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Jailed Samsung Heir Appeals against Conviction

Lawyers for the jailed heir to the Samsung empire filed an appeal against his conviction on Monday as South Korean media divided on the ruling that put the country's top business leader behind bars.

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Independent Inquiry into Australia's Biggest Bank

The woes mounted for Australia's biggest bank Monday with an independent inquiry to be launched into its governance, culture and accountability after it was accused of breaching anti-money laundering legislation.

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Labor: UK Should Stay in EU Single Market in Transition

Britain should stay in the European single market and accept free movement of people during a transition period after it leaves the EU, the main opposition Labor Party said on Sunday.

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Samsung Heir's Jailing Heralds Reform Drive

The conviction and jailing of South Korea's top business tycoon heralds a drive to reform the country's giant conglomerates and loosen their grip on the economy, analysts said.

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New Saudi Budget Carrier to Commence Flights Next Month

Saudi Arabia's new budget carrier Flyadeal said Thursday it will start flying next month, as the kingdom seeks to expand air services to boost tourism in a radical overhaul of its oil-dependent economy.

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German Business Confidence Stays Strong ahead of Election

German business morale dipped slightly in August but stayed close to last month's all-time high, a closely-watched survey said Friday, adding to a run of good news for Europe's powerhouse economy ahead of a general election.

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Samsung Heir Guilty of Bribery, Sentenced to Five Years Jail

The heir to the Samsung empire was convicted of bribery and other offenses Friday and jailed for five years in connection with the scandal that brought down South Korean president Park Geun-Hye.

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Extreme Weather Slashes French Wine Output by a Fifth

France's wine production is expected to plummet 18 percent this year after spring frost damaged vines across the country, the government said Friday -- but a hot summer is expected to yield a top vintage.

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Stock Markets Mostly Higher as Dealers Brush Off Trump Fear

World stock markets mostly advanced Thursday, with analysts playing down U.S. President Donald Trump's government shutdown threat as they looked ahead to a key central bankers' meeting.

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Baidu Sells Food-Delivery Unit to Alibaba-Backed Ele.me

Alibaba-backed Chinese food delivery firm Ele.me will take over the food delivery unit of search engine giant Baidu in a deal that could be worth up to $800 million, the firm and a report said Thursday.

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