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UK economy stalls, dealing blow to new government

UK economy stalls, dealing blow to new government

Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list.

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Amazon to invest £8 bn in UK in boost for new Labour govt

Amazon to invest £8 bn in UK in boost for new Labour govt

US tech giant Amazon is to invest £8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.

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Arsenal's Odegaard set to miss key Premier League matches

Arsenal's Odegaard set to miss key Premier League matches

Martin Odegaard looks likely to miss Arsenal's Premier League matches against Tottenham and Manchester City as well as the start of the Champions League after injuring his ankle, according to Norway's team doctor.

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France's new PM says to form government 'next week'

France's new PM says to form government 'next week'

France will have a new government "next week", recently installed conservative Prime Minister Michel Barnier said Wednesday, as he sounded out candidates to run ministries faced with an unpredictable hung parliament.

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Taiwan grounds Mirage fighters for safety checks after night crash

Taiwan grounds Mirage fighters for safety checks after night crash

Taiwan's air force said Wednesday it had grounded its fleet of Mirage 2000 fighters for safety checks, after a jet crashed during a night training flight the day before.

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UniCredit takes stake in Commerzbank, fuelling tie-up talk

UniCredit takes stake in Commerzbank, fuelling tie-up talk

Commerzbank shares soared Wednesday after Italian bank UniCredit acquired a nine-percent stake in Germany's second-biggest lender, half of it from the German state, fuelling speculation about a potential takeover.

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Stocks, dollar diverge before key US inflation data

Stocks, dollar diverge before key US inflation data

Major stock markets and the dollar diverged Wednesday before US inflation data that could help indicate the size of an expected interest-rate cut from the Federal Reserve next week.

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Nigeria's Dangote refinery caught between promise and reality

Nigeria's Dangote refinery caught between promise and reality

When will gasoline from Nigerian tycoon Aliko Dangote’s mega-refinery finally flood the home market? That's the question Nigerians are asking as Africa’s most populous country battles chronic petrol shortages.

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'Lost everything': survivor tells of deadly Vietnam landslide horror

'Lost everything': survivor tells of deadly Vietnam landslide horror

When a massive landslide crashed into her village in northern Vietnam, Hoang Thi Bay clung desperately to a concrete pillar as the wall of mud and rocks swept houses away all around her.

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Tearful South Korea star denies 'ridiculous' China match-fixing claims

Tearful South Korea star denies 'ridiculous' China match-fixing claims

South Korean World Cup player Son Jun-ho broke down in tears Wednesday as he denied match-fixing and accused China of blackmail after they banned him for life.

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