Microsoft on Wednesday pledged $500 million for loans and grants aimed at ramping up construction of affordable housing in the Puget Sound area of Washington state where the US technology giant has its home. "In

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India's environmental court Thursday threatened Volkswagen executives with arrest and gave the German automaker a day to pay $14 million for violating pollution norms by fudging emission tests. The "Dieselgate" scandal, which saw VW cheat

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The Canadian statistical agency said Thursday the US government shutdown is having impacts beyond its borders, stemming data sharing and forcing Ottawa to suspend publication of trade figures. The United States is Canada's largest trading

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While it is too soon to gauge the economic damage from the US government shutdown, the longer it continues the worse it will be, the International Monetary Fund warned Thursday. The shutdown that has left

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The number of Americans filing applications for jobless benefits unexpectedly fell last week, pointing to sustained labour market strength that should continue to underpin the economy. Other data on Thursday showed factory activity in the

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Tokyo stocks closed lower Thursday, weighed down by a firming yen, but banking shares gained to provide some support for the overall market. The benchmark Nikkei 225 index dropped 0.20 percent, or 40.48 points, to

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US stocks eked out gains on Thursday to consolidate near a one-month high, helped by advances in healthcare and industrial shares and as the financial sector shrugged off Morgan Stanley's disappointing earnings. Shares of the

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Wall Street's major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment. Goldman Sachs shares surged 9.5 percent, providing the greatest boost

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Indian shares ended the session nearly unchanged on Thursday, as gains in IT and financials stocks were offset by losses in healthcare and consumer stocks, while investors marked time ahead of corporate earnings. The benchmark

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US Treasury yields rose on Wednesday as stronger-than-forecast results from two major US banks lifted Wall Street to one-month highs and British Prime Minister Theresa May's win of a confidence vote, reducing safety bids for

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