Archive for the May 13, 2017
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Australia will drug test the newly-unemployed as part of a crackdown on people who blow their benefits on getting high, with data from sewage used to identify which hot spots to target, officials said Thursday.
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Russian state oil firm Rosneft is struggling to close its $12.9 billion acquisition of India's Essar Oil Ltd because six of Essar's Indian creditors have yet to approve the deal, sources close to the talks
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Retail sales in Brazil unexpectedly fell in March at the steepest monthly rate in 14 years, strengthening bets on a bolder interest rate cut at the end of this month. Sales volumes excluding cars and
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German logistics group Deutsche Post said Thursday it was confident of meeting its objectives for the year, insisting that business was strong in the first quarter, even if its bottom line fell. Deutsche Post said
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German logistics group Deutsche Post said Thursday it was confident of meeting its objectives for the year, insisting that business was strong in the first quarter, even if its bottom line fell. Deutsche Post said
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The Philippine central bank left policy rates unchanged on Thursday in a widely expected move, saying inflation posed little threat even as the economy is set to sustain its strong growth momentum. The Bangko Sentral
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German high-end carmaker BMW issued a veiled warning on Thursday that a bad Brexit deal could see Mini production leave Britain, calling for "pragmatism" from London and Brussels in EU exit talks. "We hope for
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The German economy defied increased political risks and picked up speed in the first quarter of 2017 as companies invested more, consumers and the state continued to spend and exports soared despite the threat of
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Tarnished banking giant Wells Fargo said Thursday it will cut an additional $2 billion in costs each year as it aims to restore its reputation following a fake bank accounts scandal. The leader in mortgage
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IMF chief Christine Lagarde on Friday urged eurozone lenders to cut Greece some slack on its debts, as hopes rose that a deal on easing repayments could be wrapped up later this month. The International
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