Reuters

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EMC King Of Storage

Worldwide revenue from data storage systems rose 10.3 percent in the first quarter to $4.2 billion, with the largest and most-expensive systems showing the fastest growth, market researcher IDC reported.
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Retail Sales Jump

Australian retail sales jumped a startlingly strong 1.4 percent in April, defying record petrol prices and heightening the risk that another increase in interest rates might be needed to restrain inflation.