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Britain's biggest carmaker JLR to hire 5,000 staff in Brexit boost

Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 more staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election.

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Indonesia deploys Sukhoi jets to guard against fleeing militants

Indonesia has deployed Sukhoi fighters at a base in northern Borneo to beef up security in case Islamist militants who overran a town in the Philippines try to flee southwards, an air force colonel told the Antara news agency.

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China central bank plans fresh incentives to support green financing

China's central bank plans to step up support for "green" financing, including incentives to encourage banks to extend more loans for projects friendly to the environment, a deputy governor, said on Friday.

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Macron camp talks up electoral reform plan as likely landslide grows

New French President Emmanuel Macron's government reaffirmed on Friday its plan for electoral reform as the scale of the likely parliamentary majority it is set to win grew and predicted voter turnout shrank.

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Russia's military says may have killed IS leader Baghdadi: agencies

Russia's Defense Ministry said on Friday it was checking information that a Russian air strike near the Syrian city of Raqqa may have killed Islamic State leader Abu Bakr al-Baghdadi in late May.

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Oil hits six-week low as OPEC fails to curb oversupply

Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts about OPEC's ability to implement agreed production cuts.

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Warburg Pincus to buy 43 percent in India's Tata Tech for $360 million

An affiliate of private equity firm Warburg Pincus will buy an about 43 percent stake in Indian engineering outsourcing provider Tata Technologies Ltd for $360 million.

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Euro zone industry output rises, employment hits record high

Euro zone industrial output grew in April and employment rose in the first quarter of the year to reach a record high, data released on Wednesday showed, in fresh signs of healthy growth of the bloc's economy.

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U.S. lawmaker, others shot on baseball field by man angry with Trump

A man who had posted angry messages against President Donald Trump and other Republicans on social media opened fire on Republican lawmakers practicing for a charity baseball game on Wednesday, wounding a senior U.S. House member and three other people.

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Fire engulfs London tower block, at least 12 dead, dozens injured

A blaze engulfed a 24-story housing block in central London on Wednesday, trapping residents as they slept and killing at least 12 people in an inferno that the fire brigade said was unprecedented in its scale and speed.

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Philippines says U.S. troops near besieged Marawi, but not fighting

U.S. troops are on the ground near Marawi City in the southern Philippines, but are not involved in fighting Islamist militants who have held parts of the city for more than three weeks, a Philippines military spokesman said on Wednesday.

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London fire could delay deal between UK's Conservatives and DUP

A deal between Northern Ireland's Democratic Unionist Party and British Prime Minister Theresa May's Conservatives could be delayed until next week after a fire in an apartment block in central London killed several people on Wednesday, the BBC reported.

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German Finance Minister urges ECB to change policy soon

German Finance Minister Wolfgang Schaeuble said on Tuesday the European Central Bank needed to exit its current monetary policy "in a timely manner", warning that very low interest rates had caused problems in some parts of the world.

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British inflation jumps again in May, tightening squeeze on consumers

British inflation unexpectedly jumped to its highest level in nearly four years in May, tightening the squeeze on consumers who now face the added worry of political uncertainty after last week's inconclusive election.

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German ministry orders probe of Porsche emissions

The German Transport Ministry has ordered the KBA watchdog agency to examine the emissions of sports car maker Porsche (PSHG_p.DE), a unit of Volkswagen (VOWG_p.DE), a ministry spokesman said on Monday following a critical media report.

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South Korea's Moon says historical issues blocking ties with Japan

South Korea's President Moon Jae-in said on Monday bilateral ties with Japan are being held back by historical issues, his office said, in an apparent reference to Korean women forced to work in Japan's wartime brothels.

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Norway proposes ban on full-face veils in schools

Norway aims to ban face-covering Muslim veils in kindergartens, schools and universities, the government said on Monday, the latest European nation to propose restrictions on wearing burqas and niqabs.