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Stock Markets Slide, Oil Prices Surge

Stock markets slid Friday, having made strong gains earlier in the week, while oil prices surged on worries the Israel-Hamas conflict could impact supplies in the crude-rich Middle East.

Borrell Says Trust Between EU, China 'Eroded'

EU foreign policy chief Josep Borrell warned Friday that trust between the bloc and China had been eroded, blaming the trade imbalance between the two on "difficulties" faced by European companies in the world's second-largest economy.

Climate Change Is Improving French Wine -- For Now

What makes a good or bad year for wine? But the paper argues that because there is broad consensus about what makes good versus bad wine, the taste scores offer a reliable means to monitor how crops are changing over time -- and they attempted to statistically control for the effects of improving winemaking technology.

Microsoft Fights $29 Bn US Back Tax Claim

The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.

Talks To End Hollywood Actors' Strike Suspended

Talks between Hollywood actors and studios over an ongoing strike were suspended Wednesday, both parties said, in a blow to hopes for a swift end to a crisis that has crippled the entertainment industry.

Republicans Nominate Scalise For US House Speaker

Republicans nominated Steve Scalise as their candidate for speaker of the US House of Representatives Wednesday as they sought to heal bitter internal divisions paralyzing their domestic agenda and preventing action on the Israel crisis.

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