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Qatar Airways expects Trump’s travel ban to be relaxed: report

Qatar Airways Chief Executive Akbar Al Baker on Tuesday said he expected U.S. President Donald Trump would eventually relax a travel ban targeting seven predominantly Muslim countries, New Zealand media reported. The travel ban, Trump's most controversial act since taking office last month, was halted temporarily on…

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Qatar Airways expects Trump’s travel ban to be relaxed: report

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U.S. government agency sued over sale of ‘certified’ used cars

The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission (FTC) on Monday for allowing used cars to be advertised as “certified” or safe despite being the target of an outstanding safety recall. The FTC reached an agreement in January 2016 with General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc , that allows them to advertise cars as “certified pre-owned vehicles” even though they might have an issue …

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U.S. government agency sued over sale of ‘certified’ used cars

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U.S. department stores steady profitability boat even as sales slide

U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins. An analysis of two important indicators of retail profitability, gross margins and operating margins, shows retailers like Kohl's Corp , JC Penney Co Inc , Macy's Inc and Target Corp have done a better job at delivering on profitability than maintaining sales growth.

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U.S. department stores steady profitability boat even as sales slide

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Valeant sets earnings date, shares jump on hope for positive news

(Reuters) – Valeant Pharmaceuticals International Inc , the subject of intense scrutiny over its business practices and pricing policies, said it would release preliminary quarterly results and guidance on March 15, raising hopes the company will serve up some positive news after months of uncertainty. Valeant's stock – which had plunged 24 percent since the company said last week that it would delay its …

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Valeant sets earnings date, shares jump on hope for positive news

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Indian IT & ITES exports register impressive growth in 2014-15

After growing to $82 billion in 2014-15, the industry is poised to reach around $350 billion by 2020.

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Indian IT & ITES exports register impressive growth in 2014-15

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Brazilian court pulls the plug on WhatsApp

Popular messaging app shut down for 48 hours for noncompliance with a Brazilian court order.

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Brazilian court pulls the plug on WhatsApp

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Major U.S. banks raise prime rates after Fed rate hike

(Reuters) – Major U.S. banks raised their prime rates, a benchmark for a wide range of consumer and commercial loans, for the first time since 2006 on Wednesday, following a rate hike from the Federal Reserve. Banks including Wells Fargo & Co , JPMorgan Chase & Co and Bank of America Corp raised their prime rates

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Major U.S. banks raise prime rates after Fed rate hike

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AstraZeneca in talks to buy cancer drugmaker Acerta for $5 billion: WSJ

Netherlands based-Acerta is developing cancer drugs that use the body's own defenses against the disease. On Monday, Acerta reported that 95 percent of patients with chronic lymphocytic leukemia positively responded to

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AstraZeneca in talks to buy cancer drugmaker Acerta for $5 billion: WSJ

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U.S. consumers loosen purse strings as holidays start

U.S. consumers showed some muscle in November at the start of the holiday shopping season, suggesting enough momentum in the economy for the Federal Reserve to raise interest rates next week for the first time in nearly a decade. The outlook for consumer spending, which accounts for more than two-thirds of economic activity, got a lift from other data …

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U.S. consumers loosen purse strings as holidays start