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Rural firms ‘catching up on towns’

Faster broadband and improved transport could help productivity grow faster in the English countryside than towns, the environment secretary says.

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House prices ‘rose by 8.5%’ in 2014

UK house prices rose by an average of £16,000 – or 8.5% – in 2014, according to the mortgage lender Halifax.

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VIDEO: ‘Credit card users being misinformed’

A number of credit card companies are misinforming customers about their legal right to a refund on faulty or damaged goods, a survey by www.money.co.uk suggests.

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VW’s Audi to boost investments on models, plants

Audi plans to increase spending on new models and plants to around $29 billion through 2019, stepping up competitions with BMW.

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Record $36.5B flows into US-based funds: Lipper

Investors poured a record $36.5 billion into U.S.-based stock funds last week as U.S. stocks surged to records, Lipper data show.

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Prosecutors raid LG headquarters over washer row

Prosecutors raided LG Electronics’ headquarters amid a probe of whether LG damaged rival Samsung’s washing machines, LG said.

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Thailand’s economic growth view goes under the knife

Thailand’s central bank said the country’s economy will barely grow this year and cut 2015 forecasts, mainly on lackluster exports.

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Doubts deepen over Chinese-backed Nicaragua canal

Skepticism is growing over plans for a $50 billion canal across Nicaragua, a project spearheaded by a little-known Chinese businessman.

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Visa, MasterCard pull bank-card support in Crimea

Visa and MasterCard, the world’s largest credit card companies, ended their support of Crimean banks following U.S.-imposed sanctions.

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US city sues Petrobras for corruption

A US city government is suing the Brazilian state-run oil company Petrobras over investor losses due to a corruption scandal.