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Existential Debate in U.S. Food Industry: What is Meat?

Can a hamburger or steak be labeled "meat" if it is plant-based?

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Airbus, Boeing Fly into Lucrative Services Market

Airbus and Boeing may have built their global success on the back of the transcontinental airliners but they are now eyeing a lucrative if rather less glamorous side of the aviation sector in their battle to dominate the skies -- parts and repairs.

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VW 'Contests' Report Boss Knew of Diesel Cheating Risk

German carmaker Volkswagen rejected Sunday a report that chief executive Herbert Diess knew of the financial risks from the firm's massive diesel cheating earlier than he has so far acknowledged.

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UAE Launches $45 Billion Investment to Boost Refineries

Abu Dhabi National Oil Co. on Sunday announced a $45-billion ($38-billion-euro) investment to modify an existing facility into one of the world's largest integrated refining and petrochemicals plants.

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Russian Companies to Benefit from US Iran Withdrawal

While Russia has condemned Washington for its withdrawal from the Iran nuclear deal, Moscow remains less exposed to the economic consequences of US sanctions than Europe and its companies could even benefit from the move.

"The deal and the lifting of sanctions in 2015 marked the return of European business to Iran. But it's unlikely they can keep doing business today, giving room to Russia," said independent political scientist Vladimir Sotnikov.

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Stocks and Oil Rallies Falter

Europe's main stock markets ran out of steam Friday in an "uninspired" performance amid a dearth of economic data, dealers said.

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Five Residents Win Bid to Buy Scottish Island

Residents on a remote Scottish island of pristine beaches, lush hills and craggy coastlines celebrated on Friday after reaching an agreement to buy their home, fending off bids from tycoons.

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Brazil's Inflation Stays Tame at 0.22 Percent

Price rises in Brazil notched up ever so slightly in April with 0.22 percent inflation, but the rate for the first four months of the year hit its lowest since 1994, official statistics indicated Thursday.

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Bank of England Holds Rate, Cuts Growth Forecast

The Bank of England on Thursday left its key interest rate at 0.50 percent as it slashed the growth forecast for the British economy less than one year before Brexit.

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EBRD to Invest $3.3 Billion in Jordan Infrastructure Projects

The European Bank for Reconstruction and Development will invest 2.8 billion euros ($3.3 billion) in infrastructure projects in Jordan, according to a letter of intent signed Thursday in Amman.

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