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Record North America profit boosts Ford results; shares rise

DEARBORN Mich. (Reuters) - Ford Motor Co reported second-quarter operating earnings that beat expectations thanks to record profit in North America, boosting its shares more than 1 percent in early trading.


Liberty Global offers to sell pay TV channel for Ziggo deal: source

BRUSSELS (Reuters) - U.S. cable group Liberty Global has offered to sell its pay TV channel Film1 in a bid to win EU antitrust approval for its proposed acquisition of Dutch rival Ziggo, a person familiar with the matter said on Thursday.


South Africa plans plain cigarette packaging by 2015: minister

CAPE TOWN (Reuters) - South Africa aims to force cigarette companies to sell products in plain packets by next year, despite an ongoing World Trade Organisation (WTO) investigation into Australia's ban on tobacco branding, the health minister said on Thursday.


Indian sports minister irked by turban row

MUMBAI (Reuters) - Basketball's no-headgear rule has irked the Indian sports minister who has reacted with anger after two Sikh members of the men's national team had to remove their turbans before they were allowed to play in the recent Asia Cup in China.


Facebook shares hit record high as market likes earnings

(Reuters) - Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue.

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