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The UN said Iran has installed hundreds more centrifuges in a nuclear reactor which increases its capacity to refine uranium. A report from the WSJ says Iranian hackers are targeting U.S. companies, with CNBC's Eamon Javers. Frank Cillufo, Homeland Security expert, offers insight.
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Rioting spread to several Swedish towns on Friday night as police stepped up arrests during a sixth night of unrest and far-right vigilantes chased non-whites in southern Stockholm. "We see the night's events as an offshoot of what has happened in the Stockholm area in recent days," local police told Swedish television.
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WASHINGTON, May 24- An influential U.S. senator expressed strong concerns on Friday about Japanese company SoftBank Corp's plan to buy 70 percent of Sprint Nextel, warning it could expose the United States to Chinese cyber attacks.
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SAN FRANCISCO, May 24- Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, two sources familiar with the matter told Reuters on Friday.
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The UN said Iran has installed hundreds more centrifuges in a nuclear reactor which increases its capacity to refine uranium. A report from the WSJ says Iranian hackers are targeting U.S. companies, with CNBC's Eamon Javers. Frank Cillufo, Homeland Security expert, offers insight.
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LONDON, May 24- The European Commission expects to complete a review by October of ways to help Europe's struggling aluminium industry, looking at policies such as on import duties and long-term power contracts.
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*JA Solar, ReneSola shares hit 1- year highs. Manufacturers such as JA Solar Holdings Co Ltd and ReneSola Ltd, reliant on low-margin Chinese sales after trade wars with the United States and Europe, are pushing into Japan and emerging economies where solar panel demand is rising.
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MONTGOMERY, Ala.-- Health officials investigating a cluster of mysterious illnesses in Alabama closed their investigation Thursday after determining the illnesses were unrelated and no new bacteria or viruses were involved. The investigation involved 10 people who became sick and were admitted to hospitals in Dothan and Luverne in southeast Alabama.
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WASHINGTON-- President Barack Obama said Thursday that the Justice Department will review the policy under which it obtains journalists' records in investigations of the leak of government secrets.
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*Pakistan's financing needs estimated at $6 bln- 9 bln. LAHORE, Pakistan, May 24- Pakistan's new leadership expects first results of its planned steps to shore up its finances and ease a power crisis in two or three months and only then should decide whether and on what terms to seek an IMF bailout, a senior policy adviser said on Friday.
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*Boeing offer lacked interim aircraft the airline needed- CEO. COLOMBO, May 24- Loss-making national carrier Sri Lankan Airlines has signed a provisional deal with Airbus worth $1.3 billion to buy six A330-300 and four A350-900 aircraft between 2014 and 2023 to replace ageing aircraft, the state-run firm's CEO told Reuters.
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BRUSSELS/ HONG KONG, May 24- The European Commission rejected Chinese trade association statements that talks to resolve a dispute over allegations of dumping of solar panels had broken down, while Chinese comments highlighted risks the dispute could escalate.
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HONG KONG, May 24- Hong Kong shares may start steady on Friday after the release of weak Chinese manufacturing data and signs from the Federal Reserve that it is considering reducing monetary stimulus.
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Firas Maksad, Managing Director of Global Policy Advisors, gives his assessment of the Middle East situation two and a half years since the Arab Spring.
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*Pentagon report shows $4.5 bln drop in F-35 cost. WASHINGTON, May 23- The Pentagon on Thursday told Congress it expected a 1 percent drop in the cost of its biggest weapons program, the Lockheed Martin Corp. F-35 fighter jet, while averting the huge cost increases seen on other weapons programs in recent years.
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WASHINGTON, May 23- Quebec will announce within weeks that it will launch its own public review of a proposed pipeline that would deliver crude oil from western Canada to eastern markets, its environment minister said Thursday.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The hurricane forecast is for 7 to 11 hurricanes this season, which could be bullish for the energy markets. Nat gas was up on the day because storage levels rose less than expected.
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WASHINGTON, May 23- The Pentagon's annual report to Congress shows a decline of $4.5 billion, or just over 1 percent, in the projected development and acquisition cost of the Lockheed Martin Corp F-35 fighter jet program, sources familiar with the data said on Thursday.
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WASHINGTON, May 23- Quebec will announce within weeks that it will launch its own public review of a proposed pipeline that would deliver crude oil from western Canada to eastern markets, its environment minister said Thursday.
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LONDON, May 23- In the lurid scene of the red-handed knifeman describing his motives for hacking to death a British soldier in broad daylight, perhaps the most chilling aspect for Londoners was the man's unmistakably familiar accent.
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LONDON, May 23- Strapping his baby into a car seat, Abu Khaled said it was unfortunate that a British soldier was hacked to death in an apparent Islamist attack a day earlier in London, but it was not the only misfortune on his mind. "Eleven children died in Afghanistan in a U.S. drone attack about the time of the Boston bombings.