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Boeing Eyes Rivals as it Turns 100

Boeing, creator of some of the world's most iconic aircraft of the 20th century, commemorates its centennial Friday facing multiple challenges to remain at the forefront of global aerospace innovation.

At the top of the list is European archrival Airbus, which has topped Boeing in commercial orders in recent years and made inroads into the American market by building planes on US shores.

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Pound Gains as Bank of England Holds off Rate Cut

The pound built on the previous day's gains in Asia Friday after the Bank of England surprised markets by holding fire on an interest rate cut at its first meeting since Britain voted to leave the European Union.

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Nintendo Soars on Pokemon as Tokyo Stocks Rally

Japanese gaming giant Nintendo soared again Thursday, taking a week-long rally to 75 percent as investors ride the coattails of the Pokemon Go phenomenon sweeping the planet.

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Oil Rebounds on Bargain Hunting

World oil prices rebounded Thursday as dealers snapped up bargain crude, one day after the commodity sank to fresh two-month lows on disappointing US inventories.

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Britain's New Finance Chief Rules Out Emergency Budget

Britain's new finance minister Philip Hammond on Thursday ruled out an emergency budget in response to economic turbulence triggered by the country's vote in favor of exiting the European Union.

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Maduro Extends Venezuela's State of 'Economic Emergency'

Venezuelan President Nicolas Maduro has extended the country's state of "economic emergency" for another 60 days, an official newspaper reported, a sign of declining conditions in the crisis-hit country.

The state of emergency, in place since January, was necessary due to "extraordinary... social, economic, political, natural and ecological" pressures, according to the presidential decree, signed by Maduro on Tuesday and released Wednesday.

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Bank of England Mulls Rate Cut after Vote for Brexit

The Bank of England is mulling whether to cut interest rates for the first time in over seven years to curb economic fallout from Britain's vote to exit the EU.

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Saudi Reform Drive Confronts Jobs Challenge

Their heads bowed, young Saudi men concentrate on exam papers in a workshop filled with industrial machines that will help them earn a living.

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A Year after Bailout, Greece Struggles for Brighter Future

A year after it fought and lost a tug-of-war with its creditors, Greece remains a country that seems adrift, and many of its citizens view the present as joyless and the future as grim.

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Tokyo Stocks Open Higher, Make Up Brexit Losses

Tokyo stocks jumped at the start of trading on Wednesday on stimulus hopes, erasing the steep losses sparked by Britain's vote to tear itself away from the European Union.

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