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Page last updated at 23:49 GMT, Sunday, 11 May 2008 00:49 UK
China Eastern plane
China launches a new plane maker to one day compete with Boeing and Airbus, state media report.

Rupert Murdoch's News Corporation withdraws a $580m bid to buy the US newspaper Newsday.
US advocacy groups urge regulators to block any deal Google and Yahoo might strike after a two-week experiment.

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