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Greece, creditors laboriously piece together debt deal

4:48am GMT

ATHENS - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default. | Video

Facebook to file IPO documents soon as Wednesday - report

27 Jan 2012

- Facebook plans to file documents as early as Wednesday for a highly anticipated IPO that will value the world's largest social network at between $75 billion (47 billion pounds) and $100 billion, the Wall Street Journal cited unidentified sources as saying on Friday.

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Euro ministers upbeat on Greece, crisis solution

27 Jan 2012

DAVOS, Switzerland - Euro zone finance officials voiced optimism on Friday that a deal to avert a disorderly Greek default was imminent and that key building blocks to resolve Europe's sovereign debt crisis are gradually fitting into place. | Video

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Apple not turning "blind eye" to supply chain problems - CEO

27 Jan 2012

SAN FRANCISCO - Apple Inc has never turned "a blind eye" to the problems in its supply chain and any suggestion it does not care about the plight of workers is "patently false," Apple Chief Executive Tim Cook said in an email to employees.

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Syria violence kills over 40

12:30am GMT

AMMAN - Security forces killed over 40 people in Syria on Friday, activists and residents said, as people in Homs mourned 14 members of a family they said were slain by militiamen in one of the worst sectarian attacks in a 10-month revolt. | Video

Rob Cox

Uninvited guest, Mr 99 Percent, crashes Davos

The rich and the powerful at Davos are haunted by the shadow of the unemployed and disenfranchised. The spectre is in the panels, hallway conversations and political speeches. What’s less clear is whether the gathered plutocrats can deal with income inequality.  Commentary 

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"Kumbaya" capitalism collides with self-interest

It is pleasant to spend a few days in snowy Davos talking up creative examples of social entrepreneurship. It can even be fun to muse on one of the big questions the World Economic Forum has designated for collective cogitation: how to ‘‘redesign’’ capitalism. But the hard part is embracing higher taxes or a lower salary.  Commentary 

Ian Campbell

The UK’s problem - it’s the best in Europe

British GDP fell in the fourth quarter and will grow only slowly this year. Even that will be stronger than anywhere in Europe, the IMF predicts. UK government cuts hurt but the euro zone crisis is a bigger problem. It deters exports and endangers recovery.  Commentary 

Edward Hadas

The social market economy

Capitalism is the name people give to the way the modern economy is arranged. Now that communism has been discredited as an economic system, there seems to be no real alternative. But the word is misleading.  Commentary 

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What would a Greek plan B look like?

If brinkmanship over a “voluntary” debt restructuring fails, Athens will be staring at a hard default. The challenge will be to prevent it being a messy one, and that means bailing out Greek banks. But even after that, the country’s official creditors may save money.  Commentary 

Scotland's First Minister Alex Salmond gestures to journalists during a press conference in the Great Hall of Edinburgh castle, Scotland January 25, 2012. REUTERS/David Moir

Scottish separatists face tough independence battle

As he launched his plans to fight for freedom by the ballot box, Alex Salmond portrayed the end of Scotland's 300-year union with England as inevitable. But independence is far from certain: Downing Street opposes the move, and many Scots have as many misgivings about Salmond as they do about independence.  Full Article 

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