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Consumer inflation shot up in July as rising gasoline prices pinched drivers' wallets from coast to coast.
Now the startup founded by two Chinese veterans of American tech firms is preparing to follow Google's example with an initial public offering in the United States, hoping to raise $45 million.
Wal-Mart Stores Inc. raised its forecast for June same-store sales, citing demand for seasonal and general merchandise.
With $60 no longer a threshold - and with continued concerns about refining capacities - prices appeared set to go even higher, analysts said.
Entrepreneurs grumble that executives pander to big-ticket electronics vendors and industrial manufacturers - not the teddy bear enthusiasts and numismatists who were faithful a decade ago, when eBay was founded and enjoyed a kitschy obscurity. They complain about shoddy customer service, including site crashes and anti-fraud software that too often mistakes a legitimate business for a huckster.
The anticipated increase would bring the official quota to 28 million barrels per day - a symbolic gesture, analysts said, since the cartel is already pumping that much. Including Iraq, which is not bound by the official quota, OPEC's daily output was 29.3 million barrels a day in May, according to the International Energy Agency.
The April figure was also better than the 4.5 percent forecast by economists surveyed by Dow Jones Newswires.
Beer-swilling Britons face a sobering prospect: an unhappy hour. A group representing about half the country's pubs and bars said Monday it is curbing Happy Hour offers and other deals that encourage irresponsible drinking, a British pastime that has come under increasing attack from the government.
Bahrain has its own agreement awaiting U.S. Congress ratification. Two other members of the six-state Gulf Cooperation Council -- Oman and the United Arab Emirates -- have started talks on free trade deals with the U.S.
Nicole Kidman and Sean Penn's "The Interpreter" translated into solid box-office as the United Nations thriller debuted with $22.8 million to top the weekend for Hollywood.
The "MareNostrum," built by IBM Corp., boasts 40 teraflops of speed. It can make more calculations in one second than a human pecking at a calculator could make in 10 million years.
Shares in Lenovo Group, the largest Chinese maker of personal computers, rose Thursday after three buyout funds bought a stake in the company for $350 million.
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