Wednesday 31 August 2016
 
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India probes damage caused by submarine data leak

India is investigating the extent to which secrets about French Scorpene submarines being built in the country have been compromised, its defence ministry said on Wednesday, after a leak of documents relating to its combat capabilities. The leak, which was first reported in The A

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Quake devastates mountain towns in central Italy; 20 killed

An earthquake devastated a string of mountainous towns over a swathe of central Italy early on Wednesday, trapping residents under hills of rubble, with at least 20 people believed killed and many missing. The quake struck in the early hours of the morning when most people were a

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Clinton details plans to boost small businesses

Democrat Hillary Clinton on Tuesday vowed to make starting a small business in the United States as easy as opening a lemonade stand if elected president, targeting a large economic sector and a significant voting bloc. Her flagship proposal is to establish a standard tax deducti

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Oil falls on US stocks build, China demand fears

Oil prices fell early on Wednesday as an unexpected build in US crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. International Brent crude oil futures LCOc1 were trading

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Six killed by 6.2 magnitude quake in Italy

At least six people are believed to have died following a strong earthquake in central Italy, officials told state broadcaster RAI on Wednesday. The mayor of the central Italian town of Accumoli said a number of buildings had been badly damaged by the 6.2 magnitude quake.

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Clinton leads Trump by 12 points – poll

Democratic presidential nominee Hillary Clinton leads Republican rival Donald Trump by 12 percentage points among likely voters, her strongest showing this month, according to a Reuters/Ipsos opinion poll released on Tuesday. The Aug. 18-22 poll showed that 45 per cent of voters

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UK manufacturing bolstered by pick-up in exports

Manufacturing output in the UK grew while total orders remained solid, according to the latest CBI monthly Industrial Trends Survey. The survey of 505 firms found that export order books reached a two-year high, suggesting that the depreciation of sterling since the end of last y

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Oil slips below $49 as producer action hopes recede

Oil fell below $49 a barrel on Tuesday, giving up part of August's strong rally, as signs of rising supply outweighed hopes that producing nations will agree steps to support prices. A Nigerian militant group, which has claimed a wave of attacks on oil facilities, said at the

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Oil falls as Sachs warns on oversupply

Oil prices fell early on Tuesday as analysts including Goldman Sachs warned that August's price rally had been overdone, and that a proposed oil production freeze at current near record levels would not help rein in an oversupplied market. International Brent crude oil future

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