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Sky sells controlling stake in betting business to CVC
Reuters, London :European pay-TV group Sky (SKYB.L) has agreed to sell a controlling stake in Sky Bet to CVC Capital Partners [CVC.UL] in a deal...
Is world too dependent on oil?
BBC :Oil prices are on their longest losing streak since 2008, which may be good for consumers, but is causing financial pain for countries such...
Best Buy to sell China business, focus on North America
Reuters, Shanghai :US retailer Best Buy Co Inc (BBY.N) said on Thursday it will sell its struggling China business, Five Star, to domestic real estate...
US jobs, services sector data underscore economy’s resilience
Reuters, Washington :US private companies added workers at a fairly brisk clip in November and the services sector grew strongly, suggesting a slowing global economy...
Modi refuses to fire minister for attack on non-Hindus
AFP, New Delhi :India’s Hindu nationalist premier Narendra Modi on Thursday rejected angry calls to dismiss a government minister whose derogatory comment about religious minorities...
Xi has consolidated power quickly, worrying neighbours: Obama
Agencies, Washington :US President Barack Obama said on Wednesday that Chinese President Xi Jinping had consolidated power more quickly than any Chinese leader in decades,...
Mysterious NASA plane spotted
Agencies New York :A mysterious NASA plane has been spotted in eastern Africa, leaving people curious whether it was on some secret mission.The broad-winged white...
Hong Kong student protesters consider pulling up stakes
AFP, Hong Kong :Hong Kong’s student leaders said Thursday they would decide in the coming days whether to leave protest sites they have occupied for...