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Britain’s EU envoy abruptly resigns just months before formal Brexit talks
Britain’s ambassador to the European Union, who sometimes clashed with London over its approach to Europe, abruptly resigned less than three months before Prime Minister Theresa May is due to trigger...
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Dollar, stocks up on upbeat data; oil falls
The U.S. dollar touched a 14-year high boosted by strong data, while upbeat figures out of China and Europe lifted debt yields and major stock markets got off to a higher start in the new year. Crude...
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UK manufacturing growth unexpectedly hits 2-1/2-year high – PMI
British manufacturing growth climbed to a two-and-a-half-year high last month, fuelled by new orders from both home and abroad and adding to signs the economy ended 2016 strongly, a survey showed on...
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Gunman in Istanbul nightclub attack may have trained in Syria
The gunman who killed 39 people in an Istanbul nightclub on New Year’s Day in an attack claimed by Islamic State appears to have been well versed in guerrilla warfare and may have trained in Syria, a...
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Rising inflation hurts outlook for UK households – survey
Rising inflation weighed on the financial outlook of British households in January, a survey showed on Wednesday, an early sign that price pressures caused by sterling’s fall after the Brexit vote may...
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Public finances ‘unsustainable’ says OBR
The chancellor is likely to find it impossible to balance the books in the years ahead without increasing taxes or cutting spending, the Office for Budget Responsibility (OBR) has warned. The OBR said...
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UK consumers to be more cautious spenders, GDP growth to slow – Reuters poll
British consumers will be cautious about spending this year as inflation soars, but the country will avoid recession as the Bank of England is expected to maintain its ultra-easy policy stance, a...
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Fed could take the wheel from Trump and drive markets this week
The Federal Reserve could rival the White House as a source of volatility in the week ahead. Since he was elected, President Donald Trump has taken the driver’s seat for markets, pushing the obsessive...
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I took a trip to Mars in 2117 and it was exactly like ‘Star Wars’
The skies are different shades of red while my space pod narrowly avoids a larger flying vehicle above. A gold monument adorns a large white plaza where thousands of humans are walking around. A...
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Banks likely to slash interest rate on savings accounts and deposits this fiscal
It’s raining bad news for small savers and depositors as interest rates on savings and bank deposits are set to trend lower in the new fiscal. The government has announced lowering of interest rates...
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Handset companies may gain under GST too
NEW DELHI: The government appeared to be working towards creating alternative solutions to continue duty differential such that making mobile phones in India remains an attractive proposition even...
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Currency misalignment gains stature in Trump trade plans with China
President Donald Trump promised to label China a currency manipulator on his first day in office, but after 77 days, his administration is touting a new term: “currency misalignment.” An...
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Will shaky finances further delay I 69 work
Despite the rocky finances of the parent company of the lead contractor on key section of I-69 through Bloomington, the state says it has not changed its plans to pay I-69 Development Partners in...
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Right time to use huge bomb in Afghanistan – U.S. general
The top U.S. military commander in Afghanistan said on Friday the decision to deploy one of the largest conventional bombs ever unleashed in combat was a purely tactical decision made as part of the...
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9 steps to spring clean your finances
you’re about to cash a hefty check or you are gearing up to pay back Uncle Sam, all of the number crunching, receipt sifting and trips to your accountant’s office serve as a polite reminder that...
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Money Milestones: This is how your finances should look in your 40s
Danny Kofke, a 41-year-old middle-school teacher outside of Atlanta, often looks at a picture of a family trip to Disney World from a few years ago — to him, it exemplifies what he’s working toward in...
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Money Milestones: This is how your finances should look in your 50s
On the first day of this year, tech executive and author David Bressler had a note on his calendar to start contributing more to his retirement accounts. Bressler is turning 50 later this year but...
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Finances ‘messier than a pit latrine’, DA MP claims
Water and Sanitation Minister Nomvula Mokonyane’s budget vote very nearly did not get the buy-in from the portfolio committee – its financial state was described as messier than a pit latrine by an...
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Manager of the world’s largest hedge fund is getting increasingly worried...
Bridgewater Associates founder Ray Dalio said Monday he is increasingly worried about President Donald Trump’s actions and policies. “The more I see Donald Trump moving toward conflict rather than...
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A Missing Regulation Allowing Online Shopping Sites’ to Play With Refund...
In today’s world of digitisation, online banking has evolved as new normal banking for all of us. With that, everything has been served on a platter. Be it shopping, ticket booking, buying groceries,...
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