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Airbus Wins Top Billing in Dubai Airshow Deals

With Boeing embroiled in the 737 MAX crisis, Airbus has emerged as the star of the Dubai Airshow, with two mammoth sales to Emirates and AirArabia bolstered by several smaller deals.

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First German Bank Hits Small Savers with Negative Rates

A German bank has made headlines with a negative interest rate on savings accounts from the very first euro cent, adding fuel to the fire of European Central Bank criticism in the eurozone's largest economy.

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Unnamed Buyer to Take 20 737 MAX Planes, Boeing Says

Boeing has reached a deal with an unnamed airline customer to sell 20 737 MAX planes for $2.3 billion, a Boeing spokesman said Tuesday.

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Stock Markets Rise, Buoyed by Trade Talk Hopes

Stock markets rose Tuesday as investors bet on China and the U.S. reaching a mini trade deal despite a report saying Beijing was concerned about the chances of an agreement.

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U.S. Building Permits Hit 12-Year High; Construction Rises in West

U.S. permits to build new homes in October shot to their fastest pace since before the Great Recession, according to economic data released Tuesday.

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Russian Internet Giant Yandex to Restructure under Pressure

Yandex, the internet giant said to be Russia's answer to Google, unveiled planned governance changes Monday as authorities seek to tighten control over the internet.

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Shareholders Reap Record Dividends

Dividends paid by companies across the world to shareholders hit a record in the third quarter, according to a study released Monday, although further growth was likely to be weak.

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Airbus Beats Boeing with Two Mega Deals at Dubai Air Show

Airbus signed two mammoth orders for its A320 and A350 aircraft worth $30 billion at Dubai's air show Monday, with Boeing managing only a $1.2 billion sale of its troubled 737 MAX.

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Germany Pumps 1 Billion Euros into 'Embarrassing' Mobile Dead Zones

German ministers agreed Monday to spend more than one billion euros plugging gaps in its mobile phone networks, whose patchy coverage has been blasted as "embarrassing" for the advanced industrial nation.

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Fuel Rations, Price Hike Hit Iranians amid Plunging Economy

Iranian authorities abruptly raised fuel prices by up to 50% and imposed fuel rationing overnight on Friday, leaving many Iranians angered amid an already plunging economy.

Across the capital, Tehran, long lines of cars waited for hours at pumping stations following the changes in energy policy, which state media announced around midnight without any prior warning to the public.

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