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South Africa minimum wage the beginning of a difficult process: Nene

Simon Dawson | Bloomberg | Getty Images South Africa’s Minister of Finance Nhlanhla Nene speaks to reporters at an investor event in London, U.K., on March 13, 2018. South Africa is one of the most unequal societies in the world. According to the World Bank, the poorest 20 percent of …

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Trump says he’s ‘looking forward’ to seeing Friday’s employment numbers

Leah Millis | Reuters President Donald Trump holds a Make America Great Again rally at Nashville Municipal Auditorium in Nashville, Tennessee, U.S., May 29, 2018. President Donald Trump sounded an optimistic tone ahead of Friday’s pivotal May nonfarm payrolls release from the government. About an hour before the 8:30 a.m. …

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Google blames Wikipedia for linking California GOP to Nazism

Patricia de Melo Moreira | Getty Images People pass by the Google logo at the Web Summit in Lisbon on November 8, 2017 Google has blamed “vandalism” on Wikipedia for a search result that linked the California Republican Party to Nazism. House Majority Leader and California GOP Representative Kevin McCarthy …

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Coalition deal agreed after Rome roils global markets

Franco Origlia/Getty Images Giuseppe Conte delivers a declaration after a meeting with Italian President Sergio Mattarella as part of consultations for a new government at the Quirinale Palace on May 23, 2018 in Rome, Italy. A populist coalition government will be sworn into power in Italy Friday, ending months of …

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Stop bashing Trump, Hungary’s foreign minister tells Europe

Eric Feferberg | AFP | Getty Images French President Emmanuel Macron (L) and German Chancellor Angela Merkel (2nd L) speaks as US President Donald Trump (C) arrives for a family picture during the NATO (North Atlantic Treaty Organization) summit at the NATO headquarters, in Brussels, on May 25, 2017. Criticizing …

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Deutsche Bank US operations designated to be in ‘troubled condition’ by the Fed: DJ, citing sources

Kai Pfaffenbach | Reuters 2016A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany. The Federal Reserve has designated Deutsche Bank’s U.S. business as being in “troubled condition,” The Wall Street Journal reported Thursday, citing sources familiar with the matter. The downgrade to one of …

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Trump reportedly poised to ban German luxury carmakers in the US

Mandel Ngan | AFP | Getty Images President Donald Trump speaks to the media as he makes his way to board Marine One from the South Lawn of the White House on May 23, 2018. President Donald Trump is preparing to impose a total ban on German luxury carmakers from …

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SenseTime raises more than one billion dollars in mere months

Vivek Prakash | Bloomberg | Getty Images Xiaoou Tang, founder of SenseTime, speaks at the Jumpstarter start-up pitch event in Hong Kong, China, on Tuesday, Nov. 21, 2017. Investors are pouring funds into Chinese artificial intelligence company SenseTime. The image recognition firm said Thursday that it raised $620 million in …

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Korean Air HQ raided by prosecutors over suspected embezzlement-Yonhap

Chung Sung-Jun | Getty Images Korean Air pilots, cabin crew and activists, many wearing Guy Fawkes masks, attend a rally on May 4, 2018 in Seoul, South Korea. South Korean prosecutors raided the headquarters of Korean Air Lines over suspected embezzlement and breach of trust by members of its owning …

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Trump administration plans to impose tariffs on EU steel and aluminum: Sources

Fabian Bimmer | Reuters Workers of German steel manufacturer Salzgitter AG stand in front of a furnace at a plant in Salzgitter, Germany, March 1, 2018. The White House is not planning on extending the European Union exemptions from steel and aluminum tariffs, CNBC has confirmed. The Trump administration is …

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