French automaker PSA Peugeot Citroen is to shed an additional 1,500 positions by not replacing departing workers, on top of 8,000 job cuts already announced, union sources said on Tuesday. After a meeting with management,

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Delta Air Lines is buying Singapore Airlines' 49 percent stake in Virgin Atlantic Airways, forging a joint venture to expand the carriers' trans-Atlantic network, the companies announced Tuesday. Under the agreement, Delta will invest $360

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Delta Air Lines is buying Singapore Airlines' 49 percent stake in Virgin Atlantic Airways, forging a joint venture to expand the carriers' trans-Atlantic network, the companies announced Tuesday. Under the agreement, Delta will invest $360

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British police and investigators arrested three men on Tuesday on suspicion of manipulating the interbank lending rate Libor, the Serious Fraud Office said. "Three men, aged 33, 41 and 47, have been arrested and taken

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British police and investigators arrested three men on Tuesday on suspicion of manipulating the interbank lending rate Libor, the Serious Fraud Office said. "Three men, aged 33, 41 and 47, have been arrested and taken

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Greece raised 4.387 billion euros ($5.7 billion) at little-changed interest rates on Tuesday with a special bond issue to pay immediate bills amid indications a vital debt buy-back scheme had succeeded, exceeding the target. The

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Greece raised 4.387 billion euros ($5.7 billion) at little-changed interest rates on Tuesday with a special bond issue to pay immediate bills amid indications a vital debt buy-back scheme had succeeded, exceeding the target. The

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Malaysian customs have seized 24 tonnes of unprocessed elephant tusks worth almost $20 million, the largest haul in the country to date, officials said Tuesday. Some 1,500 tusks hidden in two containers were discovered by

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HSBC has agreed to pay a record $1.92 billion fine to settle a multi-year probe by US prosecutors, who accused Europe's biggest bank of failing to enforce rules designed to prevent the laundering of criminal

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The US trade deficit widened in October as exports suffered the biggest drop in nearly four years, indicating slowing global demand was spilling over into the already struggling US economy. The Commerce Department said on

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