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SPD delegates vote to start formal talks on 'grand coalition'

Delegates from Germany's Socialist SPD party voted on Sunday to pursue formal coalition talks with the centre-right CDU/CSU parties led by Chancellor Angela Merkel.

19 Jan
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Teams with ethnic and gender diversity better for business, study reveals

Businesses perform better when they have a greater ethnic and gender diversity, with less diverse companies being 29% more likely to be less profitable, according to a study conducted by McKinsey & Co.

19 Jan
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Boris Johnson suggests 22-mile long bridge across English Channel

UK foreign secretary Boris Johnson has discussed the possibility of building a bridge between the UK and France with French president Emmanuel Macron in order to facilitate transport after Brexit.

19 Jan
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SEC raises concerns over Bitcoin investor funds

The US Securities and Exchange Commission cautioned investors over bitcoin-themed investments on Thursday, as the regulator warned the fund industry that it wanted answers to its vast concerns before making any moves to endorse multiple proposed products based on cryptocurrencies.

19 Jan
SPD leader warns another German election would cause party further harm

Martin Schulz, the head of Germany's Social Democratic Party, urged members of his party to endorse coalition talks with Chancellor Angela Merkel and her Christian Democratic Union in order to avoid another national election that could cause the party further damage.

19 Jan
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US consumer confidence dips in January, Univ. of Michigan says

Consumer confidence in the US dipped at the start of January amid a small increase in expectations for gas prices and uncertainty around the lagged impact of tax cuts, according to the results of one of the most closely-followed sentiment surveys.

19 Jan
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Senate showdown looms to avert federal government shutdown

All eyes are on Capitol Hill and whether Senators from both sides of the aisle will manage to avert a federal government shutdown amid a looming bust-up over immigration.

18 Jan
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Evraz reports higher steel product output

Shares in Evraz jumped after the steelmaker reported that consolidated crude steel output was at 3. 5m tonnes during the final three months of 2017, unchanged from the prior quarter.

18 Jan
Bitcoin veterans unshaken by South Korea ban, as analysts battle over theory

Some of the most experienced Bitcoin investors are defying regulator's threats to ban trading in the cryptocurrency and say the restrictions can be circumvented easily, while the prices began to rebound after the huge recent crash.

18 Jan
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Malaysian investors pour $2.2bn into Battersea Power Station as costs rise

Malaysia's sovereign wealth fund Permodalan Nasional Berhad (PNB) has agreed to buy a stake in London's Battersea Power Station building as costs continued to rise for the project development.

18 Jan
World confidence in US leadership has slumped under Trump administration

Global approval of the US has fallen to a new low, from 48% under Obama to 30% under Trump, Gallup’s global leadership poll finds.

18 Jan
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Jobless claims drop to lowest level since 1973

The number of Americans filing for unemployment benefits dropped more than expected last week, according to figures from the Labor Department.

18 Jan
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Sharp fall in US December housing starts, but permits stable

Homebuilding activity in the US hit the skids at the end of the year in part due to poor weather.

18 Jan
Philly Fed factory index dips in January, as expected

Factory activity in the US mid-Atlantic region cooled in January, according to the results of one of the most widely-followed surveys for the sector.

18 Jan
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Nestle sells US confectionery business to Ferrero in $2.8bn cash deal

Nestle has agreed to sell its US confectionery business to Italian group Ferrero for $2. 8bn in cash.

18 Jan
China fourth quarter GDP growth beats forecasts, but some economists sceptical

China's economy grew more quickly than expected in 2017, according to both official and private sector estimates, but some economists believed the official figures belied the extent of the slowdown in the fourth quarter.

17 Jan
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Bitcoin's 50% plunge and Ripple effect in cryptocurrencies rout

Bitcoin, Ethereum and other cryptocurrencies have plunged to four-week lows due to a loss of confidence sparked by regulatory proposals in South Korea and the unknown result of the expiry of initial futures contracts.

17 Jan
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US industrial production, capacity in use jump in December

Industrial production in the States surged ahead last month, boosted by sharply higher output from both mining and utilities.

17 Jan
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NAHB housing market index slips to 72 in January, as expected

Sentiment among US housebuilders deteriorated a little as expected in January, according to data released on Wednesday.

17 Jan
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Australia lodges WTO complaint against Canada

Australia filed a trade complaint against Canada on Tuesday, accusing the North American nation of placing "discriminatory" regulations on the sale of wine imported from abroad.