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World Bank changes tack to face new challengers
Global warming, a new offensive against poverty - the World Bank has overhauled its agenda to prove its relevance in the face of competition from rich emerging nations, notably China. ... more
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Commodities slump on weak China data
Gold prices tumbled to a two-year low and crude oil slumped to a nine-month trough this week, as commodity markets were rocked by weaker-than-expected first-quarter economic growth in key consumer China. ... more
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Yahoo China to end email service: media
Yahoo's China arm will shut down its email service later this year, state media reported Friday, illustrating the brand's diminishing profile in the country. ... more
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Saudi king replaces deputy defence minister
The Saudi deputy defence minister, Prince Khaled bin Sultan bin Abdul Aziz who played a key role in the 1991 Gulf War over Kuwait, has been dismissed, state news agency SPA reported Saturday. ... more
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