Google's global service blocked in China?
US search engine Google has come under fire for launching a censored Chinese-language site called Google.cn, which remains available in China while the international Google.com appears to be blocked. Google.cn is censored according to the wishes of China's propaganda chiefs. "Google has just definitively joined the club of western companies that comply with online censorship in China," Reporters Without Borders said on Wednesday.
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Mittal may hike Arcelor bid
Luxembourg: Even as Arcelor gets ready to officially reject Mittal Steel's hostile takeover offer on Monday, the world's largest steelmaker owned by Lakshmi Mittal has indicated it may be ready to hike its bid for the European firm again.

Arcelor has fought against an offer by Mittal, which became official on May 18 and was raised a day later to €25 billion ($32.4 billion). On May 26, Arcelor announced plans to acquire the Russian steel group Severstal in what analysts said was a bid to become too large for Mittal to swallow.

Under the terms of their merger, Arcelor is to buy Severstal in a $15.3-billion transaction but Mordashov would end up with a stake of 38 per cent.
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