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Global Business News for 18 Feb 2019

Saudi Arabia signs $20bn inThe huge investment comes as Crown Prince Mohammed bin Salman seeks to shore up Saudi's Asian allies.
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Medium term outlook remains positive till Nifty trades above 9,951 levels and we expect targets in the range of 12,500-12,800 levels in medium term.
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Stores accused of 'wateringCampaigners say retailers want fees to only apply to smaller containers, rather than all plastic bottles.
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Avendus has an exclusive agreement with proxy advisory firm IiAS, to assess NSE Nifty 100 Index companies based on ESG scores
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Survivors who stood in neck-deep water for days on end are pulled from an illegal gold mine in Zimbabwe, which flooded on February 16, killing 24.
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Chart Check: Nifty formsHere's a look at what the technical chart indicates for the headline indices for this week -
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Instead of delivering search results like Google, or shipping merchandise like Amazon, Recruit acts as a go-between, matching businesses with customers and taking a cut or selling ads along the way
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Mike Moustakas and the Brewers are nearing a deal that would keep the third baseman in Milwaukee for a guarantee of about $10 million, a person familiar with the negotiations …
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Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.
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A U.K. parliamentary committee rebuked Facebook Inc. in a new report that calls for regulation and intensified scrutiny of social-media companies.
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National Broadband Network Co chief executive Stephen Rue has defended the prices charged to telecommunications companies and confirmed the future profitability of the $50 billion taxpayer-funded... internet infrastructure business is "on track".
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'Something needs to change': Woolworths drops $1-a-litre milk

Sydney Morning Herald - 18 Feb 2019 01:34
Woolworths is raising the price of its two and three-litre home brand milk.
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Saudi Arabia on Sunday denied reports that its crown prince was bidding to acquire the famed Manchester United soccer club, suggesting it's all been a misunderstanding.
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Rate rise helps Westpac lift quarterly profit above $2b

Sydney Morning Herald - 18 Feb 2019 01:11
Westpac notched up $2.04 billion in profit during the December quarter, 6.8 per cent more than in previous quarters, helped by wider profits margins after it raised interest rates.
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Bill Gates says it's appropriate for the wealthy to pay more taxes, and he thinks he knows the way to do it.
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US bank Citigroup looking toIn a boost to the capital ahead of Brexit, the firm is said to be in talks with property owner AGC Equity Partners about acquiring 25 Canada Square tower in Canary Wharf.
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Former Maine Gov. Paul LePage and members of his staff billed Maine taxpayers at least $22,000 for room reservations and...
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Dear China, Get Ready For 25% Tariffs

Forbes - 18 Feb 2019 00:30
Dear China, Get Ready For 25%Why would Trump bring two more China hawks to the negotiating table, especially if they are anti-Trump Democrats?
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China seizes $1.5 billion inThe crackdown follows a swathe of scandals in the lightly regulated industry.
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Most fund managers don't beat the market. Yet they are pretty good stock pickers. So what goes wrong? The post Buying stocks is easy - selling them is the difficult bit was first published on... MoneyWeek.
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The Nikkei ended the day up 1.82 per cent at 21,281.85 after brushing 21,306.36, its highest since Dec. 18.
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Can I keep my Isa if I moveI am moving to Australia in June, what will happen to my Isa? This is Money asks the experts what the rules are for expats when it comes to tax-free savings and investments in the UK.
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Could six 'interesting' coinsThe coins are the 2010 Florence Nightingale £2, the 2016 Peter Rabbit 50p, the 2011 WWF 50p, the 2017 Sir Isaac Newton, the 2011 Olympic Table Tennis 50p, and the 1982 Eire 2p. What's their value
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The Nifty PSU Bank index was trading 0.54 per cent down at 2679.90 around 02:01 pm.
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How is graduated pensionUnits were purchased at a higher cost for women because they reached state pension age at 60. Now this is no longer the case will this portion of the pension be equalised? Steve Webb replies.
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