The company's attorney, Kathleen Sullivan, said her client "clearly raised substantial questions" and that the injunction bid should therefore be rejected.

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The earnings reports by technology giants Google ( GOOG) and Apple ( AAPL) clearly have raised the hopes for a further economic recovery.

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But while the stakes have clearly been raised, Mr. Kane played down this London show as a clean break into the big time.

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"Given Ryanair's remedies package clearly addresses every issue raised in the EU's Statement of Objections, any decision to prohibit would be manifestly unfair and in contravention of EU competition rules, " said Ryanair's Robin Kiely.

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This issue was raised early in the speech, even though it is clearly something requiring global cooperation.

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Tech startups raised 72% of all VC money in 2012: clearly, great tech startups do not have trouble raising money from traditional VC sources.

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But given that Casey lives in Arizona and has an American girlfriend and coach, this was clearly a joke, perhaps not the funniest joke, but worth nothing more than raised eyebrows from the American camp.

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And in that case questions must be raised about why the International Accounting Standards Board has been given custody of this issue, which they so clearly fail to comprehend.

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