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Watchdog Slams Lufthansa over 'Algorithm' Price Hikes

Germany's competition watchdog on Thursday rubbished Lufthansa's claim that recent price hikes on domestic routes were purely down to automated booking software, saying companies shouldn't "hide behind algorithms."

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Protests in Iran Second City over High Prices

Hundreds took to the streets of Iran's second city Mashhad and other towns on Thursday to protest high prices and unemployment, a reformist media group reported.

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Hitler's Nazi-Parade Mercedes Set for U.S. Auction

A 1939 luxury Mercedes limousine used to carry Adolf Hitler around Germany will be auctioned in the U.S. state of Arizona next month -- one of only four such models ever built.

Powered by a 7.7-liter supercharged engine capable of exceeding 100 mph (160 kph), the Mercedes-Benz 770K Grosser -- known to the world as the "Super Mercedes" -- was a potent propaganda symbol of the Third Reich which the Fuhrer rode standing in the front seat.

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China's Geely Takes 2.7-Billion Euro Stake in Swedish Truckmaker Volvo

China's Geely, which already owns the Swedish car brand Volvo, has now become the biggest shareholder in AB Volvo, the world's second-largest truck manufacturer in a transaction worth around 2.7 billion euros ($3.2 billion), it announced on Wednesday.

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Study: British Purchasing Power Set to Stagnate in 2018

Britons' purchasing power, which took a hit this year against the backdrop of Brexit, looks set to stagnate in 2018, according to a new study released on Wednesday. 

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Chinese Tech Icon Ordered Back to China over Debt Woes

Flamboyant Chinese tech icon Jia Yueting, who once boasted his company LeEco would take on Apple and Tesla, has been ordered back to China by financial regulators over his company's debt woes.

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Chinese Court Auctions Skyscraper for $84 Million

A Chinese court is auctioning a skyscraper on the country's largest e-commerce website -- with a sky-high starting price of 553 million yuan ($84.2 million).

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Winds of Worry: U.S. Fishermen Fear Forests of Power Turbines

East Coast fishermen are turning a wary eye toward an emerging upstart: the offshore wind industry.

In New Bedford, Massachusetts, the onetime whaling capital made famous in Herman Melville's "Moby-Dick," fishermen dread the possibility of navigating a forest of turbines as they make their way to the fishing grounds that have made it the nation's most lucrative fishing port for 17 years running.

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NYC Electric Bike Crackdown Spurs Delivery Worker Concern

Cheap, electric bicycles have made life a lot easier for New York City's legions of restaurant delivery workers, but the party may be over in the New Year.

City officials are promising a crackdown on e-bikes, which may be loved by environmentalists and the largely poor, immigrant workforce that relies on them, but are loathed by many drivers and pedestrians who think they are a menace.

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U.S. Hails U.N. Budget Cuts as 'Step in Right Direction'

The United States on Sunday applauded a $285-million-cut in the U.N. core budget, saying it was "a big step in right direction."

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