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May 28, 2017

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Hotai Motor's profits jump two-fold despite stagnant sales. How did they do it?
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Police bust triad members for extortion
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Hong Kong independence duo plead not guilty over parliament chaos
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A new ad promoting the 2017 Summer Universiade has made it big
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'China tightens border controls with N. Korea'
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Business > Europe
New deadline for Greece set after another stalemate
Hopes for a breakthrough in negotiations for cash-strapped Greece were dashed again and another deadline was set.
 
A closely watched survey of business activity across the 19-country eurozone shows economic growth holding steady at a six-year high in May while job creation has picked up to one of the highest levels in nearly a decade.
 
EU nations set tough negotiating mandate for Brexit talks
The 27 European Union nations negotiating Britain's exit from the bloc have set a tough mandate for their chief negotiator during the opening part of the two-year proceedings.
 
'They stole my money': Greek dreams of retirement turn sour
A look at the problem through the stories of four pensioners.
 
This Brexit thing is like negotiating a trade accord backward: Merkel
German Chancellor Angela Merkel says the European Union will need mechanisms to deal with new rules in post-Brexit Britain that might distort competition.
 
The EU has fined Facebook 110 million euros for giving misleading in WhatsApp takeover
The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp.
 
Heart-shaped diamond sells for $13M, under auction estimate
A heart-shaped diamond billed as the largest of its kind to be auctioned off sold for less than the pre-sale estimate Wednesday, fetching a hammer price of 13 million Swiss francs (about $13.3 million.)
 
Sotheby's sells pink, blue diamond earrings for about $51M
Sotheby's sold a pair of pear-shaped diamond earrings at a hammer price of about $51 million Tuesday, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction's highlight fell short of the expected range.
 
Britain's unemployment rate has dipped to 4.6 percent, the lowest level for 42 years, official data showed on Wednesday, three weeks before a general election.
 
Confidence among German investors inched up in May, buoyed by optimism for the future of the eurozone following Emmanuel Macron's election to the French presidency.
 
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