Archive for the January 4, 2018
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Dominion Energy Inc said on Wednesday it would buy Scana Corp in an all-stock deal worth about $7.9 billion, offering the troubled utility a way out from dealing with spiraling costs and unhappy customers. Scana,
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Growth in Britain's construction sector slowed last month for the first time since September, as weaker growth in house-building combined with a fall in commercial building and stagnating infrastructure work, a survey showed on Wednesday.
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Spark Therapeutics Inc said on Wednesday it will charge $850,000 per patient for its breakthrough gene therapy to treat a rare form of blindness, a lower than expected price that the company said reflects patient
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Hong Kong's retail sales rose for the ninth month in November in their best growth since February 2015 on strong consumer demand and improved tourism, in particular from mainland China. November retail sales grew 7.5
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Turkish consumer prices rose 11.92 percent in December, official data showed on Wednesday, exceeding Reuters poll predictions and sharply above a government forecast, although below a 14-year peak a month earlier. High inflation is one
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Canada's 100 highest paid CEOs made more than 200 times the income of the ordinary worker in 2016, raking in an average Can$10.4 million ($8.3 million US), a study found Tuesday. The Canadian Centre for
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Sri Lanka's central bank said on Tuesday it had taken action against two distressed financial companies to safeguard the overall financial system. It appointed a panel to manage Swarnamahal Financial Services PLC and its parent
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Brazil's road to economic recovery has passed another milestone with official data showing Tuesday that the country finished 2017 with a record trade surplus 40.5 percent higher than in the previous year. The $67 billion
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A top European Central Bank official on Wednesday called for governments to regulate and tax bitcoin, labelling the cryptocurrency an object of speculation and a tool for money laundering. "One ought to apply what the
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Germany's unemployment rate hit a record low as its jobless total fell more than forecast in December, underpinning a broad-based economic upswing that augurs well for further strong growth in 2018. Consumers in Europe's biggest
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