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The Star
Former MRT Corp CEO joins Malakoff as group MDKUALA LUMPUR: Malakoff Corp Bhd has appointed Mass Rapid Transit Corp’s former
Former MRT Corp CEO joins Malakoff as group MD
The Star / Posted moments ago
KUALA LUMPUR: Malakoff Corp Bhd has appointed Mass Rapid Transit Corp’s former chief executive officer Datuk Wira Azhar Abdul Hamid (pic) as group managing director effective May 1. The independent water and power producer, which is part of the MMC... Read more
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The Star
FGV and Felda withdraw RSPO certs of 58 complexesFGV says the exercise allows "a more inclusive certification" between commercia
FGV and Felda withdraw RSPO certs of 58 complexes
The Star / Posted moments ago
FGV says the exercise allows "a more inclusive certification" between commercially managed plantations by FGV and Felda smallholders. KUALA LUMPUR: Federal Land Development Authority (Felda) and its listed 33.7% associate firm Felda Global Ventures... Read more
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The Star
China to investigate hospital dying student found on search engineThe student, Wei Zexi, 21, died last month of a rare form of cancer and China's
China to investigate hospital dying student found on search engine
The Star / Posted moments ago
The student, Wei Zexi, 21, died last month of a rare form of cancer and China's Internet regulator said on Monday it would investigate Baidu over the case. Wei had searched Baidu for the best place for treatment, finding a department under the... Read more
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West Moreland Gazette
Manufacturing contracts for first time since March 2013Britain's manufacturing sector saw activity contract for the first time in more
Manufacturing contracts for first time since March 2013
West Moreland Gazette / Posted moments ago
Britain's manufacturing sector saw activity contract for the first time in more than three years in the latest sign that the EU referendum is hurting the UK economy, according to a survey. The closely watched Markit/CIPS UK Manufacturing purchasing... Read more
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The Star
KLCI falls for seventh consecutive day as risk aversion returnsKUALA LUMPUR: The FBM KLCI continued its decline for the seventh day running wi
KLCI falls for seventh consecutive day as risk aversion returns
The Star / Posted moments ago
KUALA LUMPUR: The FBM KLCI continued its decline for the seventh day running with a drop of 21.28 points on Monday as investors sold equities in favour of safe haven assets such as the Japanese yen and gold, both of which surged. Asian equities were... Read more
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Market Watch
FTSE 100 drives toward lowest in nearly a month as miners sinkU.K. stocks were slumping Tuesday, with mining shares struggling, but HSBC Hold
FTSE 100 drives toward lowest in nearly a month as miners sink
Market Watch / Posted moments ago
U.K. stocks were slumping Tuesday, with mining shares struggling, but HSBC Holdings PLC held to slight gains following financial results from the banking heavyweight. The blue-chip FTSE 100 index UKX, -0.94% dropped 0.8% to 6,190.56, led by losses... Read more
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Market Watch
Atlantic City makes $1.8 mln bond payment, averts defaultThe closed 1,399 room Revel casino stands on the northernmost end of Atlantic C
Atlantic City makes $1.8 mln bond payment, averts default
Market Watch / Posted moments ago
The closed 1,399 room Revel casino stands on the northernmost end of Atlantic City's boardwalk on August 28, 2015 in Atlantic City, New Jersey. Atlantic City, N.J., averted default by making a $1.8 million debt payment Monday, but its mayor warned... Read more
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Market Watch
Stock futures slide as fear creeps into the marketsWall Street was set for a downbeat trading day on Tuesday, as nervousness retur
Stock futures slide as fear creeps into the markets
Market Watch / Posted a minute ago
Wall Street was set for a downbeat trading day on Tuesday, as nervousness returned to the markets after weak Chinese manufacturing and a rate cut in Australia fueled concerns about the health of the global economy. Augustin Eden, research analyst at... Read more
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The Irish Times
Mainstream back in the black, seeking to raise €100mThe company reported a profit after tax of €96 million last year versus a €46.6
Mainstream back in the black, seeking to raise €100m
The Irish Times / Posted a minute ago
The company reported a profit after tax of €96 million last year versus a €46.6 million loss in 2014. MRP said debt restructured and corporate borrowings fell from €118.6 million to €59.3 million over the 12 months under review. The group, which... Read more
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The Irish Times
Ireland to be EU’s fastest-growing economy in 2016The predicted GDP growth rate is higher than the figure of 4.5 per cent for 201
Ireland to be EU’s fastest-growing economy in 2016
The Irish Times / Posted a minute ago
The predicted GDP growth rate is higher than the figure of 4.5 per cent for 2016 estimated three months ago. The Commission also revised upwards its estimates for 2017 to 3.7 per cent, up slightly from the growth rate of 3.5 per cent predicted in... Read more
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The Irish Times
Returns on Irish savings worst in Europe - ECBIrish savers are earning the lowest return on their deposits across 18 European
Returns on Irish savings worst in Europe - ECB
The Irish Times / Posted a minute ago
Irish savers are earning the lowest return on their deposits across 18 European countries, new figures from the European Central Bank show. In Ireland, the average rate on new fixed rate household deposits in March 2016 was just 0.18 per cent - the... Read more
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Market Watch
Mallinckrodt profit beats, raises outlookMallinckrodt PLC raised its profit forecast for the year as the biopharmaceutic
Mallinckrodt profit beats, raises outlook
Market Watch / Posted a minute ago
Mallinckrodt PLC raised its profit forecast for the year as the biopharmaceutical company reported better-than-expected revenue and earnings in its latest quarter. The company now expects adjusted earnings in a range of $8.15 to $8.50 a share for... Read more
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Market Watch
EU to block U.K. Hutchison-Telefonica mergerBRUSSELS--The European Commission is set to torpedo CK Hutchison Holdings Ltd.'
