The paper said the bank is interested in buying all or part of the stricken track and signal operating company, and has been in touch with the Strategic Rail Authority (SRA) and the rail regulator.

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We call that operating system elastic to signal the way that it breaks with the scale economics of the 20th and early 21st centuries.

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Battery power consumption depends on factors such as network configuration, signal strength, operating temperature, features selected, vibrate mode, backlight settings, browser use, frequency of calls and voice, data and other application usage patterns.

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But Cher recently indicated that the company could at some point decide to buy an operating system of its own, perhaps a signal to Google that it had better watch its step.

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This has to be taken as a signal of increased confidence that the Chinese economy is robust and operating off a broad enough base to be able to manage a stronger currency.

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