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Dow drops over 1,000 as outbreak threatens global economy......

The Dow Jones Industrial Average slumped more than 1,000 points Monday in the worst day for the stock market in two years as investors worry that the spread of a viral outbreak that began in China will weaken global economic growth. Traders sought s...

Global stocks tumble as gold soars on virus pandemic fears...

"Gold prices surged to $1,689.31 per-ounce, a level last seen in January 2013, as investors seeking safety bought the precious metal amid the market turbulence" Global stocks were hammered Monday and gold prices soared on safe-haven buying as fe...

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US, India at odds over trade as Trump heads for meeting with PM Modi: Officials..

"U.S. concerns that led last year to the suspension of India’s tariff free access for some $5.6 billion in exports under the 1970s-era Generalized System of Preferences still remain, a senior Trump administration official told reporters on a co...

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Govt to sell 100 pc stake in Air India; issues bid document..

The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment with the deadline for submitting expression of interest set as March 17 As part of the st...

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Malaysia open to Davos talks with India amid palm oil spat..

Malaysia’s trade minister is open to meeting his Indian counterpart at the World Economic Forum gathering this week, his ministry said on Monday, after New Delhi said no such encounter was possible amid a spat over palm oil supplies. It was th...

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Samsung says may invest $500 million to set up display factory in India..

South Korean flat screen maker Samsung Display plans to set up a factory in India with a $500 million investment as parent Samsung Electronics Co Ltd seeks to expand smartphone production there, a regulatory filing showed. The move would be a boon f...

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Alphabet Hits $1 Trillion Market Cap,Bulls See More Upside Ahead..

As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion (£765 billion), some funds holding its shares are wondering whether now is the time to cash in on the stock’s extraord...

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Retail inflation rises to 5-yr high of 7.35 percent in December ..

"Retail inflation rose sharply to 7.35 percent in December 2019 from 5.54 percent in November, government data said on Monday" Annual retail inflation accelerated to 7.35% in December, the highest in more than five years, strengthening views that th...

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Global economy faces tenuous recovery beset by risks: World Bank..

"The potential for easing trade tensions between the world's two economic powers bodes well for global growth after three years of slowing" A renewal of trade tensions, which eased recently with announcement of an initial agreement between the Unite...

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Gold races to near 7-yr peak after Iran strike on U.S. forces roils markets..

Gold surged past the $1,600 level for the first time in nearly seven years earlier on Wednesday after Iran carried out retaliatory attacks against U.S. forces in Iraq, but the metal pared gains as investors awaited reaction from the White House. Spo...

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"Koenigsegg" a supercar challenging Swedish stereotypes..

"Nearly a decade later, in March 2003, the first production car, the CC8S, was delivered at the Geneva Motor Show" "In 2002, a mere eight years after the company was founded, the engine of the Koenigsegg CC8S was named the world's most powerful in a...

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