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BT will cut 13,000 managerial and back-office jobs and move to a smaller London base in the latest attempt by the boss of Britain's biggest telecoms group to rebuild from an accounting scandal and downturn in trading. As Ciara Lee reports, the foreca
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New Delhi, May 10 (ANI): American electronic commerce company Amazon teamed up with home construction and real estate company Lennar to set up model "smart" homes across the United States for shoppers to experience its voice assistant Alexa. Asi
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Amazon and China's DJI didn't make the cut for the U.S. Department of Transportation drone pilot. Jane Lee reports.
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Wall Street rallied on Wednesday as surging oil prices boosted energy stocks. Fred Katayama reports.
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Amazon has set up model "smart" homes across the United States for shoppers to experience how Alexa works. Aleksandra Michalska reports.
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Walmart will pay $16 billion for a roughly 80 percent stake in Indian online marketplace Flipkart as it opens up another front to battle Amazon in one of the world's fledgling e-commerce markets. Aleksandra Michalska reports.
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Argentina is seeking a financing deal with the International Monetary Fund to stabilise its finances after two weeks of financial market volatility that saw the peso hit new lows and the central bank jack interest rates up to 40 percent. As David Pollard
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Supermarkets around the world are struggling to develop a sustainable system that delivers food to customers. In the last six months three of the biggest have turned to Ocado, set up by three former Goldman Sachs bankers 18 years ago. Scarlett Cvitanovich
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Takeda Pharmaceutical hopes that their $62 billion deal to purchase Shire will make them a global bio-pharmaceutical leader. But as Silvia Antonioli reports, it comes with a heavy debt burden.
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America's withdrawal from the Iran nuclear accord signals the collapse of $38 billion in plane deals between Tehran and Western companies and leaves Airbus facing greater risks than arch-rival Boeing, according to people involved in the deals. David
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Vodafone Group has agreed an 18.4 billion euro ($21.8 billion) deal to buy cable TV company Liberty Global's operations in Germany, Czech Republic, Hungary and Romania. Silvia Antonioli reports.
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The move by U.S. regulators to add EpiPen to the drug shortage list came on the same day Mylan's quarterly revenue disappointed Wall Street. Fred Katayama reports.