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‘Gigantic’ creator layoffs show that MOBA games aren’t easy

With Blizzard, Riot and seemingly everyone else making a multiplayer online battle arena (MOBA) game, the field is getting pretty crowded… and unfortunately, it’s clear that some of those developers …

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‘Gigantic’ creator layoffs show that MOBA games aren’t easy

Greek parliament approves austere budget for 2016

By Karolina Tagaris ATHENS (Reuters) – The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the country's international lenders at a time of growing…

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Greek parliament approves austere budget for 2016

Qatar urges VW to reduce labor influence: Bild

Qatar, the third-largest shareholder in Volkswagen , is urging the German carmaker to reduce the influence of its powerful trade unions as it battles to overcome its emissions scandal, a German

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Qatar urges VW to reduce labor influence: Bild

Uneasy calm in markets about upcoming U.S. rate increase, BIS says

By Marc Jones LONDON (Reuters) – An “uneasy calm” prevails in financial markets about the first increase in U.S. interest rates in almost a decade, which is widely expected later this month, the Bank for International Settlements said in its latest report. The restrained reaction, especially from emerging markets, to the Federal…

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Uneasy calm in markets about upcoming U.S. rate increase, BIS says

U.S. car makers count among Pacific trade pact skeptics

U.S. auto makers are unlikely to win a much bigger share of the Japanese vehicle market despite a bid to break down trade barriers under a new Pacific trade pact, a key advisory committee found, highlighting the difficulties ahead in winning votes for the deal through Congress. Car makers joined

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U.S. car makers count among Pacific trade pact skeptics

First GM China-made import to U.S. to go on sale in mid-2016

By next summer, the Buick Envision small SUV will become the first General Motors Co model imported from China to be sold in the United States, the company said on Friday. Reuters reported in August that by 2017 most Buick's U.S. sales could be of models produced in either China or Europe. The Envision will give Buick three “crossover” vehicles in the U.S. market.

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First GM China-made import to U.S. to go on sale in mid-2016

Yahoo board in final talks on future of company

By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc's board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley's most prominent but troubled companies. One option on the table for the nine board members is whether to sell Yahoo's core business, which includes Mail, its sports sites, and advertising technology. The company is also in …

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Yahoo board in final talks on future of company

Fed’s Yellen faces battle in 2016 after getting all clear for December hike

WASHINGTON/PHILADELPHIA (Reuters) – Federal Reserve Chair Janet Yellen has the evidence of U.S. labor market health she wanted in order to raise benchmark interest rates for the first time in a decade this month, but she may have a tougher time selling further hikes. Federal funds futures contracts imply a 79-percent chance that the Fed will end seven years of near-zero interest rates at its December meeting and about even odds of a second rate rise by March. Interest rate futures …

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Fed’s Yellen faces battle in 2016 after getting all clear for December hike

U.S. employment report a green light for Fed interest rate rise

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased at a healthy pace in November, in another sign of the economy's resilience, and will most likely be followed by the first Federal Reserve interest rate rise in a decade later this month. Nonfarm payrolls rose

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U.S. employment report a green light for Fed interest rate rise

EU questions McDonald’s tax deals with Luxembourg

EU antitrust regulators will investigate McDonald's tax deals with Luxembourg which enabled the U.S. fastfood chain to escape paying taxes on European franchise royalties from 2009, in a move which could lead to hefty back taxes for the company. The action by the European Commission comes two months after it ordered Luxembourg to recover up to 30 million euros ($31.7 million) from Fiat Chrysler Automobiles and the Dutch to do the same for Starbucks because their tax deals…

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EU questions McDonald’s tax deals with Luxembourg

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