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Three hurt as plane skids off runway in western Indonesia

At least three people were injured when a plane carrying more than 170 passengers reportedly skidded off a runway in…

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China stops Shenzhen residents' unlimited entry to Hong Kong

China has stopped issuing multiple entry visas to Shenzhen residents for entering Hong Kong, media reports…

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Lyon-Turin rail project: EU starts investigation into fraud allegation

The European Union (EU) has launched a probe into the Lyon-Turin rail project following allegations of misspending by Green MEPs…

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Japanese economy shrinks 1.8% in April-June period

The Japanese economy shrank 1.8% from April to June, doing worse than expected and raising questions about Prime Minister Shinzo…

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Thanksgiving shopping banned in three states

Thanksgiving shopping won't be creating a fuss in three New England states since shopping on both Christmas and Thanksgiving has…

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Brazil mining disaster: Judge freezes assets of BHP Billiton and Vale SA

The Brazilian assets of BHP Billiton and Vale SA have been frozen after a judge determined that the two mining…

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Brazil's president replaces pro-austerity finance minister Joaquim Levy

Brazil’s finance minister Joaquim Levy has been replaced following disagreements with President Dilma Rousseff and the ruling…

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China: Police detain billionaire Guo Guangchang

Chinese billionaire and high-profile entrepreneur Guo Guangchang has been detained by the police, reports say. His firm, Fosun International, confirmed…

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Mine disaster: Brazil government to sue mining firms BHP and Vale for $5bn

Brazil is suing mining firms BHP Billiton and Vale for $5.2 billion following the collapse of a…

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$50bn Nicaragua canal delayed as Chinese businessman's fortunes collapse

The $50 billion Nicaragua canal project has been delayed after the Chinese businessman behind it suffered a collapse in his…

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European banks sitting on bad debts of €1tn, says report

Banks in Europe are sitting on a mountain of bad debts worth a whopping €1 trillion, and…

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Syngenta 'turns down $42bn offer' by state-owned Chinese firm

Swiss pesticide giant Syngenta has reportedly turned down a $42 billion takeover bid from China National Chemical Corp in what…

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Brazil mine disaster: President Rousseff announces initial fine of $66mn

Shares in BHP Billiton have plunged to a ten-year-low after the Brazil government slapped an initial fine…

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China Singles' Day: Shoppers spend $9.3bn in 12 hours

Shoppers in China splurged more than $9 billion in the first 12 hours of the Singles’ Day…

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China: Central bank cuts key interest rate to 4.35%

The Chinese central bank has cut its one-year benchmark interest rate by 0.25 percentage points to 4.35 per cent. The…

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Twitter boss Jack Dorsey shares $197mn of stock with staff

Jack Dorsey, the co-founder and chief executive of micro-blogging site Twitter, has declared that he would give one-third of his…

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'Standard Chartered to slash 1,000 jobs'

Standard Chartered bank may slash up to 1,000 senior jobs, media reports say. The move by the London-based firm is…

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Emissions scandal: Volkswagen halts sales of some cars in Australia

Carmaker Volkswagen has suspended the sale of some diesel car models in Australia amid the emissions scandal.…

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Switzerland bans sale of Volkswagen models

Switzerland has temporarily halted the sale of diesel-engine models of Volkswagen (VW) that could have devices with…

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US: Volkswagen ordered to recall half-a-million cars

US regulators have ordered Volkswagen to recall 500,000 cars that have a device which hides the pollution levels. The device…

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