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/ 11 January 2007

Avant-garde autos hint at the future

A new electric vehicle, dramatic design cues from staid Asian automakers and space-age innovations sharpened the industry’s cutting edge at the 100th annual Detroit motor show. The historic show took bolder strides into the 21st century while keeping an eye on the need to woo hard-to-please car buyers with less futuristic changes.

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/ 10 January 2007

Husky dogs and pouting models at auto fiesta

From husky dogs on ice to hip-hop violinists, via pouting models and celebrity chefs, the car industry has been true to its attention-grabbing form at the Detroit auto show. The 2007 event marks the 100th year that the fabled "Motor City" is playing host to a celebration of all that is hot, avant-garde and downright weird in the world of automobiles.

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/ 9 August 2006

Two years of US rate hikes ends — for now

The United States Federal Reserve has finally suspended a run of interest-rate hikes stretching back more than two years, explaining that slowing economic growth will vanquish the menace of inflation. But the reprieve for investors, consumers and businesses around the world could be short-lived, economists warn.

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/ 1 February 2006

New Fed chairperson inherits patchy economy

New Federal Reserve chairperson Ben Bernanke got down to work on Wednesday with a parting gift from his illustrious predecessor to cope with a new mood of uncertainty in the United States economy. Bernanke was to be sworn in at a private ceremony in the Fed building at 2pm GMT to succeed Alan Greenspan, who bowed out Tuesday with more one rate hike.