No change to inflation measure

10 January 2013 Last updated at 03:55 ETThere will be no change to the way the retail prices index is calculated, the Office for National Statistics (ONS) has decided.After a three-month consultation, the ONS has decided not to bring the RPI more into line with the slower rising consumer prices index (CPI).Instead, a new additional index of inflation will be created.However, the RPI will continue...

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Pilot Gold Sells Regent Property to Rawhide Mining, Strengthens Treasury

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan 10, 2013) – Pilot Gold Inc. (PLG.TO) (“Pilot Gold” or the “Company”) has signed and closed a definitive purchase agreement (the “Agreement”) to sell 100% of its Regent exploration property (“Regent”, or the “Property”) to Rawhide Mining LLC (“RMC”) for $ 3 million in cash.Pilot Gold will retain a net profits royalty of 15% on the Property and is entitled...

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US STOCKS-Futures gain as China data points to growth

NEW YORK (Reuters) - U.S. stock index futures rose on Thursday, alongside other risk assets, as stronger-than-expected exports in the world's second-biggest economy, China, raised hopes for a more robust recovery in the global economy this year. Data showed China's export growth rebounded sharply to a seven-month high in December, a strong finish to the year after seven straight quarters...

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Junior Seau had brain disease CTE

Junior Seau, one of the NFL's best and fiercest players for nearly two decades, had a degenerative brain disease when he committed suicide last May, the National Institutes of Health told The Associated Press on Thursday.Results of an NIH study of Seau's brain revealed abnormalities consistent with chronic traumatic encephalopathy (CTE).The NIH, based in Bethesda, Md., conducted a study of three unidentified...

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Karzai's U.S. visit a time for tough talk

The last time Presidents Obama and Karzai met was in May in Kabul, when they signed a pact regarding U.S. troop withdrawal.STORY HIGHLIGHTSAfghan President Karzai meeting with President Obama in Washington this weekFelbab-Brown: Afghan politics are corrupt; army not ready for 2014 troop pulloutShe says Taliban, insurgents, splintered army, corrupt officials are all jockeying for powerU.S. needs to...

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TV drama production in L.A. plunges by 20% in 2012

LOS ANGELES (TheWrap.com) – The filming of TV dramas and reality shows in Los Angeles plummeted in 2012, according to figures released Tuesday by FilmL.A., the non-profit agency that coordinates location shoots in the region.TV drama shoots were off by 20 percent from 2011, while the filming of reality shows dropped by 11.8 percent. Those numbers overshadowed the report’s good news on overall location...

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German industry production up less than expected

BERLIN (AP) — Industrial production in Germany, Europe’s biggest economy, rose less than expected in November and not enough to offset a substantial fall the previous month.The Economy Ministry said Wednesday that production increased by 0.2 percent compared with October, well short of the 1 percent gain economists had expected. The previous month’s decline was revised to 2 percent from the initial...

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5 cars to buy with a big bonus from the boss

Cars to buy with your bonusSurprisingly, there are still companies that pass out year-end cash bonuses, and it’s in that spirit that Bankrate assembled a list of the five best cars to buy with a big bonus.Not all bonuses are created equal. Consequently, each of the five cars represents an ascending bonus range. Because bonus earners might want to pay cash for their car, the manufacturer’s suggested...

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Global shares buoyed by Alcoa earnings, dollar gains on yen

LONDON (Reuters) - World shares staged a modest recovery from two days of losses on Wednesday after aluminum giant Alcoa opened the U.S. earnings season with an optimistic outlook for world demand. However, with European and British central banks due to hold policy meetings on Thursday, the same day Spain will test demand for its debt and China releases its latest trade data, investors...

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Judgment day for Bonds, Clemens, Sosa at Hall

NEW YORK (AP) — Judgment day has arrived for Barry Bonds, Roger Clemens and Sammy Sosa to find out their Hall of Fame fates.With the cloud of steroids shrouding many candidacies, baseball writers may fail for the only the second time in more than four decades to elect anyone to the Hall.About 600 people are eligible to vote in the BBWAA election, all members of the organization for 10 consecutive...

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