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Chinese factories have sent mixed signals on the extent oftheir latest rebound. A separate manufacturing PMI issued byHSBC on Monday showed manufacturing grew less than expected lastmonth on soft domestic demand.
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Four members of the county commission unanimously voted towithdraw a $1.84 billion debt-cutting plan within 15 days if thecreditors fail to give concessions they say are now neededbecause interest rates have shot up since the workout plan wasagreed in June.
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It was not an easy scientific journey, however. Warshel saidhe had been convinced of the case for using computers tosimulate chemical reactions since 1975 but did not know if hewould live to see it adopted.
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The rating agency's data show that European five-yearcumulative default rates from 1985 to 2012 were 1.9% for A ratedentities, 1.7% for Baa, 5.8% for Ba (the highest rating categoryfor junk) and then jumping to 20.8% for Single Bs and again to45.2% for Triple Cs.
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Oracle said on Wednesday new software sales and Internet-based software subscriptions rose 4 percent to $1.7 billion in its fiscal first quarter which ended in August, in line with its own forecasts. Analysts on average had expected about $1.63 billion, Ives said.
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