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With new look, 80-year-old Paris zoo to re-open

With new look, 80-year-old Paris zoo to re-openPARIS (AP) — Its gray, man-made mountain that might lure King Kong still protrudes over treetops, but nearly everything else has changed as Paris' zoo prepares to re-open after a multi-year, multimillion-euro (dollar) makeover.

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Sharing Punches

Sharing PunchesThe notion of "sparring" -- conflict under control -- is very intriguing in business and in life.

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South African stocks rise, tracks global markets

South African stocks rise, tracks global marketsJOHANNESBURG (Reuters) - South African stocks rebounded slightly on Friday, tracking global markets which were upbeat on steady U.S. jobs growth. Food producer Pioneer Foods shares rocketed up to 6.8 percent at 89.67 rand after it said it expected earnings for its first half to more than double. The U.S. labor market - which traders from Johannesburg to Jakarta track - emerged surprisingly strong from a severe winter, with employers hiring at a

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Intel closes Costa Rica operation, cuts 1,500 jobs

Intel closes Costa Rica operation, cuts 1,500 jobsBy Noel Randewich SAN FRANCISCO (Reuters) - Chipmaker Intel, struggling with a shrinking personal computer market, is shutting its assembly and test operation in Costa Rica and eliminating 1,500 jobs, a spokesman said on Tuesday. The closure of the site, which is a significant contributor to Costa Rica's exports, falls within a larger plan announced by the chipmaker earlier this year to cut spending as it attempts to grow beyond PCs into

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Nigeria's Stanbic IBTC says 9-month profit up 126 pct

Nigeria's Stanbic IBTC says 9-month profit up 126 pctLAGOS (Reuters) - Nigeria's Stanbic IBTC Holdings said on Tuesday its nine month pretax profit rose by 126 percent to 20.33 billion naira ($128.22 million), up from 9.01 billion naira in the same period last year. Gross earnings at the Nigerian unit of South Africa's Standard Bank rose to 82.92 billion naira during the nine months to Sept. 30, against 64.03 billion naira last year, the bank said in a filing with the Nigerian Stock

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Fed should cut rate paid on excess reserves: Kocherlakota

Fed should cut rate paid on excess reserves: KocherlakotaThe Federal Reserve should take even small steps to show it is committed to doing "what it takes" to bring the U.S. economy back to health, a top Fed official said on Tuesday. Such steps could include cutting the interest rate it pays on excess reserves that banks keep on deposit at the Fed, Minneapolis Federal Reserve Bank President

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