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World powers agree on Syria transition plan: Annan

GENEVA: World powers agreed Saturday on a power transition plan for strife-hit Syria, with the unity government to include members of the present government as well as opposition, international envoy Kofi Annan said. A crunch meeting in Geneva agreed that the transitional government "could include members of the present government and the opposition and other groups and shall be formed ...

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BMW and Toyota Team Up to Build Next Generation of Cars

NEW YORK (CNBC) — BMW, the world’s largest luxury automaker, is teaming up with Toyota, Japan’s largest automaker, to focus on the next generation of cars. More specifically they will be developing electric drivetrains, fuel cell technology and finding new ways to make lighter vehicles. In announcing the new agreement, Toyota CEO…

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Apple patent case: Samsung Galaxy Nexus banned in US

A judge in California has blocked US sales of Samsung's Galaxy Nexus smartphones while the court decides on the firm's patent dispute with Apple. US District Judge Lucy Koh said Apple "has shown a likelihood of establishing both infringement and validity". Earlier this week, she barred sales of Samsung's Galaxy Tab 10.1 tablet in the US until the case was ...

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Lawyer: Tom Cruise, Katie Holmes divorcing

June 29, 2012 — Updated 2235 GMT (0635 HKT) Cruise and Holmes arrive at the 2012 Vanity Fair Oscar Party at Sunset Tower in West Hollywood, California, in February. Tom Cruise and Katie Holmes are getting a divorce after five years of marriage, according to Cruise’s attorney. Suri Cruise, the daughter of Tom Cruise and Katie Holmes, plays in the ...

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EU summit success to help Hollande pass fiscal pact

PARIS (Reuters) – French President Francois Hollande’s role in goading Germany towards more flexibility in aiding debt-laden euro zone states positions him well to win parliamentary support for stiffer budget discipline rules he once swore to rewrite. The Socialist leader led a revolt against Berlin’s austerity focus that resulted in a hard-fought deal on Friday offering more help to struggling ...

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European leaders agree on long-term union

By ANGELA CHARLTON and DON MELVIN, Associated Press BRUSSELS (AP) — After tough all-night bargaining, European leaders appeared to salvage what had seemed to be a summit teetering toward failure by agreeing early Friday to use the continent’s bailout fund to funnel money directly to struggling banks, and in the longer term to the idea of a tighter union. The ...

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House votes to hold Attorney General Eric Holder in contempt

The House of Representatives voted Thursday to make Attorney General Eric H. Holder Jr. the first sitting attorney general to be held in contempt of Congress, for withholding documents requested as part of a congressional investigation into a botched gun-running operation. On a vote of 255 to 67, the Republican-led House successfully sanctioned Holder for failing to cooperate with a ...

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