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A Third of UK Firms Mulling Post-Brexit Overseas Moves

Almost a third of British companies are considering moving or setting up overseas operations because of Brexit, according to a survey published Friday by business lobby group the Institute of Directors.

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US, China Hail Major 'Progress' in Trade Talks

The United States and China said their trade war negotiations resulted in major progress as the clock ticks on a March deadline to avert a massive escalation of tariffs that could bruise the global economy.

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EU Accuses 8 Banks of Forming Eurozone Bond Cartel

The EU's powerful anti-trust sheriff on Thursday accused eight banks of having conspired for several years to distort competition in the eurozone bond market.

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In Lebanon's Hills, Carlos Ghosn Winery Presses On

Nestled in green hills north of Lebanon's capital Beirut just a few kilometers from the Mediterranean coastline, a winery co-founded by detained tycoon Carlos Ghosn presses on with trade.

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Italy Slides into Recession after Economy Shrinks

The Italian economy contracted in the fourth quarter of 2018, dragged down by slowing European growth and global trade tensions, plunging the country into a technical recession, official data showed Thursday.

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Central Banks Buy Most Gold since 1971, Industry Body Says

Central banks have bought the most gold in nearly 50 years as the precious metal profits from its  safehaven status, the World Gold Council said Thursday, amid trade tensions and Brexit uncertainty.

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A Glimpse at Carlos Ghosn's Ties to Lebanon

Before he was detained in Japan over alleged financial misconduct, car industry tycoon Carlos Ghosn had increasingly invested time and money in Lebanon.

Ghosn is also a national of Brazil, where he was born, and of France. Here is a brief overview of his ties to the tiny Mediterranean country where his parents were born:

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Bangladesh to Sue Philippine Bank over $81 Million Cyber Heist

Bangladesh will Wednesday file a lawsuit in New York against a Philippine bank over its involvement in one of the biggest-ever cyber heists, the country's central bank governor said.

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SGBL Group and Mastercard Announce New Regional Agreement

Following the 2016 partnership between SGBL and Mastercard, SGBL has extended its cooperation with its global payments technology partner to the Group’s affiliated companies, starting with Societe Generale de Banque – Jordanie (SGBJ), SGBL said.

“In a world where digital innovation has transformed the banking landscape, pushing banks to move to electronic and mobile payment, this collaboration will pave the way for the development of electronic payment in Jordan, promoting the move towards a cashless economy,” the group added.

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Ghosn Says Arrest was Result of 'Plot and Treason'

Detained auto tycoon Carlos Ghosn believes his arrest and the charges against him are the result of a "plot and treason" at his former employer Nissan, he told the Nikkei newspaper Wednesday.

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