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Wall Street climbs higher, dollar rally runs out of steam

NEW YORK, New York – Demand for A-list technology stocks propelled the three major U.S. indices higher on Thursday, pushing the tech-laden Nasdaq Composite to a new record peak. The

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Investors weigh into U.S. technology stocks, Nasdaq hits new record

NEW YORK, New York – U.S. technology stocks took off on Monday, taking the Nasdaq Composite to a new record high. “Tech is the only trade,” Jake Dollarhide, CEO of

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Asian stocks mostly rise, Hang Seng the exception

SYDNEY, Australia – Stocks in Asia were on the rise on Friday, while the U.S. dollar was mixed. Only the Hong Kong Hang Seng slipped. It lost 47.66 points or

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Key Hong Kong stock index jumps more than 500 points

SYDNEY, Australia – Stocks in Asia generally rose on Tuesday, however the Chinese bourses lagged as further pressure on Bejing was being applied to Washington. The United States has now

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U.S. stocks move higher despite increasing volatility

NEW YORK, New York – In a volatile day of trading, U.S. stocks managed a gain on Tuesday. Apple dominated with a fifth straight day of gains. The company’s capitalization

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Ireland launches taskforce to build night-time economy

DUBLIN, Ireland – Ireland is to establish a new taskforce which will see a range of departments, agencies and groups work together to promote and develop a vibrant and sustainable

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Stocks in Japan fall after Fitch puts debt on negative outlook

SYDNEY, Australia – Stocks in China rose again Wednesday, while markets in Japan and Australia fell. The U.S. dollar continued its decline to a two-year low. Fitch announced Wednesday it

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India to establish fish-processing plants in Maldives

MALE, Maldives – India and the Maldives on Wednesday signed a contract to set up fish processing plants at two of the islands in the Maldives. The island nation’s Foreign

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Founder of International Investment Group charged over Ponzi scheme

WASHINGTON, DC – The U.S. Securities and Exchange Commission on Friday charged David Hu, 62, the co-founder and chief investment officer of International Investment Group LLC (IIG), a former registered

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Wall Street surges on vaccine breakthrough hopes

NEW YORK, New York – U.S. stocks took off on Wednesday, mainly based on hopes for a breakthrough for a Covid-19 vaccine. Moderna reported some success in its search for

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Britain to fork out 705 million pounds to secure borders post-Brexit

LONDON, UK – The British government on Sunday announced a £705 million funding package for border infrastructure, jobs and technology to ensure the country’s border systems are fully operational when

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Royal Enfield Interceptor 650 is top selling motor bike in UK

CHENNAI, India – Chennai-based motorcycle manufacturer Royal Enfield launched the 650 Twins, Interceptor and Continental GT back in 2018 at a compelling price point. Either classic middleweight motorcycle was updated

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Stocks in China and Hong Kong lead Asian markets higher

SYDNEY, Australia – Stocks in Asia extended gains on Friday as strong payrolls data out of the U.S. and a pick-up in China’s services sector boosted demand. “Recovery in China’s

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U.S. stocks make giant leap, Boeing shares gain 14%

NEW YORK, New York – Sold gains on Wall Street and in Europe on Monday came as a surprise, following last week’s week-end sell-off which extended into Asia on Monday.

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Syrian cotton industry recovering to pre-war levels

ALEPPO, Syria – Cotton cultivated areas in various governorates of Syria are improving after declining in previous years due to terrorist organizations’ attacks which caused damage to cotton crops, resulting

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White House torpedoes Asian stocks, then rescues them

SYDNEY, Australia – Stocks in Asia recovered on Tuesday despite being torpedoed early on by the chaotic Trump administration. White House trade adviser Peter Navarro rattled markets when he told

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Slide in airline stocks put pressure on Wall St.

NEW YORK, New York – Fresh selling in airline stocks, an announcement by Apple that it is closing stores in North and South Carolina, Arizona and Florida, concerns about spikes

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Wall Street bounces back, strong gains across board

NEW YORK, New York – Wall Street bounced back on Friday to record appreciable gains across the board, a day after a virtual wipe-out which saw the Dow Jones industrials

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Stocks in Asia range-bound Wednesday

SYDNEY, Australia – Stocks in Australia were range-bound on Wednesday with little movement in either direction. In Japan, the Nikkei 225 edged up 33.92 points or 0.15% to 23,124.95. The

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OPEC and other countries agree oil production cuts, Trump takes credit

The OPEC oil cartel and allied countries on Saturday agreed to a one-month extension of record production cuts, in the hope of stabilizing oil markets hit by a coronavirus-induced economic

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Wall Street returning to normal, Dow Jones jumps 527 points

NEW YORK, New York – Wall Street roared on Wednesday with all the major indices making solid ground. Optimism about the re-awakening of the U.S,. economy after spending around two

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Australian state to spend $3 billion on infrastructure to create jobs

SYDNEY, NSW, Australia – Australia’s most-populated state is to throw another $3 billion at infrastructure projects to boost employment prospects in the post-coronavirus period. The announcement on Sunday will see

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Hong Kong shares drop after security law passes

SYDNEY, Australia – Stocks in Asia were higher on Thursday, although in Hong Kong there was little rookm for celebration. China on Thursday overwhelmingly voted to approve new security laws,

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Hertz, Dollar and Thrifty file for bankruptcy

ESTERO, Florida – Hertz Global Holdings, Inc.and certain U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of

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Defying economic downturn, Apple plans 25 new U.S. stores

Washington DC [USA], May 18 (ANI): Apple is all set to open 25 more of its stores in the U.S. and twelve in Canada, but people who will be visiting