Timberwolves overcome lost Love to clip Hawks

(Reuters) - The Minnesota Timberwolves coped with the absence of head coach Rick Adelman and All Star forward Kevin Love to beat Atlanta 108-103 on Tuesday, ending a near seven-year winless run against the Hawks.Timberwolves coach Adelman missed the game for personal reasons, while Love is out indefinitely after reinjuring his right hand last week, but the home team still had enough beat the Hawks...

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FedEx: cost plan can counter sluggish growth

NEW YORK (AP) — FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings.The world's second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country.Its forecast for the current quarter, which incorporates the critical holiday...

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FedEx says it can grow by cutting costs

NEW YORK (AP) — FedEx may be pessimistic about the U.S. economy, but it's confident about growing its earnings.The world's second-largest package delivery company, a bellwether for economic health because of the vast number and kinds of shipments it handles, lowered its economic forecast for the U.S., saying there remains a lot of uncertainty for the country.FedEx maintained its earnings forecast...

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Burundi tea earnings rise 27 pct in November on high prices

UJUMBURA (Reuters) - Burundi's tea export revenues rose 27 percent in November from the same month last year thanks to a stronger regional market, a tea board official said on Thursday.The state-run tea board (OTB) said it collected $1.80 million from the sale of 589,907 kg, up from $1.42 million earned in November 2011 from the export of 563,140 kg."Supplies of the commodity in the region were low...

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Violence in Syria rages ahead of Assad speech

Fighting between Syrian rebels and government forces raged across the country hours before President Bashar Assad is expected to address the nation on Sunday in his first public appearance in two months, activists said.The Britain-based Syrian Observatory for Human Rights said rebels fighting to topple the Assad regime have clashed with troops in the southern province of Daraa, the birthplace of the...

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Syrian president says he is fighting jihadists

 Syrian President Bashar Assad says his country is being subjected to an unprecedented attack and says the conflict can only be solved through a popular movement.Assad spoke Sunday in a rare speech addressing the nation, his first since June.As in previous speeches, he said his forces were fighting groups of "murderous criminals" and jihadi elements and denied there was an uprising against his...

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Assad outlines new Syria peace initiative

 Syrian President Bashar Assad has outlined a new peace initiative that includes a national reconciliation conference and a new constitution.Assad, however, says the initiative can only take roots after regional and Western countries stop funding what he called militant extremists fighting to overthrow him.Assad spoke Sunday in a rare speech addressing the nation, his first since June.As in previous...

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