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Federal Reserve policymakers more confident about economy

Image copyright AFP/Getty Image caption Jerome Powell arrives to be sworn-in as the new Chairman of the Federal Reserve on February 5, 2018. The US Federal Reserve is preparing for stronger-than-expected economic growth this year, a view that boosts the case for higher interest rates. But some policymakers remain doubtful …

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Star Wars firm sued over ‘failed’ Darth Vader film

Image copyright Richard Gittens Image caption Marc Johns is claiming £1.35m in compensation from Lucasfilm after it pulled the plug on his plans for a Star Wars fan film A film-maker is suing Stars Wars producers Lucasfilm, saying it ruined his plans to make more than £1.35m from a film …

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Making cosmetics from Russian herbs

Founded in 2008, Natura Siberica is a Russian company that makes a wide range of cosmetics from Siberian herbs. With 4,000 employees across its three Russian factories, and one in Estonia, it now exports around the world, and enjoys annual sales of more than $300m (£214m). Video journalists: Tracey Hobbs …

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Disruption continues at KFC amid delivery problems

Image copyright Getty Images More KFC outlets have reopened amid disruption caused by delivery problems. At 13:15 on Wednesday 608 of the 900 stores were open, compared with 430 at 13:00 on Tuesday. However, some KFC outlets will remain closed for the rest of the week, while others will have …

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UK borrowing at lowest level since financial crisis

Image copyright Getty Images UK borrowing for the year to date is at its lowest level since the financial crisis, according to the Office for National Statistics (ONS). Public sector net borrowing, excluding state-owned banks, fell to £37.7bn between April and January, down £7.2bn on the comparable period. It is …

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UK unemployment rises for first time in two years

Image copyright Reuters UK unemployment has increased slightly for the first time in two years. The rate of unemployment rose from 4.3% to 4.4% for the three months to the end of December, the Office for National Statistics said. Despite the slight increase in the unemployment rate, the total number …

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BP says world’s oil consumption will peak in late 2030s

Image copyright AFP/Getty Images Global oil consumption is likely to peak in the late 2030s according to a forecast published by BP. The world currently consumes around 100 million barrels per day and BP estimates that number will go up by another 10% before levelling off. It expects renewable energy …

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AA share price plunges on profit warning

Image copyright PA AA shares have fallen by over a fifth after the firm warned that its full-year profit will fall short of analysts’ expectations. The roadside recovery and insurance group expects underlying income to reach between £335m and £345m for 2019. City analysts had forecast that profit would hit …

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