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Landmark EU, Canada Trade Deal Enters into Force

A landmark free trade deal linking EU and Canada went into effect on Thursday despite lingering opposition from activists worried about the pact's consequences on the environment and health.

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Iraq's Kurds in Economic Crisis ahead of Independence Vote

A referendum on independence for Iraqi Kurdistan set for September 25 comes as the autonomous region faces the worst economic crisis in its short history.

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Google to Buy Part of Taiwan Smartphone Maker HTC for $1.1 bn

Taiwan's struggling smartphone maker HTC said on Thursday it would sell part of its smartphone business to Google for $1.1 billion as the US giant looks to take greater control of its hardware business.

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Toshiba Says Sells Chip Unit to Bain Capital for Around $18 Billion

Toshiba said Wednesday it would sell its memory chip business to a group led by U.S. investor Bain Capital, in a deal worth around $18 billion and seen as crucial to keeping the Japanese conglomerate afloat.

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IMF's Lagarde Warns U.S. Won't Meet Growth Targets amid Slow Reforms

IMF chief Christine Lagarde warned Wednesday that the U.S. will fall short of its ambitious economic growth goals unless it can accelerate promised policy changes, including tax reform.

The Trump administration has said it will push US growth to three percent annually -- a rate economists say is unrealistic, given the low U.S. unemployment rate, among other factors.

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Saudi to Create $2.7 bn Entertainment Investment Firm

Saudi Arabia's sovereign wealth fund is set to create a $2.7 billion entertainment investment company, state media said Wednesday, as the ultra-conservative kingdom opens up avenues for leisure.

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ThyssenKrupp, Tata to Merge European Steel Operations

German heavy industry giant ThyssenKrupp and Indian group Tata agreed Wednesday to merge their steel operations in Europe, taking second place in the continent's market behind ArcelorMittal.

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Beijing, Shanghai Shut Down Bitcoin Exchanges

Banking regulators in Beijing and Shanghai have ordered local cryptocurrency exchanges to shut down, state media reported Tuesday, in the latest blow to the once flourishing Chinese market for virtual money.

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Saudi Arabia Raises $1.87 bn in Islamic Bond Issue

Saudi Arabia has raised $1.87 billion in a new Islamic bond issue as the kingdom bids to finance a budget deficit resulting from low oil prices.

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European Equities Wobble at Open

Europe's stock markets wobbled at the open on Tuesday, the eve of an interest rate decision from the US Federal Reserve.

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