"For a second consecutive day, stocks on Wall Street powered higher on Friday on optimism generated by a pledge from the European Central Bank chief, Mario Draghi, who vowed Thursday to do whatever …
Soaring Spanish unemployment hits record highs
"Spanish unemployment hit its highest level in the second quarter since the Franco dictatorship ended in the mid-1970s, succumbing to a crisis of confidence among business and consumers that looks …
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Iran-led shipping firm nears collapse due to sanctions
"" Source: Iran-led shipping firm nears collapse due to sanctions | Reuters …
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Yemen on track for WTO entry after Ukraine deal
"Yemen has resolved a months-long spat with Ukraine that had threatened to derail its bid to join the World Trade Organization, the WTO said on Thursday." Source: Yemen on track for WTO entry after …
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Court bans Samsung tablet from sale in Europe
"Samsung has taken another hit from Apple in Europe, thanks to an appeals court in Germany. The court ruled on Tuesday morning that the Galaxy Tab 7.7 indeed infringes upon Apple's design patent for …
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CNOOC to buy Nexen for $15.1 billion in China’s largest foreign deal
"State-controlled CNOOC Ltd launched China's richest foreign takeover bid yet on Monday by agreeing to buy Canadian oil producer Nexen Inc for $15.1 billion, forcing Ottawa to decide whether security …
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South Korea’s President Lee apologizes for graft scandal
"South Korean President Lee Myung-bak issued a public apology on Tuesday for what he said was 'unsavory' conduct by people close to him, two weeks after his brother was arrested in a graft scandal …
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EU: ECB’s Coeure says negative bank deposit rate an option
"Cutting the deposit rate the European Central Bank offers lenders in the euro zone below zero is an option, ECB Executive Board Member Benoit Coeure said on Friday." Source: ECB's Coeure says …
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Blast rocks Egypt’s gas pipeline to Israel, Jordan
"An explosion on Sunday rocked the Egyptian pipeline built to carry natural gas to Israel and Jordan, the 15th time it has been attacked since the start of the uprising in early 2011 that toppled …
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EU wants Google concessions for all platforms: sources
"EU regulators, investigating Google for alleged anti-competitive behavior, want the internet search giant to offer concessions that cover all platforms, including computers, tablets and mobile …
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