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Microsoft quarterly profits beat expectations

Microsoft’s profits in the three months to the end of March dropped slightly but the results still beat analysts’ expectations after a surprise rise in sales of its Windows operating system. The world’s largest software firm made a net profit

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Yale University Charmed By Chubb Fellow Shah Rukh Khan!

Bollywood star Shah Rukh Khan enthralled the students of Yale University as he came to the Ivy League institution as a Chubb Fellow, one of its top honours. A crowd gathered outside the Shubert Theatre early in the afternoon and

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More Afghan Houses Brightened

Nearly 1,000 of families in the Paghman district of central Kabul province were extended electricity, officials said on Thursday. The power was distributed to families in Pracha village of Pashaee valley after the installation of three transformers, which had the

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Germany's Audi buys Italian motorcycle firm Ducati

Volkswagen’s Audi arm has bought Italian motorcycle firm Ducati for an undisclosed sum. The 20-member supervisory board of Europe’s largest carmaker agreed to add a 12th brand to its portfolio. The purchase will be completed when approval from the necessary

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Germany’s Audi buys Italian motorcycle firm Ducati

Volkswagen’s Audi arm has bought Italian motorcycle firm Ducati for an undisclosed sum. The 20-member supervisory board of Europe’s largest carmaker agreed to add a 12th brand to its portfolio. The purchase will be completed when approval from the necessary

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How military spending has changed in the past decade

WORLDWIDE military spending was flat in 2011 compared with the year before, according to data released by the Stockholm International Peace Research Institute, a think-tank, but this masks some significant changes. America, Western Europe and Latin America, which between them make up

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Japanese exports rise as car shipments surge in March

Japan’s exports rose in March, boosted by a surge in shipments of cars as the sector continues to recover from last year’s natural disasters. Car exports rose 33.6% from a year earlier, with overall exports up by 5.9%, latest trade

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Saif Ali Khan’s Daughter Sara to Play in Bollywood

Actor Saif Ali Khan has always been in news either for his films or due to his affair with Kareena Kapoor. But, now we are here to take a sneak peak at Saif’s family life, that includes his ex-wife Amrita

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Afghanistan’s Sectors Worth Investment

1. Agriculture and agriculture-related industries Agriculture is a fundamental means of livelihood in Afghanistan, generating 50% of the country’s GDP and supporting 85% of its people. The climate of Afghanistan is well suited for the cultivation of horticultural crops and

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Afghanistan’s Sectors Worth Investment

1. Agriculture and agriculture-related industries Agriculture is a fundamental means of livelihood in Afghanistan, generating 50% of the country’s GDP and supporting 85% of its people. The climate of Afghanistan is well suited for the cultivation of horticultural crops and

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Tweaking policies to push Afghan trade agenda

 To push Afghanistan’s economic agenda, several national-level trade bodies urge the government to introduce a series of policies — including levying taxes on imports to formation of an independent authority for industrial parks’ development. Besides, they also want to showcase

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Coca-Cola sales boosted by emerging markets

Coca-Cola has reported higher quarterly sales thanks to strong growth in emerging markets. The US soft drinks giant announced a 6% rise in operating revenue to $11.14bn (£6.98bn) in the first three months of the year on the same period

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Transit Fee for TAPI Gas Pipeline Agreed

Afghanistan, Pakistan and India have agreed on a transit fee for a multi-billion natural gas pipeline project, a Ministry of Mines official in Kabul said on Tuesday. The 1735-kilometre pipeline, known as Turkmenistan-Afghanistan-Pakistan-India (TAPI) project, will run from Daulatabad through

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25 firms to compete for gold, copper extraction

Officials at the Ministry of Mines on Tuesday said 25 international companies would compete for the exploration and extraction of gold and copper from four reserves. Mohammad Jawad Omar, a spokesman for the ministry, said the companies had been short-listed

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Goldman Sachs profits decline but beat expectations

US bank Goldman Sachs has said its profits fell 23% in its last quarter, but still beat analyst expectations. Net income fell to $2.1bn (£1.3bn) in the first three months of the year, from $2.7bn in the same period last

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IMF sees 'optimism return' as faster growth predicted

The International Monetary Fund (IMF) has said that “some optimism has returned” to the global economy and has predicted slightly faster growth. The IMF revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. It

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IMF sees ‘optimism return’ as faster growth predicted

The International Monetary Fund (IMF) has said that “some optimism has returned” to the global economy and has predicted slightly faster growth. The IMF revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. It

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Safi Airways sign codeshare agreement with Gulf Air

Gulf Air and Afghanistan’s international carrier Safi Airways has signed a codeshare agreement Kabul-Bahrain route as of April 23, Gulf Air officials announced. Under the agreement, both airlines will jointly market and promote six flights per week with each airline

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US choice named World Bank chief

Selection of Korean-born Jim Yong Kim draws criticism from other candidates over alleged US dominance of powerful post. The World Bank has named a Korean-American medical doctor, Jim Yong Kim, as its next president, despite criticism of the selection process by his

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Argentina to seize control of oil company

Move to regain majority stake in YPF by ousting Spain’s Repsol prompts angry row between Buenos Aires and Madrid. Argentinian President Cristina Fernandez de Kirchner has unveiled plans to seize control of the country’s biggest oil company YPF, owned by Spain’s

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Cheaper internet services in Afghanistan soon

The Ministry of Telecommunication and Information Technology said they plan to procure broadband internet services at a lower price from foreign telecommunication providers this week — which would slash domestic internet rates. The government launched the mega nationwide fibre-optic network

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No budget for Khost water department in a decade

No development budget has so far been allocated for the Khost Department of Water Management by the Ministry of Water and Energy over the past 10 years. Director of Water Management Eng. Mohammad Naseem According to Director of Water Management

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Kareena in demand despite flop films!

Kareena Kapoor’s films may be a flop but her pay cheques continue to pour into her kitty. The actress has bagged an endorsement deal of Rs 5 crore. It’s for a beverage brand. Now Bebo endorses 16 brands in total.

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Public-Private Partnerships for Health and Development

The health of people is intricately linked with the health of the global economy.  High mortality and morbidity rates in poorer countries drag down whole economies and have major trade, social, and health implications beyond a nation’s borders. New models

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Colombia's Jose Antonio Ocampo exits World Bank race

Colombia’s Jose Antonio Ocampo has pulled out of the race to be the next president of the World Bank. “It is clear that this is not based on the merits of the candidates but is a political exercise,” he said.

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