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Mideast bourses start 2014 on a strong note

DUBAI: Dubai’s main stock index jumped 3 percent to its highest close since October 2008 as major Middle Eastern bourses started 2014 on a strong note, buoyed by expectations for solid economic growth this year.Flagship Dubai companies led their market up, with Emaar Properties surging 3.1 percent, lender Emirates NBD

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Thai Red Shirts ready to fight Bangkok shutdown

BANGKOK: Supporters of Thailand’s beleaguered government say they’re prepared to counter a threat by anti-government protesters to shut down Bangkok later this month.Leaders of the so-called Red Shirt movement stopped short Thursday of calling for their members to take to the capital’s streets to defend caretaker Prime Minister Yingluck Shinawatra’s

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Fiat shares surge on Chrysler merger

ROME: Shares in Italian car giant Fiat soared after it announced it would take full control of Chrysler in an historic $3.65-billion (2.66-billion-euro) deal.Fiat stock jumped 15.8 percent at the opening to 6.88 euros before slipping back slightly to 6.70 at around 0900 GMT.The complex deal announced by Fiat on

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