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Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says

The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.

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Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

Apple CEO Tim Cook told CNBC that quarterly sales suffered from a difficult comparison to the year-earlier period.

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Don\'t rate Tesla Full Self Driving too highly, tech investor says: \'By no means autonomous driving\'

A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would make it an example of truly "self-driving" technology.

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Turkey\'s inflation accelerates to nearly 70% in April

Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.

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China\'s automakers must adapt quickly or lose out on the EV boom

Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.

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Japan\'s yen had a rollercoaster week amid suspected intervention. Here\'s what you need to know

The Japanese yen started the week at 34-year lows against the U.S. dollar but the currency is now staring at its best week in over a year on Friday.

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