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400,000 VW cars in the UK need fuel injectors fixing

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Around 400,000 Volkswagen vehicles in the UK require fuel injectors fixing, VW's UK boss Paul Willis said. He told a committee of MPs that the recalls...
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Dell to buy EMC for $67 billion in record tech deal

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Dell Inc., an American privately owned multinational computer technology company, announced it has agreed to purchase EMC Corp, a US multinational data storage company...
Blue Brain project

Digital piece of rat brain reconstructed in a super computer by scientists

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The best way to find out how something works is to take it apart and then try to put it all back together again....
Facebook

Facebook paid £4,327 UK tax, vs £5,392.80 per British employee

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Social network multinational giant Facebook paid only £4,327 ($6,642) in corporation tax last year, according to its latest Companies House filing in the UK. While...
Nobel Prize

Angus Deaton awarded Nobel Prize in Economic Sciences 2015

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The Royal Swedish Academy of Sciences has awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2015 - i.e....
Pay Packet

Private sector pay growing at 15-year high, UK

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Private sector pay in the UK has grown this year at its fastest rate since the early 2000s, i.e. a fifteen-year high, according to...
Climate Change

Climate change denial may become illegal

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Climate change denial may become illegal if the courts have their way, according to newspaper reports that a group of top judges have got...
Tesco

Tesco launches price-matching scheme amid price war

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Tesco, the UK’s largest supermarket chain, is launching a price-matching scheme called Brand Guarantee that will give consumers instant price cuts on branded goods. The...
Canada

Canada adds 12,000 jobs to economy, but unemployment rate rises

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Although the Canadian economy added 12,000 jobs (or +0.1%), as more people entered the labor force, its unemployment rate increased by 0.1 of a...
north sea

Ineos acquires major share of North Sea gas fields for $750 million

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Ineos, the Swiss chemicals giant that controls Grangemouth, has bought a major share of North Sea gas fields from DEA Group for $750 million. A...