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Added on the 16/04/2015 17:29:59 - Copyright : Reuters EN
Hurricane Matthew may cause $25-30 bln in insurance losses and become the second costliest U.S. hurricane on record for insurers, according to initial industry estimates. Bobbi Rebell reports.
Research conducted by the London Business School suggests Britain's biggest companies could feel the pain now England has been knocked out of the Rugby World Cup. As Joel Flynn reports, it's all about the adverse effect on investor sentiment.
The United States "will not accept" a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said on Monday as she wrapped up high-level talks in China. This was the situation over a decade ago when Chinese government support led to a surge in steel exports, she told reporters, adding: "I know that these serious concerns are shared by our allies and partners." SOUNDBITE
Hundreds of people in the southern Nigerian city of Lagos protest the high cost of living in the country as part of a nationwide call to demonstrate by the Nigerian workers union. IMAGES
Republicans kill a $118 billion immigration and foreign aid package that had linked US funding for Ukraine and Israel with stringent domestic border security measures. Chuck Schumer, the leader of the Democratic-led Senate, calls for a second vote to approve the foreign aid without the immigration curbs. IMAGES
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.
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