Bharti Airtel profit slides amid stiff competition

MUMBAI, India (AP) — Bharti Airtel’s profit slid in the latest quarter as India’s largest mobile phone company lost market share and cut call rates amid hyper-competition in its fast-growing home market. Net profit for the July-September quarter was 16.6 billion rupees ($374.3 million), down 26.6 percent from a year earlier, the company said Wednesday. […]




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Europe: Archive Project to Ease Holocaust Research

A new project aims to support Holocaust research by making historical records easier to access. The project, The European Holocaust Research Infrastructure (EHRI), will launch in Brussels next week. The primary goal of EHRI is to bring together information that is currently located in archives across Europe. Not only has information on the Holocaust been […]




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Treasury Official Ridicules Hareidim for Too Many Children

A Finance Ministry official shocked the annual Sderot Conference Tuesday, calling Arabs and hareidi-religious Jews “irresponsible” for having “too many children.” Dr. Avi Simchon, who is a senior adviser to the ministry, called on public officials to urge the Arab and Jewish communities to reduce their birth rate. “You must tell them this is irresponsible. This […]




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Arab League Threatens to End Talks, Disband PA

Amr Moussa, head of the Arab League, has threatened to tell the Palestinian Authority to end talks with Israel. In an interview with the Toronto Star, Moussa suggested a variety of alternatives, among them seeking a “one-state solution” to include both Israelis and Palestinian Authority Arabs. Moussa also blamed Israel for a variety of Arab […]




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Netanyahu: Jerusalem is Not a Settlement

“Jerusalem is not a settlement, it is the capital of Israel,” Prime Minister Binyamin’s office said Tuesday in response to foreign criticism of construction in Jewish neighborhoods of Jerusalem located to the east of the 1949 armistice line. Netanyahu rejected claims that construction in Jerusalem affects Israel’s chance of coming to an agreement with the […]




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Wholesale inventories and sales rise in September

Costco shopper looks at Hershey’s syrup at Costco in Mountain View, Calif., Saturday, Nov. 6, 2010. Inventories held at the wholesale level rose for a ninth consecutive month in September while sales rose for a third month, encouraging signs that the economic expansion will continue. (AP Photo/Paul Sakuma) WASHINGTON (AP) — Inventories held at the […]




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Goldman fined $650,000 for disclosure lapse

WASHINGTON (AP) — Industry regulators have fined Goldman Sachs $650,000 for failing to disclose that two of its brokers, including the executive accused of leading the mortgage securities deal that brought civil fraud charges against the firm, were under investigation by the government. The Financial Industry Regulatory Authority announced the fine Tuesday, saying Goldman lacked […]




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FDIC proposes new fees system

WASHINGTON (AP) — Federal bank regulators on Tuesday proposed a new system of fees paid by U.S. banks that would shift more of the burden to bigger institutions to support the deposit insurance fund. The board of the Federal Deposit Insurance Corp. voted to propose rules to change the basis for assessing a bank’s insurance […]




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GE to invest more than $2B into China efforts

NEW YORK (AP) — General Electric Co. plans to sink more than $2 billion into its efforts in China through 2012 as the conglomerate looks to build partnerships there. GE said Tuesday that it will likely spend $500 million on research and development and new customer innovation centers, adding more than 1,000 new jobs. More […]




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Stock futures point to gains; Gold jumps

NEW YORK (AP) — Stocks are poised to open slightly higher, a day after a modest decline in the Dow Jones industrial average broke a six-day streak of gains. Global stock markets are mixed Tuesday and gold continues to extend its gains. U.S. stock futures are higher with the Dow Jones industrials up 27, or […]




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