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UAE forging strong ties with China

[unable to retrieve full-text content] ABU DHABI, UAE – Whilst the United States and China are at odds, impacting the economies of both countries, as well as the broader global

Business

Wall Street eases but dollar continues rise

[unable to retrieve full-text content] NEW YORK, New York – Stocks in the U.S. were patchy and weak on Tuesday with no news to drive the market. The U.S. dollar

Business

Lockheed Martin pays tribute to Trump over Wisconsin expansion

[unable to retrieve full-text content] MILWAUKEE, Wisconsin – Derco, a Lockheed Martin company, is planning to expand its plant in Milwaukee, Wisconsin, by up to 15% by the end of

Business

China speeding up efforts to restructure economy

[unable to retrieve full-text content] The United States and China have reached a truce in their escalating trade war. Following a meeting between US president, Donald Trump and his Chinese

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Pharmaceutical giant opens new manufacturing plant in Ireland

[unable to retrieve full-text content] CO. DUBLIN, Ireland – Takeda has officially opened a new cutting-edge manufacturing plant at its site at Grange Castle, in Co. Dublin in Ireland. The

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U.S. stock markets close at record highs

[unable to retrieve full-text content] NEW YORK, New York – Buyers took charge on Wall Street on Wednesday, sending all the major indices to record highs. The U.S. dollar too

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Final seventh generation Chevrolet Corvette sells at auction

[unable to retrieve full-text content] UNCASVILLE, Connecticut – The final seventh generation Chevrolet Corvette has been sold at auction for a record $2.7 million. The auction took place at Barrett-Jackson

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Stocks in Asia head higher, dollar little changed

[unable to retrieve full-text content] SYDNEY, Australia – Stocks finally turned up in Asia on Thursday with the strongest gains in Japan and Hong Kong. The U.S. dollar was little

Business

EVA Air gets first of order of twenty Boeing 787-10 Dreamliners

NORTH CHARLESTON, South Carolina – Taiwanese airline EVA Air has taken delivery of the first of its order for twenty Boeing 787-10 Dreamliners. The airline plans to use the aircraft

Business

Rally on Wall Street continues on, Dow jumps 249 points

NEW YORK, New York – U.S. stocks continued to rally on Thursday while the U.S. dollar was mixed. The Dow Jones industrials moved signiifcantly higher, adding 249.17 points or 0.94%

Business

Medical products firm to invest 200 million euros in R&D in Ireland

CO.CORK, Ireland – Stryker is to invest over €200m in Research, Development and Innovation projects at three of its five Cork facilities. The company said in an announcement on Thursday it

Business

Shares in Shanghai and Sydney surge

SYDNEY, Australia – Stocks in China rose sharply on Tuesday with the Shangahi Composite leading the way. The Australian market which re-opened after the Queen’s birthday long weekend, was also

Business

U.S. dollar sold off, euro hits 10-week high

NEW YORK, New York – The U.S. dollar fell sharply in New York trading on Friday as speculation intensified that the Federal Reserve will not only abandon its tightening of

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RBA lowers Australian interest rates, stocks flat

SYDNEY, Australia – Stocks were little moved in Asia on Tuesday. The Australian market found little joy in an historic cut in official interest rates by the Reserve Bank of

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Ireland-based Allergan takes option on Pelage Pharmaceuticals stock

LOS ANGELES, California – UCLA researchers have discovered a new way to activate the stem cells in hair follicles that are responsible for hair growth. Research led by three UCLA

Business

U.S. loses top spot in World Competitiveness Rankings, drops to No 3

LAUSANNE, Switzerland – Singapore is now ranked as the world’s most competitive economy. It is the first  time since 2010, Singapore has taken the top spot, according to the IMD World

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$5 million Lakeside Complex inaugurated in Buffalo

BUFFALO, New York – The new Lakeside Complex on Buffalo’s Outer Harbor opened on Friday. The 20-acre site includes a new bike park, event lawn, trail for walking or cycling

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Ireland preparing for no-deal Brexit

DUBLIN, Ireland – The Irish deputy leader has briefed the cabinet on the risks to Ireland of a no-deal Brexit and warned Irish businesses to prepare for such an eventuality.

Business

Toyota slams Trump over saying it is not welcome in U.S.

TOPKYO, Japan – The Japanese automotive giant Toyota Motor Corporation has rejected U.S. President Donald Trump’s declaration that imported cars threaten U.S. national security. Toyota has taken exception to Mr

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China to visit Ireland for sheepmeat access inspection

BEIJING, China – Chinese authorities on Wednesday agreed to an accelerated process for inspection and registration of a further tranche of beef plants, as well as an inspection visit to

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Pakistan stitches up multi-billion dolar bailout from IMF

ISLAMABAD, Pakistan  – The International Monetary Fund says it has reached a preliminary agreement with Pakistan for a $6 billion bailout over the 3 three years to finance sweeping economic

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Stocks in Asia continue to give up ground

SYDNEY, Australia – Stocks in China continued their retreat on Thursday, while the Nikkei 225 in Japan also gave up more ground. Only the Australian market had any buying support.

Business

Construction of $7 million mixed-use building in North Buffalo begins

BUFFALO, New York – Construction has started on a $7 million 5-story mixed-use building located in the heart of the Hertel Avenue Business District in North Buffalo, New York. The

Business

Uber IPO could be impacted by driver strikes

SEATTE, Washington – Uber’s upcoming initial public offering may be one of the biggest in history, with the ride-hailing company expected to raise up to US$9 billion. That’s good news for its early

Business

Wall Street makes cautious advances Monday

NEW YORK, New York – U.S. stocks rose across the board on Monday as hopes heightened for a resolution of the U.S.-China trade dispute, and softer inflation figures raised hopes