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Merchants Say Egypt Tourism Revival Steady but Slow

Pummelled by political unrest and jihadist attacks, Egypt's tourism industry is slowly growing again, but too slowly for thousands of bazaar workers who fondly recall when tourists thronged their stores.

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Wall Street Edges into Record Territory ahead of Fed Meet

Wall Street stocks opened the week at fresh highs on Monday as investors built on Friday's record closes following a weekend of geopolitical calm on the Korean peninsula.

The strong open came ahead of Tuesday's start of a meeting of the Federal Reserve, with investors waiting to learn central bank chief Janet Yellen's views on inflation and to glean hints about the timing of the next interest rate hike.

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GM to Recall 2.5 Million Vehicles in China over Takata Airbags

General Motors will recall more than 2.5 million vehicles in China over concerns about airbags made by troubled Japanese giant Takata, Chinese authorities said, dealing a blow to the U.S. automaker in the world's largest car market.

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European Bank Says Inflation Slump to Hit in Early 2018

Inflation in the eurozone will slump in early 2018, the European Central Bank forecast Monday, but return to an upward path towards its target later in the year.

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Asia Markets Follow Wall St Rally as Eyes Turn to Fed Meeting

Asian markets posted healthy gains on Monday following another record finish on Wall Street, as the focus shifts to the Federal Reserve's next policy meeting later in the week.

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High-Stakes Election for Germany's Long-Term Unemployed

Dozens of unemployed people troop into a church in the working-class Garath district of Duesseldorf, western Germany each Friday to load up on donated food, a small gesture towards those left by the wayside in a booming economy.

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Worried over Referendum, Catalan Employers Make Back-Up Plans

Catalonia's powerful business leaders are starting to lose their patience with an increasingly bitter tussle over an independence referendum deemed illegal by Madrid.

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Apple, Dell Join Bid to Buy Toshiba's Chip Business

U.S. tech titans Apple and Dell have joined a bid to buy Toshiba's memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the U.S. investor leading the consortium has said.

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Russia and Iraq Restore Air Travel after 13-Year Freeze

Russia and Iraq restored scheduled commercial airline services on Sunday for the first time since 2004, in what officials hailed as a sign of stability returning to the war-torn country.

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Shunning Dollar, Venezuela Lists Oil Prices in Chinese Yuan

Venezuela on Friday began listing the price of its oil in the Chinese yuan, following President Nicolas Maduro's announcement last week that he would rid the economy of the "US imperialist system."

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