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Michael Foust, CEO at Digital Realty, speaks about the cost effectiveness of data centers and current trends in the industry along with business model, growth prospects and the company's acquisition plans.
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LONDON, April 5- Britain's most high-profile entertainment retailer HMV was handed a lifeline on Friday when a turnaround group bought it, ensuring a future for a firm which gave the Beatles one of their first big breaks.
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LONDON, April 5- Gold edged higher on Friday, as the dollar cut earlier gains against the euro and the yen and European shares dropped as investors anticipated potentially weak U.S. non-farm payrolls data. Gold edged up 0.4 percent to $1,558.40 by 1137 GMT, but it was still down about 1.6 percent on the week and heading for its second week of declines.
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SEOUL, April 5- Samsung Electronics is spending more on marketing than R&D for the first time in at least three years, prompting some pundits to warn that the IT giant is sacrificing innovation at a time when the market is teeming with ever smarter gadgets.
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LONDON, April 5- Gold held above $1,550 on Friday, as the dollar steadied and European shares dropped ahead of U.S. jobs data which should give more clues on the health of the world's largest economy. Gold edged up 0.1 percent to $1,554.04 by 1029 GMT, but it was still down about 1.7 percent on the week and heading for its second week of declines.
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SEOUL/ NEW DELHI, April 5- Asian policymakers braced for a flood of capital unleashed by the Bank of Japan's huge monetary stimulus, but some conceded on Friday the impact on global money flows and currencies might prove to be a necessary side-effect to get the region's No.2 economy growing.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent steadied above $106 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week since December as bleak U.S. data and bulging inventories dimmed the outlook for demand.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent crude rose 13 cents to $106.47 a barrel by 0436 GMT, off an earlier high of $106.65.
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--Clyde Russell is a Reuters market analyst. That's the question that should be asked after Thursday's announcement by Royal Dutch Shell that it would close its Geelong refinery in Victoria state and convert it to an import terminal if a buyer couldn't be found.
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SINGAPORE, April 5- Singapore's central bank said it will issue its half-yearly monetary policy statement on April 12, with all 11 forecasters polled by Reuters expecting it to maintain the current appreciation path for the Singapore dollar.
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SINGAPORE, April 5- Singapore's central bank said it will issue its half-yearly monetary policy statement on April 12, with all 11 forecasters polled by Reuters expecting it to maintain the current appreciation path for the Singapore dollar.
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*Korea tensions, Iran talks eyed. SINGAPORE, April 5- Brent crude edged up toward $107 per barrel on Friday after hitting a 5- month low in the prior session, but prices were headed for their worst week in a month as bleak U.S. data and bulging inventories dimmed the outlook for demand. Brent rose 14 cents to $106.48 a barrel by 0236 GMT, off an earlier high of $106.65.
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SINGAPORE, April 5- London copper was steady on Friday, not far from 8- month lows hit the prior session, buttressed by the Bank of Japan's unprecedented stimulus and biding time ahead of a headline U.S. jobs report with top consumer China out on holiday. *Copper on Thursday plumbed its lowest since Aug. 3 at $7,331.25 a tonne.
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SINGAPORE, April 5- Gold steadied on Friday but held near its weakest since May last year as investors waited for key U.S. jobs data for more clues on the health of the world's largest economy, while a drop in ETF holdings dragged on prices. *Gold was little changed at $1,553.56 an ounce by 0033 GMT, still heading for a second week of decline.
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Michael Foust, CEO at Digital Realty, speaks about the cost effectiveness of data centers and current trends in the industry along with business model, growth prospects and the company's acquisition plans.
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*Corn market struggles to find a bottom after USDA stocks data. CHICAGO, April 4- U.S. corn futures fell to a nine-month low Thursday on continued technical selling and fund liquidation, while soybeans hit a 10- month low on worries that bird flu cases in China may slow feed demand there, traders said.
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HOUSTON-- Energy company Harvest Natural Resources Inc. says it will need to restate some financial results published between 2010 and 2012..
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"The jobless claims added to the pressure after the Bank of Japan's decision to pump money created a big rally in the dollar and U.S. debt in a safe-haven play," said Phil Flynn, analyst at Price Futures Group in Chicago.
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LONDON, April 4- Copper inched up on Thursday but was still hovering around its lowest level in eight months on concerns about high inventories and weak global demand, especially in top metals consumer China. Benchmark copper on the London Metal Exchange was trading at $7,405 by 1502 GMT, slightly up from Wednesday's close at $7,386.50.
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LONDON, April 4- Crude oil futures dropped on Thursday after an increase in U.S. unemployment heightened concerns over the economic growth of the world's top oil consumer. Initial claims for state unemployment benefits increased 28,000 to a seasonally adjusted 385,000, the highest since November, the Labor Department said on Thursday.
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*Copper well above marginal production costs of $6,500- $7,000. LONDON, April 4- Copper fell for the fifth straight session on Thursday, hitting its lowest level in eight months and analysts said more losses were likely as concern grew about high inventories and weak global demand, especially in top metals consumer China.