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China Manufacturing Sees Gains in February

China's manufacturing gained momentum in February, helped by strength in new orders, export demand and production, a government survey showed, though inflation pressures remain a concern.

The state-affiliated China Federation of Logistics and Purchasing said its purchasing managers index, or PMI, rose 0.5 points to 51.0 from January's 50.5 and December's figure of 50.3 in a third straight month of steady improvement.

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Dubai Shipbuilding Firm Eyes End to Debt Process

Dubai's state-run shipbuilding company says it soon plans to lay out the terms of its $2.2 billion debt restructuring plan and aims to complete the process by July.

DryDocks World and several lenders have been wrangling over the terms of the restructuring for months.

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World Stock Markets Slip as Buying Fervor Cools

World stock markets edged lower Thursday as buying fervor cooled following a string of strong gains.

Benchmark oil slipped below $107 per barrel while the dollar fell against the yen but rose against the euro.

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Oil Falls below $107 amid Weak U.S. Gasoline Demand

Oil prices fell to below $107 a barrel Thursday in Asia after U.S. crude supplies grew more than expected amid weak gasoline demand.

Benchmark oil for April delivery was down 39 cents to $106.68 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 52 cents to $107.07 per barrel in New York on Wednesday.

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Israel Unveils Sophisticated Shelters in Tel Aviv Amid Rising Tension with Iran

Underneath the plaza outside Israel's Habima national theater, Israel has put the finishing touches on a new gathering place that it hopes will never host a crowd: the country's most advanced public underground bomb shelter.

The shelter, four stories underground and with space for 1,600 people, is usually a parking lot. It is also part of Tel Aviv's elaborate civil defense infrastructure. City officials have been beefing up shelters and emergency services in recent months at a time of rising tensions with Iran and militant groups in the Gaza Strip.

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Parachutists Leap Off Tall Buildings for Leap Day

People jumped off tall buildings all around the United States Wednesday, but no one got hurt.

It was all part of a Leap Day promotion being filmed for an energy drink commercial.

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U.S. Muslim Study Finds Jump in American Mosques

The number of American mosques has increased dramatically in the last decade despite post 9/11 protests aimed at Muslim houses of worship, according to a new study.

The new Islamic centers serve Muslims who moved into the suburbs and newer immigrants from Africa, Iraq and elsewhere.

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Queen Elizabeth II to Open 2012 Olympics

Queen Elizabeth II and her husband Prince Philip will open the 2012 Olympics this summer, Buckingham Palace said Monday.

The royal couple will perform this ceremonial role at the 80,000-seat Olympic Stadium when the games begin on July 27.

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'Awake' Keeps Hero, Viewers Guessing at Reality

NBC's new drama "Awake" has the kind of intricate, high-concept premise that can test viewers. But that's nothing compared with what its producers face.

Howard Gordon, a master at juggling challenging plots ("24" and "The X-Files" among them), puts it flatly: "I learned nothing, and nothing I experienced prepared for me this."

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Erykah Badu Sad but Not Angry over Malaysian Ban

Soul singer Erykah Badu said Wednesday she holds no grudge against Malaysia's government for barring her from performing after a photograph of her body art offended some Muslims.

More than 1,500 people had bought tickets to watch the Grammy-winning American singer at a Kuala Lumpur auditorium Wednesday, but Malaysia's information minister announced on the eve of the concert that it could not proceed because a promotional photo of Badu with the Arabic word for Allah painted on her bare shoulders was "an insult to Islam."

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