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Shares, emerging market currencies steady after fresh mauling

LONDON Bruised world shares and emerging market currencies fought to regain their footing on Thursday, after China said it will hold trade talks with the United States later this month and Turkey’s lira continued its recovery run.

Recent Business News

UK regulator sticks to 14 pounds a share floor for Sky from Disney

LONDON Britain's Takeover Panel said on Thursday it had confirmed its ruling that Walt Disney might have to offer at least 14 pounds a share to buy UK pay-television group Sky.

2:29am EDT

Trade unions unite in protest at likely new Air France KLM boss

PARIS The major trade unions representing Air France KLM staff issued a joint statement on Thursday to protest the likely choice of Air Canada executive Benjamin Smith as Air France KLM's new chief executive.

3:02am EDT

Trump says his steel tariffs will save the U.S. industry: WSJ

WASHINGTON President Donald Trump said on Wednesday his tariffs on foreign steel are saving the U.S. industry and he predicted that in the future American steelmakers will mostly face domestic competition, the Wall Street Journal reported.

Aug 15 2018

U.S. retail sales, manufacturing data bolster third-quarter economic outlook

WASHINGTON U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter.

Aug 15 2018

U.S. tariffs to stay on Turkey, Qatar offers Ankara aid

ISTANBUL/WASHINGTON The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged $15 billion in investment to Turkey, supporting a rise in the Turkish lira. | Video

World, Turkey5:49am EDT

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