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UK Government Unveils Fresh £30 Billion Package to Save Jobs

The UK government on Wednesday unveiled a package worth £30 billion ($37 billion, 33 billion euros) to save jobs and help the young into work to kickstart the coronavirus-hit economy.

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Hottest Commodity in Lebanon's Economic Chaos: The U.S. Dollar

The lines snaked around the block. Then they swelled to fill the whole street, before they turned into a raucous mob of men shoving to the front of the line. There at the exchange bureau, they could buy rationed dollars, the hottest commodity in Lebanon.

The small country's financial meltdown has thrown Lebanese into a frantic search for dollars as their local currency's value evaporates. To get the precious hard currency, they must navigate labyrinthine regulations, exploiting any loopholes they can to rescue their earnings.

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Dubai Reopens Doors to Tourists after Long Shutdown

With a "welcome" passport sticker and coronavirus tests on arrival, Dubai reopens its doors to international visitors Tuesday in the hope of reviving its tourism industry after a nearly four-month closure.

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Musk Mocks Tesla Short-Sellers by Selling Short Shorts

Tesla founder Elon Musk is ruthlessly mocking the carmaker's doubters who sell the company short by selling short shorts with the company logo.

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Stock Markets Rally on Economy Recovery Hopes

Stock markets rallied Monday, with fresh signs of economic recovery resonating with investors more than a surge in coronavirus infections worldwide.

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U.S. Stocks Open Stronger, Continuing Rally

Wall Street opened higher after the long holiday weekend on Monday, extending last week's rally that was fueled by positive economic signs despite the coronavirus pandemic.

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Trudeau Won't Commit to U.S. Visit for Talks on New Trade Deal

Canadian Prime Minister Justin Trudeau said Friday he was reluctant to go to Washington next week for a summit marking the entry into force of the new North American trade agreement, in part due to concerns over possible US tariffs on Canadian aluminum.

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U.S. Services Sector Returned to Growth in June

The U.S. services sector grew in June after the coronavirus pandemic caused its steepest-ever contraction the month prior, the Institute for Supply Management said on Monday.

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Asian Markets Rally on Recovery Hopes, despite Virus Surge

Asian markets rallied out of the blocks Monday, with further signs of economic recovery continuing to resonate with investors more than a surge in coronavirus infections across the planet.

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India Opens Vast Railway Network to Private Players

India has opened up its vast railway sector to private companies, allowing firms to operate trains on certain routes, in a bid to boost its stuttering, virus-hit economy.

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