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Bidding war heats up for $6 billion second Amazon HQ

It'stheprizeofalifetime-a5-billion-dollarinvestmentcreating50,000well-paidjobsthateveryonewants,butonlyoneUScitywillget.FromEasttoWest,fromNorthtoSouth,metropol

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Trump's wealth down $600 mln, drops 92 spots on Forbes list

USPresidentDonaldTrump'snetworthslidby600millionUSdollarsto3.1billionUSdollars,accordingtotheForbeslistofthe400richestAmericansreleasedonTuesday.Trumpranks248on

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U.S. House passes 36.5-bln-USD disaster aid package

TheU.S.HouseofRepresentativesapproveda36.5-billion-USDdisasterreliefpackageonThursday,intendedtoaidrecoveryindisaster-ravagedU.S.statesandterritories.Thebill,wh

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Digital payments will benefit world economy, says Visa

Movingfromcashtodigitalpaymentswillprovideenormousdirectadvantagestoconsumers,businessesandgovernments,accordingtoresearchreleasedbyfinancialservicescorporation

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China's Alibaba tops Amazon as biggest e-commerce company

Chinesee-commercegiantAlibabasurpasseditsU.S.counterpartAmazonastheworld'sbiggeste-commercecompanyTuesdayastheHangzhou-basedcompanyreachedthethresholdof470billi

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Carrie Lam’s vision for Hong Kong: Nine policy address highlights

Housingwillbe“thepriority”forCarrieLam’sHongKongSARadministration,thenewchiefexecutiveannouncedonWednesdaymorninginhermaidenPolicyAddress.LamtoldtheLegislativeC

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US insurer AIG records up to $2bn losses from Q3 disasters

AmericanInternationalGroup(AIG)expectsa2-billion-US-dollarhitinthethirdquarterofthisyearfollowingatrioofmajorhurricanesintheAmericasandacatastrophicearthquakein

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Russia's budget deficit slashed in 9 months

RussiaslasheditsbudgetdeficitintheperiodJanuarytoSeptemberbyover16percentcomparedtothesameperiodlastyear,theRussianFederalTreasurysaidonMonday.Thebudgetrevenuea

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‘Never Say Die’ leading the China’s box office with 220 million dollars

With13filmsreleasedduringChina’sGoldenWeek,thedomesticcomedy‘NeverSayDie’dominatedthenationalholidaythisyear.Thebody-swappingcomedy,fromMahuaFunAge–aBeijingthea

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China's unicorn companies close in on the US

ChinaiscanteringuptotheU.S.inthenumberofunicornshatchedinthenationeachyear,asignificantshiftwhichhasbrokenanearmonopolyontheoriginoftheworld’smostnotablebillion

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Oil rises 2 percent, boosted by potential OPEC deal

‍Oilpricesroseabout2percentonThursdayassignsSaudiArabiaandRussiawouldlimitproductionthroughnextyearpushedtheUSbenchmarkbackabove50USdollarsabarrel.Thenewsoutwei

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Stephen King's "It" reclaims top spot at North American box office

StephenKing's"It"reclaimedthetopspotattheNorthAmericanboxoffice,defeatingTomCruise'slatestfilm"AmericanMade"andFox's"Kingsman:TheGoldenCircle"inacloserace."It"b

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Angry Birds maker Rovio valued at $1 billion in IPO

FinnishmobilegamesstudioRovioEntertainmentLtdpriceditsinitialpublicoffering(IPO)atthetopendofthepreliminaryrangeonThursday,givingitamarketvalueof896millioneuros

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BlackBerry shares soar as software sales hit record

Canada’sBlackBerryLtdreportedstronger-than-expectedquarterlyprofitonThursdayashigh-marginsoftwaresaleshitarecord,boostinginvestorconfidenceinitsturnaroundandsen

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Report: Street art reinvigorates soaring art market

TheartmarketisboomingfuelledbyrocketingpricesforcontemporaryartwithworkbystreetartistslikeBanksyamongthefastsellers,accordingtoanewreportWednesday.Fourofthetop1

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AIA buys Commonwealth Bank's life insurance arm for $3 bln

HongKong-listedAIAGrouppurchasedthelifeinsurancearmofAustralia'slargestbank,CommonwealthBank(CBA),for3.8billionAustraliandollars(3billionUSdollars)inadealannoun

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Bitcoin recovers after China's exchange closure freefall

Bitcoinresurgedinvaluetopeakatover4,100USdollarsonMonday,amassiverecoveryaftergoingintoafreefallbelow3,000USdollarslastFriday.Lastweek's16-percentdropcamefollow