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Alibaba is making a big play in the smartphone market
BEIJING (Reuters) - China's Alibaba Group Holding Ltd said on Monday it will buy a minority stake in little-known domestic smartphone maker Meizu Technology Co for $590 million, as the e-commerce giant...
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Here's what you need to know about the Swiss bank document leak
A group of journalistic institutions, including the Guardian, Le Monde, the BBC, and the International Consortium for Investigative Journalists, just published a huge story on global tax evasion...
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Day wins in nail-biting Torrey Pines playoff
La Jolla (United States) (AFP) - Australia's Jason Day parred the second hole of a four-man sudden-death playoff to win the $6.3 million Farmers Insurance Open at Torrey Pines.With his third US PGA...
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This is what the hedge funds that won 2014 looked like
Last year was a tough one for hedge funds.A recent Citi survey found hedge fund profits down for the year about $10 billion dollars – or 30 percent – from the year prior, and indexes from research...
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Paul McCartney got super embarrassed when the Grammy cameras caught him dancing
Paul McCartney got a little more air time on the Grammys than he expected.It all started when Ed Sheeran and ELO's Jeff Lynne performed "Evil Woman."The majority of the crowd was a little young to know...
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Four-way emergency Ukraine summit planned for Wednesday
Kiev (AFP) - The leaders of Ukraine, Germany and France are pushing for a summit with Russian President Vladimir Putin on Wednesday in a frantic bid to halt escalating bloodshed in eastern Ukraine.The...
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Beck wins Grammy for Album of the Year
Los Angeles (AFP) - Beck, the innovative rocker who has enjoyed critical acclaim for two decades, on Sunday beat major commercial acts to win the most prestigious Grammy for Album of the Year.Beck,...
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Sam Smith wins Record of the Year Grammy
Los Angeles (AFP) - Sam Smith on Sunday won the Grammy for Record of the Year for "Stay With Me," completing an impressive haul of four Grammys, including three major awards.The 22-year-old British...
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'Breaking Bad' fans will love 'Better Call Saul'
“Breaking Bad” spinoff “Better Call Saul” premiered on AMC Sunday, and it’s everything you could possibly want from a spinoff of the hit series — musical montages that pull at your heartstrings, cameos...
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Why 'The Walking Dead' had a shocking twist Sunday
Warning: There are major spoilers ahead if you haven’t seen the latest episode of “The Walking Dead.”“The Walking Dead” returned from its winter hiatus with an unexpected surprise for fans. For the...
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Kanye West almost grabbed Beck's best album Grammy on-stage
Beck surprised Grammy viewers and musicians alike Sunday night by beating out Beyoncé, Ed Sheeran, Sam Smith, and Pharrell for the show's biggest award — best album.As soon as Prince read Beck's...
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Pharrell gave Taylor Swift's Grammy dancing some serious side-eye
Taylor Swift is never one to shy away from a little dancing in her seat during awards shows.Sunday night's Grammy Awards were no exception.But one person was not amused by Swift's moves. Cue Pharrell's...
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An incredible moment between Taylor Swift and Kanye West at the Grammys
Back in 2009, Kanye West quickly earned the hatred of many Taylor Swift fans when he interrupted Swift's Video Music Award win for Best Female Video.He took stage during her acceptance speech, stealing...
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Why Katy Perry was wearing light-up devil horns at the Grammys
If you tuned in to the Grammys Sunday night, you may have noticed Katy Perry and pal, singer Ferras, sporting a pair of devil horns at the start of the awards show.The next time we saw Perry, the horns...
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22 dead in Egypt football violence
Cairo (AFP) - Twenty-two people died as thousands of fans tried to force their way into a Cairo football stadium Sunday to watch a game, triggering panic as police fired tear gas and birdshot at the...
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10 things you need to know before European markets open
Good morning! Here are the major market stories you need to read about today.Greece's new prime minister won't back down. Greece's new leftist prime minister, Alexis Tsipras, said on Sunday he would...
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Germany's ballooning trade surplus just hit a new record size
Germany's exporters just broke another record: The trade surplus for Europe's biggest economy is now at its highest on record. In 2014, Germany exported more than it imports by a bigger margin than...
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Suicide bomber kills at least 14 in north Baghdad
Baghdad (AFP) - A suicide bomber attacked a Shiite-majority area of north Baghdad on Monday, killing at least 14 people, security and medical officials said.The blast in Kadhimiyah, which is home to a...
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Restaurants haven't been doing this well in 10 years (XRT, PBJ)
Here's another positive sign for the US economy: restaurants are doing great.This chart, which comes to us from Torsten Sløk at Deutsche Bank shows the strength in the restaurant performance index,...
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The future of the US economy in one chart
Millennials are storming back into the work force. Last Friday, the monthly jobs report showed that in January, nonfarm payrolls grew by 257,000 in the US. And with revisions to recent reports, the...
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