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This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will.

Walmart on Thursday said it will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last month’s major corporate tax cut.

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But make no mistake: Any CEO who’s out there comforting himself with the thought that he’s already considered what.

China’s initial public offerings have rewarded investors for selling shares on the first trading day while penalising longer-term holders. more than those of publicly traded companies in the same industry.

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George Soros is a legendary hedge fund manager who managed client money in New York from 1969 to 2011. Soros remains an investing heavyweight through Soros Fund.

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Economy Minister Yosano warned the same day that a reliance on such sales could lead to a jump in borrowing costs. "If we continue relying on bond sales to make up for spending that exceeds revenue, we could see long-term interest rates.

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Intertwining couples and singles in Los Angeles break-up and make-up based on the pressures and expectations of Valentine’s Day.