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Business News Stories

Samsung launches Galaxy S8 and dreams of recovery from Note 7

By Se Young Lee Samsung Electronics Co Ltd (005930.KS) unveiled its Galaxy S8 flagship smartphone as it battles to regain the market leadership it lost to Apple Inc (AAPL.O) after the embarrassing withdrawal of the fire-prone Note 7s. Boasting some … Continue reading

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Santander to pay $22 million to resolve subprime auto loan probes

A woman walks past Santander bank branch in Rio de Janeiro October 7, 2009. REUTERS/Sergio Moraes

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OPEC compliance with oil curbs rises in March as UAE joins cut: survey

Vehicles queue for petrol at an Emarat gas station in Dubai June 23, 2011. REUTERS/Jumana El Heloueh

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China's first-quarter GDP growth seen at 6.8 percent: government think tank

A Chinese flag is seen near a construction site in Beijing’s central business area, China, January 17, 2017. REUTERS/Jason Lee

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Kushner, Anbang end talks to redevelop Manhattan office tower

Kushner Companies, the real estate firm formerly headed by President Donald Trump’s son-in-law, said it has dropped out of talks to redevelop its flagship New York office tower with China’s Anbang Insurance Group [ANBANG.UL]. The two companies, which had been … Continue reading

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Japan ruling party urges strike capability amid N. Korea threat

Japan’s ruling party said Wednesday the government should consider developing the capability to strike enemy bases if the country is attacked, citing North Korea’s missile and nuclear threats. For years Tokyo has harboured deep suspicion of Pyongyang and seen itself … Continue reading

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Ford says it will spend $295 million on two new recalls

A Ford logo is seen during preparations for the 2014 LA Auto Show in Los Angeles, California November 18, 2014. REUTERS/Lucy Nicholson

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Pending home sales surge to 10-month high

A home for sale sign hangs in front of a house in Oakton in Virginia March 27, 2014. REUTERS/Larry Downing

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Wall Street flat; Fed officials in focus

By Yashaswini Swamynathan U.S. stocks were little changed on Wednesday as investors awaited comments from a host of Federal Reserve officials for clues on the number of interest rate hikes this year. Chicago Fed President Charles Evans, who has consistently … Continue reading

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Brexit's cliff edge: 'business as usual' not an option

European Union and British Union flags are seen blowing in the wind in London, Britain, March 20, 2017. REUTERS/Toby Melville

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