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EU Leaders Urge UK to 'Make Necessary Moves' to Save Brexit Talks

European Union leaders on Thursday placed the onus on Britain to unblock stalled post-Brexit trade talks, urging London to "make the necessary moves" to answer their concerns.

In a written conclusion adopted at their summit, the 27 leaders also urged the EU and its member states to step up preparations to protect their interests in the event Britain leaves the single market without a deal.

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French, Dutch Push EU to Limit U.S. Tech Giants

France and the Netherlands jointly urged EU regulators on Thursday to limit the power of Silicon Valley giants like Google and Facebook, and break them up if necessary.

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IMF Warns of Lasting Damage, Long Climb Out of Recession

The global economic crisis will not be quite as grim as feared this year, but GDP will still contract 4.4 percent and the ongoing pandemic means the outlook remains uncertain, the IMF said Tuesday.

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EU Foresees 'Weeks' of Talks despite UK Brexit Deadline

Brussels said Tuesday that negotiations for a post-Brexit trade deal could yet take weeks, as British Prime Minister Boris Johnson's self-declared deadline was about to expire.

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UK Unemployment Jumps to 4.5% on Virus Fallout

Britain's unemployment rate has jumped to 4.5 percent as the coronavirus pandemic continues to destroy jobs, official data showed on Tuesday.

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Asian Markets Slip as Vaccine Halt Dents Optimism

Asian markets mostly fell Tuesday as investors took a breather after the previous day's rally, with the mood dampened by news that a vaccine trial had been halted after a volunteer fell ill.

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The Life of Ghosn: Fugitive Tycoon to Star in Screen Productions

Fugitive auto tycoon Carlos Ghosn and his wife will take part in a documentary and a mini-series about his life, co-producers Alef One of France and MBC of Saudi Arabia said Monday.

The ex-Nissan chief was arrested in Japan in November 2018 on financial misconduct charges and spent 130 days in detention, before he dramatically jumped bail and smuggled himself out of the country late last year.

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American Duo Wins Nobel Economics Prize for Work on Auctions

U.S. economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize on Monday for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said.

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Why is the ECB Eying a 'Digital Euro'?

The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.

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More Children Forced to Work as Coronavirus Batters India

His hands caked with paint and dust, Aakash looks right at home working at an auto repair shop -- except that he is a minor, one of millions forced into the Indian labor market.

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