EU to block U.K. Hutchison-Telefonica merger
Market Watch / Posted a minute ago
BRUSSELS--The European Commission is set to torpedo CK Hutchison Holdings Ltd.'s planned $14 billion takeover of Telefonica SA's British cellphone operator O2, two people familiar with the matter said. The EU's 28 commissioners are scheduled to... Read more
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Sydney Morning Herald
Reserve Bank of Australia cuts cash rate to fight deflationThe Reserve Bank of Australia on Tuesday cut the cash rate to a record low of 1
Reserve Bank of Australia cuts cash rate to fight deflation
Sydney Morning Herald / Posted a minute ago
The Reserve Bank of Australia on Tuesday cut the cash rate to a record low of 1.75 per cent in a bid to head off falling prices and an economic downturn. The cash rate is now easily at its lowest level under the current system of monetary policy... Read more
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Sydney Morning Herald
It's a cautious response to the budget from credit agencies and the marketsTreasurer Scott Morrison has acknowledged the changes in the tax threshold prov
It's a cautious response to the budget from credit agencies and the markets
Sydney Morning Herald / Posted a minute ago
Treasurer Scott Morrison has acknowledged the changes in the tax threshold provide only a modest boost for taxpayers. Photo: Glenn Hunt The Australia dollar barely reacted to Treasurer Scott Morrison's budget measures, after having lost nearly 2... Read more
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Sydney Morning Herald
Budget 2016: Victoria short-changed again on infrastructure spendingVictoria continues to be severely short-changed on infrastructure, with the Tur
Budget 2016: Victoria short-changed again on infrastructure spending
Sydney Morning Herald / Posted a minute ago
Victoria continues to be severely short-changed on infrastructure, with the Turnbull government pinning its Victorian electoral hopes on an Abbott-era promise to hand over $3 billion to the first government prepared to build the East West... Read more
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Salon.com
Liberty House confirms bid for Tata Steel assets in UKLONDON (AP) — Commodities trading firm Liberty House has confirmed that it will
Liberty House confirms bid for Tata Steel assets in UK
Salon.com / Posted a minute ago
LONDON (AP) — Commodities trading firm Liberty House has confirmed that it will bid for Tata Steel’s available assets in the U.K., including the Port Talbot plant in south Wales. The company was among the first to express an interest in Tata, which... Read more
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Sydney Morning Herald
Budget 2016: Badgerys Creek airport sole Sydney transport project to get more fundingAbout $115 million will be spent in the next two years on preparation works for
Budget 2016: Badgerys Creek airport sole Sydney transport project to get more funding
Sydney Morning Herald / Posted a minute ago
About $115 million will be spent in the next two years on preparation works for the Badgerys Creek airport. Photo: Rob Homer The Badgerys Creek airport is the sole Sydney transport or land use project to receive increased funding in the federal... Read more
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PR.com
"Stop Waiting Start Investing"Second Book from Investor / Real Estate Specialist Sonja Skye brings investment
"Stop Waiting Start Investing"
PR.com / Posted 2 minutes ago
Second Book from Investor / Real Estate Specialist Sonja Skye brings investment advice "home" for Free. Toronto, Canada, May 03, 2016 --(PR.com)-- As instability in the stock market continues and the housing market records record growth; more and... Read more
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The Register
Barclays.net Bank Holiday outage leaves firms unable to process paymentsBarclays.net has been shrugging off business customers' login attempts since Fr
Barclays.net Bank Holiday outage leaves firms unable to process payments
The Register / Posted 2 minutes ago
Barclays.net has been shrugging off business customers' login attempts since Friday, leaving many unable to process payments over the bank holiday weekend. Problems with the business banking service peaked on Friday, with customers complaining that... Read more
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The Financial Express
Pakistan expresses concern over India’s growing military power“The international community should avoid steps which may disturb the strategic
Pakistan expresses concern over India’s growing military power
The Financial Express / Posted 2 minutes ago
“The international community should avoid steps which may disturb the strategic balance in South Asia,” Aziz warned. (Reuters Photo) A top Pakistani foreign affairs advisor on Tuesday expressed deep concern over India’s growing military power, media... Read more
7 related stories
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NorthWest Cable News
EU forecasts modest growth amid global uncertaintyBRUSSELS - The European Union forecasts that economic growth is likely to remai
