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UK Home Secretary urges tech firms to make their platforms accessible to intelligence services

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After last week’s terrorist attack in London, UK Home Secretary Amber Rudd is urging tech firms to make their platforms accessible to intelligence services. The...
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House price growth losing steam in UK, says Nationwide

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House price growth continued to lose momentum in October, falling to 9% from September’s 9.4%, the second successive month of annual growth decrease, Robert...
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Airbnb raised over $100 million in latest round of funding

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Airbnb, a website for people to list and rent lodging, raised over $100 million in its latest round of funding. The round values the San Francisco-based...

US cheeses are cheap imitations, says the European Union

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US cheeses are cheap imitations and should not be sold using the names of well known European produce, such as Parmesan, Feta and Muenster,...
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Japan’s $140 billion economic stimulus plan

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Japan has unveiled a massive $140 billion (¥21.9 trillion) economic stimulus package aimed at addressing rising costs, boosting wages, and kickstarting the economy. The total...
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Morrisons posts 6.3% sales fall, starts price-matching discounters

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The UK’s fourth-largest supermarket chain Morrisons posted a 6.3% decline in sales. The Bradford-based company has started price matching the discounters in its drive...

Roche Seragon acquisition worth $1.725 billion agreed

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A Roche Seragon acquisition has been agreed by the two companies. Seragon Pharmaceuticals, a San Diego based, privately-held biotech company that is developing small-molecule...
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US GDP growth rate revised down

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The US GDP growth rate during the last quarter of 2013 was 2.4% annualized, much lower than the preliminary 3.2% estimate, says the Bureau...

Tesla to begin delivering Model 3 units in Europe next month

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Tesla expects to start delivering the Long Range Battery version of its Model 3 in Europe next month after getting the green light from...
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China’s credit rating downgraded by Moody’s from Aa3 to A1

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China’s credit rating has been downgraded by Moody's Investors Service for the first time since November 1989, from Aa3 to A1. "The downgrade reflects Moody's...