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European stock markets steady as US back in record territory

London – European stock markets were steady to firmer on Tuesday as Wall Street pushed back into record territory following strong earnings from several blue-chip companies, including Caterpillar and McDonald’s, traders said. Investors took heart after US industrial giant Caterpillar lifted its profit outlook after a big jump in third-quarter …

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China lifts ban on stinky cheese

China has reversed an import ban on several types of soft and mould-ripened cheese, including Roquefort, Danish Blue, Gorgonzola and Stilton. The authorities imposed the ban in September because the strains of bacteria used to make the cheeses weren’t approved in China. Quarantine officials lifted the ban over the weekend …

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Sterling down against the dollar

The pound headed down against the dollar on Monday morning. The fall came after sterling received a boost on Friday amid signs of progress in talks over the UK’s exit from the European Union. “Over the weekend we’ve seen a lot of press indicating that there are divisions in the …

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Businesses implement Brexit contingency plans

What about the people who work at companies who may have to relocate some of their operations to the European Union? The CBI’s Carolyn Fairbairn says: “These are very real human costs in terms of communities because the decisions that firms are taking, in a very practical way, are very …

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