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World shares rose on Friday as investor appetite for risky assets got a boost from soft U.S. inflation numbers, helping soothe worries that the Federal Reserve might step up the pace of its rate hikes. And, as Ciara Lee reports, oil prices steadied near 3
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As flat prices soar in Hong Kong, investors have begun parking money in car spaces. Prices for parking spots is booming, and the price rise is being fueled by a surge of cars on Hong Kong’s roads along with a red-hot housing market that pushes inves
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The music of embattled R&B singer R. Kelly has been removed from Spotify’s owned and operated playlists, after the company announced a new hate content policy. Jillian Kitchener reports.
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New Delhi, May 11 (ANI): Wall Street jumped as tepid inflation data eased worries of faster interest rate hikes this year. Weak inflation data fueled buying on Wall Street with tech and telecom stocks leading the way. The Dow rose for a sixth straight ses
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Wall Street jumped on Thursday as tepid inflation data eased worries of faster interest rate hikes this year. Fred Katayama reports.
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The Federal Communications Commission said in a notice that the landmark 2015 U.S. open-internet rules will cease on June 11. Aleksandra Michalska reports.
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Ford has temporarily stopped producing its F-150 trucks because it run out of parts after a fire at a key parts supplier for the best-selling vehicle in the U.S. Aleksandra Michalska reports.
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New Delhi, May 10 (ANI): World stocks hit a three-week high on Thursday and turned positive for the year as rising oil prices gave energy firms a shot in the arm that countered the effects of increased political uncertainty. No surprise then that the pros
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The Bank of England held interest rates steady on Thursday and said weak growth during a snowy start to 2018 was likely to be temporary, but it wanted to be sure the economy was picking up in coming months before raising borrowing costs. David Pollard rep
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Rolls-Royce is launching its first ever SUV. The Cullinan is described as a contemporary and functional design to compete in what the luxury carmaker calls "an increasingly bland SUV market." But, as Ciara Lee reports, it’s high price tag
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U.S. tariffs announced in March are already raising canning costs for food producers. As Fred Katayama reports, those costs could get passed down to consumers.
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Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of cash to UK taxpayers who bankrolled its post-crisis surv