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BP Deepwater Horizon costs rise to $65 billion

LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion (47.28 billion pounds).


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Posted 2018/01/16 11:18:10

Ahead of UK summit, Macron visits migrants in port of Calais

CALAIS, France (Reuters) - French President Emmanuel Macron visited a migrant reception centre and quizzed refugees in Calais on Tuesday, taking stock of the pressure on the Channel port ahead of a summit with British Prime Minister Theresa May this week.


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Posted 2018/01/16 11:05:07

Inflation falls back for first time since June as Brexit hit wanes

LONDON (Reuters) - British inflation eased off its post-Brexit vote high in December, official data showed on Tuesday, suggesting the financial squeeze on many households could be about to get a little bit easier.


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Posted 2018/01/16 10:43:00

FTSE 100 rises, shakes off weaker commodity stocks

LONDON (Reuters) - The UK's top share index edged higher on Tuesday thanks to a fall in sterling, though weaker commodity stocks kept gains in check.


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Posted 2018/01/16 10:34:36

Bangladesh agrees with Myanmar to complete Rohingya return in two years

DHAKA/COX'S BAZAAR (Reuters) - Bangladesh said on Tuesday it would complete the process of returning within two years many of the hundreds of thousands of Rohingya Muslims who had fled a conflict in Myanmar, following a meeting of the neighbours.


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Posted 2018/01/16 10:32:59

Bitcoin slides 18 percent on crackdown fears; crypto rivals also plunge

LONDON (Reuters) - Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading of cryptocurrencies in South Korea was still an option drove fears grew of a wider regulatory crackdown.


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Posted 2018/01/16 10:20:04

JD Sports sees annual profit ahead of market expectations

(Reuters) - JD Sports Fashion Plc, Britain's largest sportswear retailer by market value, on Tuesday forecast annual pretax profit ahead of market expectations on strong trading in the second half of the year, including the key Christmas period.


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Posted 2018/01/16 09:14:35

Asia shares hit historic highs, dollar slips anew

SYDNEY (Reuters) - Asian shares hit historic highs on Monday after Wall Street extended its record-breaking run, while the U.S. dollar retreat continued as investors priced in the risk of tighter policies elsewhere in the developed world.


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Posted 2018/01/15 01:52:12

Jaguar Land Rover to open R&D centre for automated tech in Ireland

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering centre in Ireland, creating 150 jobs to work on advanced automated driving and electrification technologies.


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Posted 2018/01/15 00:34:55

Virtual becomes reality as British shop visits fall in December

LONDON (Reuters) - The number of people visiting British stores in December showed its biggest decline for five years, illustrating how retail is being transformed by online shopping, a survey showed on Monday.


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Posted 2018/01/15 00:27:12

London home-sellers cut prices by most since 2009 - Rightmove

LONDON (Reuters) - The prices that London home-sellers are seeking for their properties fell by the most since the financial crisis this month, at a time when prices in most of the rest of Britain are rising, industry figures showed on Monday.


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Posted 2018/01/15 00:23:28

China absence looms over Canada meeting on how to pressure North Korea

VANCOUVER (Reuters) - Foreign ministers from around 20 nations gather on Tuesday to discuss how to curb North Korea's nuclear ambitions through diplomatic and financial pressure, but China, seen as a key player in any long-term solution, will be absent.


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Posted 2018/01/14 23:42:25

Exclusive: France expects UK to pay up, take more refugees to keep border - official

PARIS (Reuters) - France expects Britain to agree to take more asylum seekers and pay more for border security in order to maintain a frontier on the French side of the Channel, a French government official said.


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Posted 2018/01/14 23:05:04

U.S.-led coalition helps to build new Syrian force, angering Turkey

BEIRUT/ISTANBUL (Reuters) - The U.S.-led coalition is working with its Syrian militia allies to set up a new border force of 30,000 personnel, the coalition said on Sunday, a move that has added to Turkish anger over U.S. support for Kurdish-dominated forces in Syria.


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Posted 2018/01/14 16:53:36

Scottish leader says will look at independence vote by end of year

LONDON (Reuters) - Scottish leader Nicola Sturgeon said on Sunday she would be able to make a judgment on whether to hold a second referendum on Scottish independence by the end of this year after a shape of a deal between Britain and the European Union becomes clear.


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Posted 2018/01/14 10:12:48

Brexit vote may be reversed, says British campaigner Farage

LONDON (Reuters) - Brexit campaigner Nigel Farage said on Sunday he was increasingly concerned that a vote for Britain to leave the European Union could be overturned by a powerful group of the bloc's supporters.


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Posted 2018/01/14 09:18:06

Trump denies vulgar remarks about Haiti, African countries; condemnation mounts

WASHINGTON (Reuters) - Facing strong condemnation at home and abroad, U.S. President Donald Trump on Friday denied using the word "shithole" to describe Haiti and African countries, but kept up criticism of a Senate immigration plan that he said would force the United States to admit people from countries that "are doing badly."


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Posted 2018/01/13 00:52:35

Dollar hits three-year low vs. euro; Wall Street hits new highs

NEW YORK (Reuters) - The U.S. dollar fell to a more than three-year low against the euro on Friday, extending recent losses on expectations European Central Bank policymakers are preparing to reduce stimulus, while U.S. stocks continued to rally and marked record closing highs.


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Posted 2018/01/12 22:45:47

Carillion shares plunge as rescue talks drag on

LONDON (Reuters) - British building and services company Carillion remains in "constructive discussions" with its creditors and suggestions they have rejected its business plan are incorrect, the company said on Friday.


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Posted 2018/01/12 18:40:46

Sterling soars to highest level since Brexit vote

LONDON (Reuters) - Sterling on Friday rocketed to its highest level against the dollar since the vote to leave the European Union, after a report that the Netherlands and Spain were open to a deal for Britain to remain as close as possible to the trading bloc.


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Posted 2018/01/12 18:17:46