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Sales of Ivanka Trump Products Soar in 2016

Sales of Ivanka Trump's clothing collection soared by nearly 61 percent in 2016, the company that manufactures products for the president's daughter's line and other brands said on Monday.

The figures from the G-III Apparel Group cover wholesale revenue from February 2016 through January 2017, the company said in a recently released annual report.

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Turkey's Vestel Says in Talks to Buy Toshiba TV Ops

Turkey's electronics manufacturer Vestel said Monday it is in talks to buy the television unit of Japan's Toshiba but declined to predict at this point whether a deal will actually be reached. 

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Australia Wheat Board Chairman Punished over Saddam 'Kickback'

The former chairman of an Australian wheat firm was fined Aus$50,000 (US$37,500) Monday and banned from managing a corporation for five years over the payment of huge kickbacks to Saddam Hussein's government in Iraq.

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Asian Traders Tread Uneasily as Syria Strike Fuels Tensions

Asian investors moved cautiously Monday as last week's US missile strikes on a Syrian airfield fueled geopolitical tensions and led to sabre-rattling between Washington and Russia.

There are fears about brewing tensions between the two powers, with the US suggesting there can be no peace while Moscow-backed Bashar Assad remains Syria's president.

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Barclays, Its CEO Probed over Whistleblower Program

Barclays on Monday confirmed it was under investigation along with its CEO Jes Staley over his attempts to uncover the identity of a whistleblower within the British financial giant.

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Failed Pepsi, Nivea Ads Show Industry's Diversity Problem

Recent high-profile advertising missteps by Pepsi and skin-care company Nivea underscored anew Madison Avenue's awkward relationship with racial diversity at a time when the United States is becoming less white.

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London Finance Chief Upbeat after Brexit Trigger

The outlook for London's financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad.

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China Probes Chief of Top Insurance Regulator

China has opened an investigation into the head of its top insurance regulatory body, the anti-corruption watchdog said Sunday in an announcement that could signal problems for some of the country's most powerful companies.

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S. Africa to Re-Think Nuclear Deal after Junk Status

South Africa's ruling party on Sunday said the government will have to re-think its costly and highly contentious nuclear expansion program following last week's relegation of the country's creditworthiness to junk.

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Uber Smartphone Apps Provisionally Banned in Italy

An Italian court on Friday banned the use of smartphone apps for the ride-hailing group Uber, saying they contribute to traditional taxis facing unfair competition, local media reported.

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