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Iran's state TV has quoted a Foreign Ministry spokesman as saying crude oil exports to Europe have not yet been cut, reversing earlier reports that Tehran was halting sales to six countries.
A government report says U.S. beef and pork exports hit record highs last year because of stronger demand, particularly in Asian countries.
Networking company Cisco said Wednesday it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.
SOLID GAINS: The German economy, Europe's largest, shrank by just 0.2 percent in the final three months of 2011 and grew by a solid 3 percent for the year as a whole.