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Earnings will enter a recession, says Wunderlich Securities' Art Hogan, but drastically lowered estimates will make it easier for companies to beat targets. Fred Katayama reports.
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Rio's revelers are scaling back on spending ahead of carnival time. As Sonia Legg reports, Brazil is currently mired in an ever deepening recession.
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French carmaker Renault says fraud investigators inspected three of its sites to look into its vehicle emissions technology, news that wiped billions off its market value in an echo of the scandal engulfing German rival Volkswagen. Joel Flynn reports.
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Three tickets will split the $1.6 billion Powerball jackpot, the largest ever U.S. lottery prize. Customers at a 7-11 in California celebrated as if they'd won. Fred Katayama reports.
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New Delhi, Jan 14 (ANI): Trading at the Bombay Stock Exchange today closed 81.14 points down to stand at 24,772.97. At the National Stock Exchange the Nifty closed25.60 points down to stand at 7,536.80. Redington (India) Ltd and Fortis Healthcare Ltd were
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Share markets and heavily commodity-dependent currencies took a fresh beating on Thursday, having been floored again by the latest plunge in oil prices, this time to below $30 a barrel. Joel Flynn reports.
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British fashion brand Burberry has posted a 1 percent rise in third-quarter sales buoyed by growth in China. But as Hayley Platt reports the outlook for the luxury sector remains uncertain.
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Lottery officials draw the winning numbers for the biggest-ever $1.5 billion Powerball lottery jackpot. Rough cut (no reporter narration).
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U.S. stocks tumbled to levels not seen since September on nervousness over falling oil prices and U.S. earnings. Bobbi Rebell reports.
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General Motors shares rose after the automaker increased its stock buyback program by eighty percent, and lifted its profit forecast. Bobbi Rebell reports.
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The Rams are moving to Los Angeles, tempted by prospects of bigger revenue from naming rights, TV and hosting of the Super Bowl. Fred Katayama reports.
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Dissident Chinese artist Ai Weiwei publishes photos of himself with Lego hanging off his moustache and beard. As Rosanna Philpott reports he's celebrating the toymaker's decision to back down on rules that blocked his bulk order of bricks.