News

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BlackBerry acquiring Good Technology for $425 million

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BlackBerry Ltd announced on Friday that it is going to acquire Good Technology Corp for $425 million. Good Technology is a mobile security provider headquartered...
car sales

UK car registrations climbed up 9.6 per cent in August

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August was not a quiet month for the automotive industry in Britain. According to the Society of Motor Manufacturers and Traders, new car registrations in...
UK retail sales

UK retail sales plunged in August

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Retailers in the UK suffered a huge plunge in sales in August - the worst drop since the height of the 2008 financial crisis. According...
The Federal Reserve

Fed’s Beige Book reveals economic growth across most areas

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The U.S. Federal Reserve’s latest Beige Book revealed that 11 of the Fed’s 12 regional banks reported at least modest expansion in the economy...
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Google unveils brand new logo

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After creating an umbrella company called Alphabet the California-based tech giant Google has unveiled a new logo for its core search services. The new logo...
Chinese April international trade rebound

Chinese factory activity shrinks at fastest pace in three years

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Factory activity in China contracted at its fastest pace in three years in August, evidence that Chinese economic growth is continuing to slow. The official...
Oil Rig

Oil prices surged 8 percent on Monday

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Oil prices soared on Monday by more than 8 percent after the US government reduced crude output estimates and OPEC said that it is...
Japanese flag

Japanese industrial output fell by 0.6 percent in July

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Japanese industrial production dropped in July by 0.6 percent following the 1.1 percent increase in June, according to the Ministry of Economy, Trade and...
George Osborne

Osborne announces £500 million investment in Faslane base

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George Osborne announced more than £500 million of contracts to overhaul the Royal Navy's submarine base at Faslane, securing 6,700 jobs and set to...
Brazil

Brazil has slipped into a recession

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Brazil has slipped into recession after official figures revealed that the country’s gross domestic product fell 1.9% in the second quarter of the year. Year-on-year,...