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European stock markets were down Friday, while Asian markets took cheer from U.S. unemployment claims falling to an eight-year low. Traders were generally cautious at the end of the week, taking a wait-and-see attitude before another set of U.S. indicators due in coming days, including second quarter GDP.
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Towering worry: Small holes cause big jitters

Youkyung Lee, Associated Press  |  posted Jul 25th - 2:30am
For the developers of the world's sixth tallest building near Seoul, a mysteriously shrinking lake and the appearance of small sinkholes in residential neighborhoods couldn't have come at a more inopportune time.
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Air travel a leap of faith for passengers

The Associated Press  |  posted Jul 25th - 1:40am
Airline travel requires passengers to make a leap of faith, entrusting their lives to pilots, airlines, air traffic controllers and others who regulate air travel.
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S.Korea lab fails to find out how ferry owner died

Hyung-Jin Kim, Associated Press  |  posted Jul 25th - 12:31am
South Korea's state-run forensic lab said Friday it has failed to determine the cause of death for a fugitive billionaire blamed for April's ferry disaster, amid mounting public criticism that authorities didn't identify his body for a long time and still continued a massive manhunt for him.
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Family feud sparks revolt at grocery store chain

Denise Lavoie, Associated Press  |  posted Jul 25th - 12:02am
It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not Biblical or literary figures.
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Fast food workers prepare to escalate wage demands

The Associated Press  |  posted Jul 24th - 11:22pm
Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.
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China pork giant WH Group makes 2nd IPO attempt

The Associated Press  |  posted 33 minutes ago
Chinese pork giant WH Group is taking a second run at going public with a scaled-back share offering after abandoning its first IPO attempt because of sagging investor demand.
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German business confidence drops again

The Associated Press  |  posted Jul 25th - 2:30am
German business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq.
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BSkyB to take over Italian, German pay TV networks

The Associated Press  |  posted Jul 25th - 2:20am
London-based satellite broadcaster BSkyB has announced agreements to purchase Sky Italia and 57 percent of Sky Deutschland from 21st Century Fox.
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German airlines cancel more Tel Aviv flights

The Associated Press  |  posted Jul 25th - 1:50am
Germany's two largest airlines say they are not yet resuming flights to Israel even though the European Aviation Safety Agency has lifted a recommendation that airlines refrain from flying to Tel Aviv airport.
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McNuggets pulled from sale in HK after meat scare

Kelvin Chan, Associated Press  |  posted Jul 25th - 1:20am
McDonald's restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after a U.S.-owned supplier in mainland China was accused of selling expired meat.
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W.Va. clinic operator faces disciplinary hearing

The Associated Press  |  posted Jul 25th - 12:11am
A board will conduct a disciplinary hearing for the operator of a West Virginia pain management clinic where an investigation found syringes were being reused.
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Japan inflation eases in June under tax hike blow

The Associated Press  |  posted Jul 24th - 10:40pm
Japan's inflation rate eased slightly in June as a sales tax high stunted demand, the government reported Friday.
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Report: China to declare Qualcomm a monopoly

Joe McDonald, Associated Press  |  posted Jul 24th - 10:31pm
Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday.
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Navy secretary: Cost for newest ship will decline

The Associated Press  |  posted Jul 24th - 10:20pm
Operating costs for the U.S. Navy's newest ships will decline and "become more normal" over time, Navy Secretary Ray Mabus said Thursday.
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Baidu profit up 34 percent as mobile service grows

The Associated Press  |  posted Jul 24th - 10:00pm
Baidu Inc., which operates China's most popular search engine, said Friday its quarterly profit rose 34 percent over a year earlier as its mobile business grew.
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