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Virus Deals Biggest Blow to German Exports since 2009

German exports fell more than 9.0 percent in 2020, official data showed Tuesday, with the coronavirus pandemic sparking the biggest drop in over a decade for Europe's biggest economy.

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Brent Breaks $60 a Barrel on Oil Demand Recovery Hopes

Brent oil prices Monday shot past $60 a barrel for the first time in more than a year Monday with investors growing increasingly optimistic about demand as the global economy recovers from the coronavirus pandemic.

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Oil Giant Shell Dives into $21.7 bn Loss in 2020 

Royal Dutch Shell dived into a net loss of $21.7 billion in 2020, the oil giant announced Thursday, as the coronavirus pandemic slashed global energy demand.

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Hong Kong Stocks End Down after Three-day Rally

Hong Kong stocks fell Thursday as investors took a breather following a healthy three-day rally, with tech firms hurt after Joe Biden's nominee as commerce secretary indicated she would not remove telecoms giant Huawei from a US trade blacklist.

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Amazon's Bezos, Latest Tycoon to Pursue His 'Passion'

Bill Gates set out to heal the world. His Microsoft co-founder Paul Allen bought sports teams. Ted Turner raced yachts. And Donald Trump went into politics.

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Indian Celebrities Slam Rihanna for Farmers' Protest Tweet

Indian celebrities on Wednesday hit back at pop superstar Rihanna and climate activist Greta Thunberg for making social media comments about mass farmers' protests.

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Biggest UK Companies Have No Black Top Executives

Britain's biggest businesses have very few ethnic minorities in the boardroom -- and no black top executives, according to research published Wednesday.

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Tiny Houses: Turkish Tourism Thinks Small in Covid Era

Gizem Baburhan stepped into a tiny house on wheels she rented in the Aegean vineyards and saw the future of Turkey's coronavirus-ravaged tourism industry.

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Yellen Calls for Regulatory Meeting over U.S. Market Volatility

US Secretary Treasury Janet Yellen has requested a meeting with financial regulatory authorities to discuss recent market volatility following a social-media-fueled buying frenzy over shares in video game store GameStop and other stocks shorted by hedge funds.

Yellen called for the meeting with the Securities and Exchange Commission, the Federal Reserve and the Commodities Futures Trading Commission, the Treasury said in a statement late Tuesday.

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Iran's Parliament Rejects Rouhani's Budget Bill

Iran's conservative-dominated parliament on Tuesday rejected a budget bill for the next Iranian year put forward by the administration of the moderate President Hassan Rouhani, state television reported.

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