US Federal Reserve refrains from interest rate rise

The Federal Reserve has decided to keep US interest rates unchanged after its latest meeting. The decision leaves short-term interest rates at record lows of 0% to 0.25%, the same level they

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Royal Dutch Shell pushed into loss by charges

Royal Dutch Shell has reported a loss for the third quarter of the year, after taking a big charge to reflect the cost of halting major projects. The oil company reported a

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China’s New Zealand farm-buying runs into opposition

Chinese conglomerate Shanghai Pengxin Group has been on a buying spree ever since it entered New Zealand in 2011. The food giant has bought 29 farms through local subsidiaries to become the

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