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China outbound investment up 28.3% in 11 months
Chinese overseas investment rose to $80.2 billion in the first 11 months of 2013, the government announced Wednesday - exceeding the entire total for last year. ... more
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EU probes Germany energy price breaks for business
The European Commission opened a probe Wednesday into German help for large companies amid its green energy shift, sparking a warning from Chancellor Angela Merkel that Berlin would fight back. ... more
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BP engineer guilty of obstructing oil spill investigation
A drilling engineer for British oil giant BP was found guilty Wednesday of destroying text messages in his smartphone, obstructing the investigation into the 2010 Gulf of Mexico oil spill. ... more
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Bitcoin crashes after China bank measures
The virtual currency Bitcoin crashed in China on Wednesday, falling nearly 50 percent after the country's biggest trading platform BTC China banned deposits in yuan following new restrictions reportedly imposed by the central bank. ... more
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