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Wanna be in my gang: Is EU membership worth it?

The EU has expanded rapidly over the past ten years, but not everyone’s convinced this is cause for celebration.

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Novo Nordisk cuts sales forecast

Danish insulin manufacturer has posted 15 percent growth in first-quarter operating profit but cut its sales outlook for 2014.

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Jamaica scraps bank withdrawal tax

The Jamaican government announces it is scrapping controversial plans for a tax on bank withdrawals, which had prompted widespread criticism because of its perceived unfairness.

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Would you buy a bond that outlives you?

Ultra-long-dated assets fell out of favor during the financial crisis, but now the “century bond” may be making a comeback.

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The pull of the townships

Why foreign traders flock to poor South African areas

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House price rises hit double digits

Annual house price growth in the UK has hit double digits for the first time in four years, according to the Nationwide Building Society.

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Sony predicts bigger full-year loss

Japanese consumer electronics giant Sony says its losses for the year to March will be bigger than expected due to higher restructuring costs.

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Clothing group FatFace seeks $743 mln London listing

British clothing chain FatFace is to list on the London Stock Exchange, it said on Thursday, targeting a market value of at least 440 million pounds ($743 million).

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Troubled Serco plans to raise £170m

Troubled outsourcing firm Serco announces plans to raise £170m through an issue of new shares and says its finance director is stepping down.

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Surging output boosts UK manufacturing in April

Surging output and an influx of orders helped British manufacturing activity grow last month at a much faster rate than expected, a survey showed on Thursday, boding well for Britain’s swift economic recovery.