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'Most are Poor': Armenians Struggle with Low Wages, Huge Corruption

"For ten years, Sarkisian promised us a good life," said 41-year-old Anait Galstyan, while tending to her market stall in the Armenian capital Yerevan, mulling over the reasons why people took to the streets to force veteran leader Serzh Sarkisian to resign.

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India Merger to Create World's Second-Largest Mobile Mast Firm

India's Bharti Infratel and Indus Towers said Wednesday that they had agreed to merge in a deal that will create the world's second-largest mobile mast company.

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Comcast Formally Takes on Murdoch with £22 Billion Sky Bid

U.S. cable giant Comcast formalized Wednesday its £22 billion takeover bid for pan-European satellite TV group Sky, outbidding Rupert Murdoch's 21st Century Fox, whose lower offer has hit UK antitrust hurdles.

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Airbus and Dassault Say to Team Up on Combat Fighter

Airbus and Dassault Aviation announced Wednesday they intend to team up on the development of the future French-German combat fighter, a project Berlin and Paris unveiled last year.

The two firms "have decided to join forces for the development and production of Europe's Future Combat Air System," which is intended to enter service by 2040, they said in a joint statement released at the Berlin air show.

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Lloyds Banks Rising Profit on 'Resilient' Economy

Britain's Lloyds Banking Group, bailed out by the government during the global financial crisis, on Wednesday logged strong first-quarter profits on the back of the "resilient" UK economy.

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Diet Soda Sales Boost Coca-Cola Results

Solid sales of Coca-Cola's revamped diet cola offerings helped the soda giant score better-than-expected quarterly results on Tuesday.

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Music Business Grows at Record Pace as Digital Dominates

The global music industry soared a record 8.1 percent last year as digital sales for the first time made up the majority of revenue thanks to the streaming boom, the industry said Tuesday. 

Recorded music grossed $17.3 billion in 2017 with digital music -- until last year roughly equal to physical sales worldwide -- amounting to 54 percent of the revenue, the IFPI global body said in its annual report.

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Saudi Issues New Islamic Sukuk to Finance Budget

Saudi Arabia said Tuesday it has completed the issuance of a new Islamic sukuk sale to help finance its budget deficit as the kingdom accelerates borrowing despite rising oil prices.

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Dollar Strengthens with Bond Yields, Boosts Japanese Exporters

The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest rates, while most of Asia's major markets edged up after recent losses.

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U.S. Eases Sanctions Stance on Rusal; Aluminum Prices Tumble

The U.S. Treasury on Monday said that it could lift sanctions on Russian aluminum giant Rusal if tycoon Oleg Deripaska gives up control of the company.

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