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Apple, Dell Join Bid to Buy Toshiba's Chip Business

U.S. tech titans Apple and Dell have joined a bid to buy Toshiba's memory chip business, a deal seen as key to the survival of the cash-stripped Japanese industrial conglomerate, the U.S. investor leading the consortium has said.

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Russia and Iraq Restore Air Travel after 13-Year Freeze

Russia and Iraq restored scheduled commercial airline services on Sunday for the first time since 2004, in what officials hailed as a sign of stability returning to the war-torn country.

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Shunning Dollar, Venezuela Lists Oil Prices in Chinese Yuan

Venezuela on Friday began listing the price of its oil in the Chinese yuan, following President Nicolas Maduro's announcement last week that he would rid the economy of the "US imperialist system."

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France's Le Maire Promotes French 'Budget Cuts' to Eurozone Partners

French Finance Minister Bruno Le Maire firmly defended France's pro-business reforms to eurozone ministers on Friday that he said would put France back on track in Europe.  

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Bank of England Eyes Rate Rise as Inflation Surges

The Bank of England on Thursday hinted at an interest rate rise in the coming months as a Brexit-hit weak pound sends inflation soaring.

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Lebanon Weathers Economic Shocks but Debts Mount, IMF Says

Lebanon's economy has shown resilience despite the burden of absorbing refugees from Syria's grinding conflict, but Beirut should reign in its sovereign debt, the International Monetary Fund cautioned.

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European Car Market Revs Up in Summer

The European car market booked its best-ever August in 10 years this year, with new registrations jumping by 5.6 percent last month, the European Automobile Manufacturers' Association ACEA said on Thursday.

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Swiss Life Says Contacted by US Authorities

Swiss insurer Swiss Life said Thursday it has been contacted by the US Department of Justice regarding its cross-border business with American clients.

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'Business as Usual' for Qatar's $300 Billion Sovereign Fund

The head of the Qatar Investment Authority said Wednesday that the lingering Gulf political crisis was having little impact on the $300 billion sovereign wealth fund of the gas-rich nation.

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Carmakers See Promise of Bonanza in Eastern Europe

As Frankfurt's IAA auto show gets under way, European carmakers are looking to the continent's east for growth, where increasing numbers of people are wealthy enough to afford their own wheels.

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