sunday said southern Ghazni province would not be ready as the Asian capital of Islamic civilization by 2013 due to delays in preparatory work and urged relevant authorities to brief the house on the subject next week.

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David Beckham tops UK and Irish sport rich list

David Beckham has topped a list of the richest people in sport in the UK and Ireland. The LA Galaxy footballer, 37, was in pole position with a fortune of £160m, according to the annual Sunday Times sport rich list.

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Greek governing parties 'lose majority' at polls

Greece’s two governing parties, which back tough austerity measures, have lost their parliamentary majority in Sunday’s election. With almost all votes counted, centre-right New Democracy is leading with 19%, down from 33.5% in 2009. Centre-left Pasok is in third place

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Greek governing parties ‘lose majority’ at polls

Greece’s two governing parties, which back tough austerity measures, have lost their parliamentary majority in Sunday’s election. With almost all votes counted, centre-right New Democracy is leading with 19%, down from 33.5% in 2009. Centre-left Pasok is in third place

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Kareena Kapoor has a Competition

Actress Parineeti Chopra of Ladies vs Ricky Bhal will now be seen in her second film Ishaqzaade. The actress is currently very busy promoting her film. She says more than acting, she loves to sing and s a trained singer.

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Indonesia to tax exports of raw minerals

Indonesia has said it will impose an average tax of 20% on exports of 14 raw minerals, including copper and gold, in a bid to encourage local processing. It said it would also prohibit miners from exporting these raw minerals

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Samsung Galaxy S3 smartphone unveiled

Samsung has unveiled its latest flagship smartphone – the Galaxy S3. The handset has a 4.8 inch (12.2cm) screen, an increase on the 4.3 inch screen of its predecessor. The device is perceived to be critical to how people view

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13 govt officials held on fraud charges

The Attorney General Office (AGO) has detained 13 employees of the Ministry of Finance and Independent Directorate of Local Governance (IDLG) on charges of embezzling 25 millions afs. The employees, including three directors, were arrested on Saturday morning in Kabul,

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