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Venezuela Creating Digital Currency amid Financing Crisis

Venezuela is creating a digital currency to combat a financial blockade by the United States, President Nicolas Maduro announced Sunday.

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Dollar Gains on US Tax-Cut Passage but Flynn Deal Fuels Concerns

The dollar rose in Asia on Monday after US senators squeezed through a tax-cut bill at the weekend, but equities were muted on news that a former aide to Donald Trump had agreed to co-operate with a probe into Russian election interference.

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Fears Brexit Could Harm Irish Horseracing Trade

Thoroughbred horse breeding is an instance where Ireland can claim to be among the world's best, but Brexit is giving the industry huge cause for concern.

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Catwalk Goes Online with 'First Ever' Runway Auction

The catwalk has met the auctioneer's gavel and gone online.

In a streaming fashion show Saturday, a California auction house aimed to modernize the auction format with what it calls the "first ever runway fashion show auction."

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Last Tango for Eurogroup Chief Dijsselbloem

Jeroen Dijsselbloem, who steps down as chair of the Eurogroup on Monday, rose from obscurity to become an unflappable dealmaker who helped guide Europe through the worst of the Greek debt crisis.

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Iran Inaugurates New Indian Ocean Port

Iran inaugurated a long-awaited new port at Chabahar in the southeast Sunday, which it is hoped will be a major new trade hub linking India and Africa with Central Asia.

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SGBL Group Expands Into Europe Via the Acquisition of Private Banks KBL Richelieu in France and KBL Monaco

SGBL announced the signature of an agreement with KBL European Private Bankers (KBL epb) concerning the acquisition by SGBL of KBL Richelieu bank in France and KBL bank Monaco, a press release said on Saturday.

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Asian Investors Tread Carefully with US Tax Reform in the Balance

Investors in Asia shifted nervously on Friday as Donald Trump's much-hyped tax-cut plans hung in the balance after a plan to push them through hit unexpected hurdles.

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Luciano Benetton to Return to Clothing Giant's Helm at 82

Luciano Benetton, one of the founders of the eponymous Italian clothing company, announced his return Thursday to the helm of the struggling company.

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Mexico Liberalizes Gasoline Prices

Mexico removed its last price controls on gasoline and diesel Thursday, the final step in a reform that triggered riots when it began in January.

The elimination of price controls in the south and center of the country was only supposed to take effect on December 30, but the national energy regulator said the reform was going so well in the north that it had decided to push forward the date.

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