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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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'Smoke that Thunders': First 'Made-in-Zimbabwe' Luxury Cigars

A Zimbabwean entrepreneur in Africa's top tobacco producer has launched the first local brand of hand-rolled cigars, defying coronavirus and economic odds to light up manufacturing. 

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Germany Vows to Beef Up Finance Watchdog after Wirecard Drama

German Finance Minister Olaf Scholz said Sunday he wanted to overhaul the country's finance watchdog Bafin and give it more powers after a massive fraud scandal involving digital payments firm Wirecard.

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'Big Oil' Confronts Possibility of Terminal Demand Decline

Although crude prices have rebounded from coronavirus crisis lows, oil execs and experts are starting to ask if the industry has crossed the Rubicon of peak demand.

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