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EU Foresees 'Weeks' of Talks despite UK Brexit Deadline

Brussels said Tuesday that negotiations for a post-Brexit trade deal could yet take weeks, as British Prime Minister Boris Johnson's self-declared deadline was about to expire.

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UK Unemployment Jumps to 4.5% on Virus Fallout

Britain's unemployment rate has jumped to 4.5 percent as the coronavirus pandemic continues to destroy jobs, official data showed on Tuesday.

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Asian Markets Slip as Vaccine Halt Dents Optimism

Asian markets mostly fell Tuesday as investors took a breather after the previous day's rally, with the mood dampened by news that a vaccine trial had been halted after a volunteer fell ill.

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The Life of Ghosn: Fugitive Tycoon to Star in Screen Productions

Fugitive auto tycoon Carlos Ghosn and his wife will take part in a documentary and a mini-series about his life, co-producers Alef One of France and MBC of Saudi Arabia said Monday.

The ex-Nissan chief was arrested in Japan in November 2018 on financial misconduct charges and spent 130 days in detention, before he dramatically jumped bail and smuggled himself out of the country late last year.

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American Duo Wins Nobel Economics Prize for Work on Auctions

U.S. economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize on Monday for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said.

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Why is the ECB Eying a 'Digital Euro'?

The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.

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More Children Forced to Work as Coronavirus Batters India

His hands caked with paint and dust, Aakash looks right at home working at an auto repair shop -- except that he is a minor, one of millions forced into the Indian labor market.

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Stock Markets Firmer on Hopes for Post-Election U.S. Stimulus

Stock markets were mostly firmer Thursday, with investors increasingly confident Joe Biden and the Democratic Party will win the U.S. presidency and both houses of Congress, paving the way for a huge new coronavirus stimulus package, analysts said.

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Report: AMD Could Buy Chip Rival Xilinx for $30 Billion

Advanced Micro Devices is reported to be in talks to buy chip-making rival Xilinx in a deal valued at more than $30 billion, further consolidating the industry.

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Saudi Setback over EU Push to Downgrade G20 Presence

A push to downgrade the EU's attendance at next month's G20 summit in Riyadh over human rights concerns marks another setback for Saudi plans to host a coming-out party on the world stage.

The European Parliament passed a wide-ranging resolution on Thursday calling for the European Union (EU) and its member states to downgrade their representation at the virtual summit in order to "avoid legitimizing impunity for human rights violations and ongoing illegal and arbitrary detentions in Saudi Arabia."

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