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1. Ford sees record China sales (Reuters)
Reuters – Ford Motor Co. said on Monday it had sold 82,225 of its own-brand vehicles in China in 2005, up 46 percent on the previous year as it rode an expanded line-up of models.

2. Cisco Systems to target consumer market: report (Reuters)
Reuters – Cisco Systems Inc. plans to expand its share of the consumer electronics market by selling phones, radios and home theater equipment, the Financial Times reported on Monday.

3. Nokia launches new cameraphone (Reuters)
Reuters – The world’s top handset maker Nokia (NOK1V.HE) launched on Monday a new mid-range folding cameraphone model, the Nokia 6125.

4. Airbus facing pressure to update A340: report (Reuters)
Reuters – European plane maker Airbus is expected to announce record sales and aircraft output for 2005 on Tuesday but could be forced to update the four-engine A340 to fight U.S. rival’s Boeing’s 777, the Wall Street Journal reported on Monday.

5. European car sales end 2005 with a whimper (Reuters)
Reuters – New car sales in Europe fell 3.9 percent in December, ending 2005 on a weak note despite a ferocious price war, a slew of fresh models and strong showings by most Japanese manufacturers, industry data showed on Monday.

6. Analysts: Growing Deficit Hobbles Economy (AP)
The US Federal Reserve in Washington. The United States’ budget deficit for the fiscal year 2006 is now likely to balloon to more than 400 billion dollars, smashing a prior estimate of 341 billion dollars, a top US budget official said(AFP/File/Karen Bleier)AP – Like a person packing on pounds, the United States keeps adding to its flabby budget deficits, endangering the nation’s economic health and the pocketbooks of ordinary Americans. Here’s the worry: Persistent deficits will lead to higher borrowing costs for consumers and companies, slowing economic activity.

7. Stocks flat as Iran concerns offset tame data (Reuters)
Reuters – U.S. stocks ended flat on Friday as profit warnings and concerns about Iran’s threat to halt U.N. nuclear inspections offset a tame inflation reading in a government report.

8. Nikkei ends down, tech rally fades before earnings (Reuters)
Reuters – Japan’s Nikkei share average fell 1.14 percent on Monday as a technology rally fizzled out ahead of earnings in Japan and the United States, while a Deutsche downgrade weighed on consumer finance companies.

9. Fire-hit ASOS back in business, profits on track (Reuters)
Reuters – Online fashion store ASOS Plc , which lost millions of pounds worth of stock in an oil depot fire north of London, has re-opened for business, it said on Monday.