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U.S. Regulators Approve Disney-Fox Mega-Deal, with Conditions

U.S. antitrust regulators on Wednesday conditionally approved Walt Disney's proposed $71.3 billion purchase of key 21st Century Fox assets, boosting the chances for the tie-up to create a new media-entertainment powerhouse.

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Bank of England Criticizes Brussels on Brexit plans

The Bank of England on Wednesday criticized the European Union for not revealing financial sector contingency plans in the event of Britain leaving the bloc without a deal.

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Report: U.S. Debt Highest of Post-War Era

U.S. sovereign debt is approaching historically high levels and in three decades debt service will cost as much as Social Security spending, the Congressional Budget Office reported Tuesday.

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Bahrain Says Gulf Allies to Boost Financial Support

Bahrain said Wednesday that its Gulf allies are to unveil a new support package to shore up its finances, which have been strained by seven years of persistent civil unrest.

The kingdom's central bank intervened on Tuesday to defend the value of the dinar, promising to maintain its peg to the dollar against pressure on spot markets, London-based Capital Economics said.

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UK Car Investment Almost Halves on Brexit

Investment in Britain's key automotive sector collapsed by almost half in the first six months of the year owing to Brexit uncertainty, industry data showed on Tuesday.

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Libya Govt Says Oil Exports by Rival Administration 'Illegal'

Libya's UN-backed government warned Tuesday that any new attempt by a rival administration in the east to export oil independently will be stopped after the region's military strongman handed it control of key ports.

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Harley-Davidson Moves Some Work from US Due to Tariffs

Harley-Davidson plans to shift some manufacturing of its iconic motorcycles overseas to avoid retaliatory European tariffs imposed last week, the company said Monday.

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Jacques Saade, Founder of French Shipping Giant, Dead at 81

French-Lebanese businessman Jacques Saade, who founded CMA CGM, which went on to become the world's third largest container shipping firm, has died, his company said. He was 81. 

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Tehran's Grand Bazaar Strikes in Protest at Rial Collapse

Traders in the Iranian capital's Grand Bazaar held a rare protest strike Monday against the collapse of the rial on the foreign exchange market as demonstrators also took to the streets.

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Turkey Lira Surges against Dollar after Erdogan Victory

Turkey's embattled lira, which had lost some 20 percent in value against the dollar this year, on Monday surged some three percent in value against the greenback following President Recep Tayyip Erdogan's decisive election victory.

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