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Job figures still hostile to recovery
WASHINGTON — New claims for US jobless benefits fell last week, but were still too high to signal a change in fortune for the troubled labour market. Read Story
UAE
2011 Infiniti QX SUV launched
DUBAI — Arabian Automobiles on Wednesday evening launched the all-new 2011 Infiniti QX SUV and confirmed that a new showroom dedicated to the Infiniti brand is now under construction in Dubai.
Millennium Private Equity eyes Europe JVs with sukuk
Dubai shares up most in 
a week on global growth
Ministry working on innovative strategy
to enhance UAE’s global trade: Lubna
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INTERNATIONAL
Intel sees faster growth in embedded chips
MUNICH, Germany - Intel, the world’s biggest maker of semiconductors, expects demand for embedded microchips to accelerate as the company expands beyond its core business of computer chips, an executive told Reuters.
Microsoft launches advertising platform in China
Taiwan rejects Primus purchase of AIG unit
Obama considering new ways to boost economy
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BANKING & FINANCE
ECB holds rates, extends liquidity lifeline
FRANKFURT - The European Central Bank held interest rates at a record low on Thursday and extended its liquidity safety-net in response to a lopsided recovery and worries about vulnerable banks.
Bonds dip as investors take profits before payrolls
Swatch suing UBS over investment losses: report
Turkey’s Denizbank sees robust growth
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MARKETING
LG says to use aggressive pricing for cheaper TVs
BERLIN - LG Electronics expects demand growth for new TV sets to slow during the second half, and the South Korean firms plans to be aggressive in a price war at the lower end of the market.
3G Capital to buy Burger King for $3.26 billion
Intel sees faster growth in embedded chips
Burger King has been considering sale
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BIZ TALK
Time to buy silver, a safe-haven Cinderella
LONDON - Renewed uncertainty over the global economic outlook has revitalised the push into perceived safe-haven assets like gold, but as bullion edges ever closer to record highs, silver has emerged as a cheap alternative.
GOLD Sep 3, 2010
Type Morning Yesterday
150.00 AED 150.75 AED
139.75 AED 140.25 AED
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TECHNOLOGY
Apple, Google to clash in music space by Christmas
NEW YORK - Google Inc is in talks with music labels on plans for a download store and a digital song locker that would allow its mobile users to play songs wherever they are as it steps up its rivalry with Apple Inc, according to people familiar with the matter.
Twitter launches iPad application
Apple TV, a first step for more ambitious plans
Apple lovers get social network and new iPod
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