business news
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German Chancellor Angela Merkel says the recent downgrades of credit ratings of nine European countries shows that the European Union has a "long road" ahead to restore investor confidence
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Brazil has overtaken Britain as the world's sixth-largest economy, a leading economic research group says. Britain lost out to the South American country in 2011 and will likely slide further as faster-growing economies such as Russia and India surge ahead
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Officials from the 17-nation eurozone are holding another set of talks Tuesday and Wednesday in an effort to renew faith in their continental currency, amid more negative financial news
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The "Occupy" movement appears to be inspiring people to generate specific policy proposals, although the movement does not have a specific agenda
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Europe has been plunged back into political and economic uncertainty after a few days of relative calm. Greece has sent shockwaves across Europe by calling a referendum on the latest bailout deal.
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Taiwanese funeral homes allegedly lack permission to play recorded music at services, resulting in two lawsuits. But the industry says it has the right to broadcast that music
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The European Union on Thursday announced a plan to chop Greece's debt in half and significantly increase a bailout fund designed to contain the eurozone debt crisis
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Beef prices may be headed upward due to a severe, lingering drought in the southern United States which is putting a major financial squeeze on the region’s cattle producers.
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The Moody's ratings agency has warned that the credit rating of France could be downgraded in the next three months if the European country's budget is strained
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Nokia's third-quarter loss was not as large as expected, and the company forecasts a profitable quarter for the mobile phone business as the company prepares to sell new models based on
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Notwithstanding the alarming economic troubles faced by the United States, many federal organizations, especially the Defense Department and NASA, the space agency, need cutting-edge
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The iPhone 4S hit retailers October 14 around the world. Excited Apple consumers have been anxiously waiting for days
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The worldwide economic problems seems to be hitting Turkey, one of the most rapidly expanding economic zones on the planet. The government has
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As economic crises intensify in Europe, governments are cutting budgets and ordinary people are tightening their belts. Even richer countries,
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Moody's Investors Service has downgraded the credit ratings of 12 British banks over concerns that the government will not provide adequate support to
