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The Galveston County Daily News : Business

October 30, 2014

Business

Top Story

Tim Cook: 'I'm Proud to Be Gay'

NEW YORK (AP) — Apple CEO Tim Cook says he's proud to be gay.

  • icon Posted: October 30

Latest Headlines

Thursday 10/30/2014
Volkswagen Q3 profits jump 56 percent
Posted: October 30, 2014

FRANKFURT, Germany (AP) — Automaker Volkswagen AG says that net profit jumped 56 percent in the third quarter as the company sees continuing sales growth in China and Europe.

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Lenovo wraps up purchase of Motorola phone unit
Posted: October 30, 2014

BEIJING (AP) — Chinese computer maker Lenovo Group has completed its acquisition of Motorola Mobility from Google Inc. in a move aimed at becoming a global smartphone brand.

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Barclays sets aside $805 million in rigging probe
Updated: October 30, 2014 - 7:03 am

LONDON (AP) — Barclays, Britain's second biggest bank by assets, set aside 500 million pounds ($805 million) on Thursday to cover possible penalties amid international probes into the alleged manipulation of foreign exchange markets.

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German unemployment dips again in October
Updated: October 30, 2014 - 7:03 am

BERLIN (AP) — Germany's unemployment rate fell to 6.3 percent in October as the labor market in Europe's biggest economy continued to gain steam.

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Lufthansa lowers profit forecast for 2015
Updated: October 30, 2014 - 7:03 am

FRANKFURT, Germany (AP) — German airline Deutsche Lufthansa AG has lowered its profit forecast for 2015 over concerns that the global economy may experience a downturn next year.

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China eases monopoly on credit cards
Updated: October 30, 2014 - 7:03 am

BEIJING (AP) — China says it will ease restrictions on credit cards in a move that might give Visa, MasterCard and other foreign competitors greater access to the Chinese market.

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Ukraine-Russia gas talks deadlocked in Brussels
Updated: October 30, 2014 - 7:03 am

BRUSSELS (AP) — Talks to guarantee Russian gas imports into Ukraine throughout the winter are at an impasse as the rival nations consider the latest proposals to end the energy standoff.

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Stocks mostly gain after Fed ends stimulus
Updated: October 30, 2014 - 7:03 am

HONG KONG (AP) — World stock markets mostly rose Thursday, taking in stride the Federal Reserve's announcement it will end a stimulus program that was as massive as it was controversial. The dollar strengthened after the U.S. central bank hinted at an eventual interest rate hike.

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