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VIDEO: Alibaba makes waves in California

Internet retailer Alibaba may have floated on the US stock market, but the China-based company is making waves in Silicon Valley as well as in Wall Street.

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Hand baggage: The best airlines

The best and worst airlines for hand baggage

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HSBC settles with US regulators

The British bank HSBC will pay $550m (£338m) to US regulators to settle claims that it mis-sold mortgage-related bonds ahead of the financial crisis.

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US strengthens sanctions on Russia

The US imposes new sanctions on major Russian banks, defence and energy firms, hours after a similar move by the European Union.

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Unlimited liquidity risks asset bubbles: Trichet

Supplying unlimited amounts of liquidity at interest rates close to zero has “unintended counterproductive consequences,” Jean-Claude Trichet warned.

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Plosser warns on risks of waiting to hike rates

Charles Plosser, loan dissenter at the Fed’s July policy meeting, continued his push for the U.S. central bank to change its language on interest rate policy to reflect an improving economy.

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West must arm Ukraine to fight ‘invasion’: McCain

U.S. Senator John McCain decried the “shameful” refusal of the West to provide Ukraine with intelligence and defensive weapons.

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Putin, Poroshenko agree truce holding, for now

Russian President and Ukraine’s President agreed in a telephone call that a ceasefire in eastern Ukraine was generally holding.

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Shimon Peres: Arab League must help isolate IS

Shimon Peres says the Arab League must act to help defeat IS and called on religious leaders to condemn the group’s misuse of religion and values.

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Apple courts fashionistas as smartwatch buzz grows

Apple has invited top fashion editors in unprecedented numbers to its Tuesday launch, evidence it is preparing to unveil a smartwatch.