Archive for the January 3, 2017
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Hyundai Motor and affiliate Kia Motors on Monday forecast global sales to rebound in 2017 by a stronger-than-expected 5 percent, after posting their first annual sales fall in nearly two decades last year. Sales could
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Ukraine on Monday reported a one-third drop in its use of natural gas and general energy savings that will be cheered by its financial backers from the International Monetary Fund. The IMF has long identified
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Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin
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Growth in Mexico's manufacturing sector ground to its slowest pace in more than three years in December in the wake of uncertainty hanging over Mexico after the election of Donald Trump as US president, a
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Sri Lanka's 2016 budget deficit is estimated to be better than the International Monetary Fund (IMF)-approved target of 5.4 percent of gross domestic product (GDP), boosted by improved revenue, Finance Minister Ravi Karunanayake said on
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For the first time in more than half a century, Sweden's best-selling car of the year was not a Volvo but the Volkswagen Golf, the Swedish automakers' association said on Monday. The Golf represented 5.9
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Borrowing costs in southern Europe fell to multi-week lows on Monday after strong manufacturing data and a rally in stock markets lifted appetite for lower-rated eurozone bonds. Italy and Portugal were among the poorest performing
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Borrowing costs in southern Europe fell to multi-week lows on Monday after strong manufacturing data and a rally in stock markets lifted appetite for lower-rated eurozone bonds. Italy and Portugal were among the poorest performing
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Last year turned out to be a disappointing one for new drug approvals with the US Food and Drug Administration clearing just 22 new medicines for sale, the lowest number since 2010 and sharply down
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A downturn in Greek manufacturing slowed in December as declines in output and new orders eased, but companies cut jobs for the first time in seven months as backlogs of work shrank, a survey showed
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