Philip Hammond's decision to resign as Britain's finance minister should Boris Johnson become prime minister thrusts him into the frontlines of a brewing internal revolt against the likely incoming leader.
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Watch out Hollywood and Bollywood, the eastern Mediterranean island of Cyprus that has built a reputation as a tourist magnet thanks to its pristine beaches wants a piece of the action: enter "Olivewood" and Nicolas Cage.
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Chinese importers are applying to their government to lift tariffs on some U.S. agricultural imports, state media reported on Sunday, three weeks after the two sides reached a truce in their trade war.
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The hot springs of Iceland are not the only thing making tourists sweat, as a look at the hotel or lunch bill will tell you that most things cost more, sometimes much more, than anywhere else in Europe.
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Pork prices have been sent soaring and herds devastated as African swine fever tears through China's massive pig-farming industry, forcing the country to ramp up imports to satisfy demand -- but analysts warn worse is yet to come.
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Singapore is returning almost $40 million to Malaysia seized in connection with a massive financial scandal that played a major role in the toppling of the corruption-plagued government of Najib Razak, police said.
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Beer-loving South Koreans angered by a trade row with Tokyo are boycotting Japanese brews in a surge of patriotism that has even seen popular beauty bloggers targeted.
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U.S. beverage and food giant PepsiCo has agreed to buy South Africa's Pioneer Foods for about 24.4 billion rand ($1.8 billion), a company executive said Friday, in a bold move into the African market.
Full StoryNational Australia Bank on Friday announced veteran banker Ross McEwan would be its new chief executive, as the lender seeks to rebuild confidence after a scathing national inquiry.
McEwan, a New Zealander, resigned as head of the Royal Bank of Scotland in April.
Full StoryIranians feeling the squeeze from U.S. sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to make money, prompting alarm in and out of the country.
In Iran, some government officials worry that the energy-hungry process of "mining" Bitcoin is abusing Iran's system of subsidized electricity; in the United States, some observers have warned that cryptocurrencies could be used to bypass the Trump administration's sanctions targeting Iran over its unraveling nuclear deal with world powers.
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