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The $28m diamond as big as a pound coin

A pink diamond the size of a pound coin is being put up for auction by Christie’s International and could sell for $28m (£18.3m).

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Starbucks to offer loans to staff for housing

Starbucks has launched a loan program to help its U.K. staff put down a deposit on a rental property.

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Activision launches a Call of Duty e-sports league

Videogames publisher Activision is creating a worldwide e-sports league for “Call of Duty,” the popular first-person shooter.

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Glencore shares hit fresh all-time low

Shares in mining and commodities trading giant Glencore touched a new bottom on Friday, hit by a torrid week of analyst downgrades and China fears.

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US Q2 GDP growth revised up on spending, building

The U.S. economy expanded more than estimated on stronger consumer spending and construction, the second upward revision in a row.

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Cash flows beat stocks for first time since 1990

Investors piled into cash over the last week, making the asset class more popular than bond and equity funds for the first time in 25 years.

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Meet the $999 phone that lets you transfer files in 5G

We’ve just about got 4G internet, but one company has made a cover for your smartphone that will allow you to transfer at 5G speeds.

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Deadly stampede at Mecca highlights dangers of hajj

At least 717 pilgrims have died and 805 been injured in the stampede in Mina on the outskirts of Mecca, marking the worst Hajj disaster in 25 years.

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VIDEO: South Africa’s economic scrum

Comedian Colm O’Regan asks if there can be any lessons learnt from rugby on how to fix the nation’s economic situation.

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Bank concerns over buy-to-let boom

The growing buy-to-let property market in the UK could post a threat to wider financial stability, a Bank of England committee has said.