WASHINGTON (Reuters) – Can money really make you happy? Not really, but up to about $75,000 a year can ease the pain of life's stresses, U.S. researchers reported on Tuesday. A survey of 1,000 Americans shows they are overall fairly happy, and more money equals more satisfaction up to a point, Daniel Kahneman and Angus
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BERLIN (Reuters) – A German dairy farmer has come up with a novel way to drum up new business — he opened a "milk filling station." The "Milchtankstelle" near Cologne in the town of Neunkirchen-Seelscheid dispenses the output of 78 cows from a stainless steel vending machine. Customers can either bring their own empty containers
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(Reuters Life!) Children aged four and under who get less than 10 hours of sleep a night are nearly twice as likely to be overweight or obese five years later, according to a U.S. study. Researchers from the University of California and University of Washington in Seattle looked at the relationship between sleep and weight
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Real GDP growth in the second quarter was revised up slightly to 0.5% over the year earlier according to full data published on Wednesday. The previous flash estimate had reported a decline of 0.2% over the same period of the previous year. Growth in the January-March quarter is now estimated at 0.4% over the previous
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– By Dave Graham, Reuters The Bundesbank's decision to ask the German president to dismiss a divisive board member has put him and his ally Chancellor Angela Merkel in a jam: they'll be damned if he does, and damned if he doesn't. Central banker Thilo Sarrazin has exposed deep rifts in Germany over the integration
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Newly appointed Greek Foreign Minister Demetris Droutsas said here Wednesday that his two-day visit to Cyprus aims at conveying the message that the Cyprus issue remains a top priority for the Greek foreign policy. Speaking at Larnaka airport shortly after his arrival Wednesday afternoon, Droutsas said that during his term in office, he will work
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— New joint chairman “in a few days” — The government is going ahead with plans to merge the island’s two ailing airlines, state-controlled Cyprus Airways and state-owned charter operator Eurocypria, with a new joint chairman expected to be appointed within the next few days. Bank of Cyprus Group Senior General Manager Vassos Shiarli has
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— Investors take control in deal worth €36 mln — BLC Bank, one of the oldest financial institutions in Lebanon with 35 branches across the country, is expected to buy all the shares in usbbank in a deal estimated at 36.4 mln euros. Initial reports suggested that BLC was looking to acquire a controlling stake
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China Mobile shares fell the most in a year after Vodafone sold its stake in the company for $6.5 bln, nearly double what it paid, but analysts expect the stake sale to have no major impact on the Chinese firm. Vodafone's lock-up period on its 3.2% stake in the world's largest mobile carrier by subscribers
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European shares rose on Wednesday, as BP lifted oil majors after it released a report into its Gulf of Mexico oil spill, offsetting falls in banks on concerns over the financial sector's resilience. Traders also cited the results of a Portuguese bond auction as helping bolster sentiment. The premium investors demand to hold Portuguese government
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