EU forecasts modest growth amid global uncertainty
NorthWest Cable News / Posted 2 minutes ago
BRUSSELS - The European Union forecasts that economic growth is likely to remain moderate in the 19 countries that share the euro in the near future in the face of a likely rise in the price of oil and the common currency. Although the eurozone... Read more
26 related stories
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KTHV Little Rock
EU forecasts modest growth amid global uncertaintyBRUSSELS - The European Union forecasts that economic growth is likely to remai
EU forecasts modest growth amid global uncertainty
KTHV Little Rock / Posted 2 minutes ago
BRUSSELS - The European Union forecasts that economic growth is likely to remain moderate in the 19 countries that share the euro in the near future in the face of a likely rise in the price of oil and the common currency. Although the eurozone... Read more
26 related stories
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Kingston Guardian
Manufacturing contracts for first time since March 2013Britain's manufacturing sector saw activity contract for the first time in more
Manufacturing contracts for first time since March 2013
Kingston Guardian / Posted 2 minutes ago
Britain's manufacturing sector saw activity contract for the first time in more than three years in the latest sign that the EU referendum is hurting the UK economy, according to a survey. The closely watched Markit/CIPS UK Manufacturing purchasing... Read more
13 related stories
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The Financial Express
F-16 fighter deal: We will get jets from elsewhere, Pakistan warns USPakistan was required to pay about 0 million from its national fund. The US was
F-16 fighter deal: We will get jets from elsewhere, Pakistan warns US
The Financial Express / Posted 3 minutes ago
Pakistan was required to pay about 0 million from its national fund. The US was supposed to provide the rest from its Foreign Military Financing Fund. (Reuters photo) Pakistan will acquire F-16 fighter jets from elsewhere if the US does not arrange... Read more
7 related stories
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The Financial Express
Govt orders SFIO to probe 187 companies for running Ponzi schemesThe government has ordered SFIO to conduct probe against 187 companies that had
Govt orders SFIO to probe 187 companies for running Ponzi schemes
The Financial Express / Posted 3 minutes ago
The government has ordered SFIO to conduct probe against 187 companies that had allegedly floated Ponzi, or multi-level marketing (MLM), schemes, Parliament was informed today. Ponzi schemes are fraudulent investment operations that lure investors... Read more
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The Financial Express
Mobikwik raises $50 mn to drive expansionMobikwik’s existing investors such as Sequoia Capital and Treeline Asia also pa
Mobikwik raises $50 mn to drive expansion
The Financial Express / Posted 3 minutes ago
Mobikwik’s existing investors such as Sequoia Capital and Treeline Asia also participated in the current round of funding. (Reuters) Mobile wallet company Mobikwik today said it has raised USD 50 million (about Rs 330 crore) in funding, led by... Read more
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The Financial Express
Future Group’s Kishore Biyani appointed as MD of Bharti RetailIn May last year, Future group agreed to merge its retail business with rival B
Future Group’s Kishore Biyani appointed as MD of Bharti Retail
The Financial Express / Posted 3 minutes ago
In May last year, Future group agreed to merge its retail business with rival Bharti Retail in an all-stock deal worth Rs 750 crore to create one of the biggest supermarket chains with Rs 15,000 crore turnover. (PTI Photo) Future Group’s Chief... Read more
6 related stories
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The Financial Express
Gold prices cross Rs 30,000, should you stay invested this Askhaya Tritiya?Gold prices: From the beginning of the year, the yellow metal has returned over
Gold prices cross Rs 30,000, should you stay invested this Askhaya Tritiya?
The Financial Express / Posted 3 minutes ago
Gold prices: From the beginning of the year, the yellow metal has returned over 21 per cent in the domestic market, better than equities and fixed income instruments. (Photo: Reuters) Gold has suddenly picked up momentum in recent days to climb to... Read more
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The Financial Express
Uber India users can soon pay for rides abroad via Paytm walletPaytm will enable Uber users to pay for their rides in Indian currency while tr
Uber India users can soon pay for rides abroad via Paytm wallet
The Financial Express / Posted 3 minutes ago
Paytm will enable Uber users to pay for their rides in Indian currency while travelling abroad using its mobile wallet by month-end. (Photo: Reuters) Digital payments firm Paytm will enable Uber users to pay for their rides in Indian currency while... Read more
18 related stories
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