Archive for the February 20, 2018
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US fast-food chain KFC said Monday it had shut hundreds of UK stores as German delivery supplier DHL left them short of fowl and customers without their "fried chicken fix". KFC said that more than
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Bill Gates says he has paid more than $10 billion in taxes over a lifetime but billionaires like him should pay "significantly" more because they benefit more from the system. The Microsoft co-founder, the world's
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Israel has struck an "historic" contract for sales of billions of dollars' worth of natural gas to Egypt, Prime Minister Benjamin Netanyahu announced Monday. "This will bring billions of dollars to state coffers," he said
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Global banking regulators signalled on Monday they were in no rush to adapt their rules to financial technology firms that have begun nibbling away at banks' markets. The regulators looked at how fintechs could disrupt
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The European Central Bank said Monday it has frozen payments by the third-largest bank in tiny Baltic state Latvia, as its finances have deteriorated in the wake of money laundering allegations from Washington. "Temporarily, and
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EU Economic Affairs Commissioner Pierre Moscovici said Sunday he does not expect a "perfect" accord on reforming the single currency at an EU summit in June. "We won't get everything, we won't have a perfect
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Thailand's economy posted its strongest growth in five years last year, with solid exports and tourism giving the government confidence to maintain the country's growth outlook for 2018. While the economy grew slightly less than
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Hyperloop One, the futuristic transport startup backed by British tycoon Richard Branson, has announced plans for a superfast rail network linking India's financial capital Mumbai to the city of Pune. The proposed hyperloop - which
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Buoyant sales of cars and electronics led Japan's exports to a 14th straight month of growth in January but manufacturers' business confidence slid - highlighting fears of the rising yen disrupting an export-led recovery. The
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About 224 million people are under-nourished in Africa as climate change and conflicts heighten food insecurity across the continent, a top UN food agency official said Monday. The official, speaking at a conference on Africa
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