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The Philippines will withstand pressure stemming from the impending reduction of the Federal Reserve’s stimulus with growth exceeding 7 percent this year, central bank Governor Amando Tetangco said.
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Service industries in the U.S. expanded in September at a slower pace than forecast, indicating a pause in the momentum of the biggest part of the economy before the federal government shut down.
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Oi SA’s merger with Portugal Telecom SGPS SA is likely to bolster Brazil’s largest landline phone carrier as it battles better-equipped rivals in the world’s fifth-biggest wireless market. The shares fell on concern it won’t be enough.
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Treasury 10-year yields traded at almost a seven-week low after President Barack Obama and congressional leaders failed to make progress on resolving a budget impasse and a gauge of U.S. service businesses fell.
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Traders are wagering that a lengthy antitrust review won’t stop Applied Materials Inc. from completing a $9.39 billion deal to help the world’s No. 1 supplier of chipmaking equipment boost its market share.
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International Monetary Fund Managing Director Christine Lagarde said it’s “mission-critical” for the U.S. to raise its $16.7 trillion debt ceiling, warning policy makers that failure to do so would seriously hurt the country and the world.
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United Technologies Corp., a supplier of helicopters and jet engines to the U.S. military, said an extended government shutdown would force furloughs of as many as 5,000 workers.
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Ian Hannam, formerly one of JPMorgan Chase & Co.’s top merger advisers, is fighting a proposed market-abuse fine with a “woolly, implicit understanding of confidentiality,” lawyers for a U.K. regulator told a court.
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Wheat rose in Chicago and Paris on signs that production in Ukraine and Russia will be less than expected as excess rain prevents farmers from planting winter crops. Soybeans and corn gained.
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Early Mars was an explosive, fiery place, much like early Earth, with supervolcanoes that could eject at least 240 cubic miles (1,000 cubic kilometers) of molten rock.
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Here’s the most important feature of Amazon’s new Kindle Fire HDX color tablets: Operators are standing by.
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A 1963 Ferrari 250 GTO racer has become the world’s most expensive car, selling for $52 million.
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University of Alabama safety Ha Ha Clinton-Dix was suspended indefinitely for an unspecified violation of team rules, leaving the defending national champions without one of college football’s top defensive backs.
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Prime Minister Enrico Letta broke Silvio Berlusconi’s grip on power in Italy just when the billionaire ex-premier needed it most.
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