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The severe blaze gutted the 150 sq m building which is used to house a fleet of luxury cars.

Novartis AG agreed to buy the rights to an experimental drug from GlaxoSmithKline Plc for as much as $1 billion, bolstering the Swiss company’s lineup of treatments for multiple sclerosis. Novartis now will have the rights for any use of ofatumumab approved by regulators,...

On Wednesday, prosecutors revealed that Uber’s background checks had not flagged 25 drivers with criminal records across Los Angeles and San Francisco.

In July, the annual rate of inflation as measured by the Retail Price Index stood at 1.07 per cent, the National Statistics Office said today.

Both stories noted that index rose for the sixth straight month in July, inching up by 0.1 percent and 0.2 percent from the previous month and year respectively according to the Labor Department on Wednesday.

BRUTON SMITH, the executive chairman of Speedway Motorsports Inc., revealed that he was treated for non-Hodgkin’s lymphoma in June, and said he used this weekend’s races at Bristol Motor Speedway as motivation during his recovery.

Inflation has remained below the Fed’s 2 percent target for annual price increases for more than three years. The prospect of the Fed raising rates has boosted the dollar, further undercutting inflation through lower import prices. A line from the report stating:...

The number of rigs exploring for oil and natural gas in the U.S. increased this week by one to 885, although the Utah industry was unchanged. This marked a reversal in natural gas rig counts over the previous week while crude oil rig counts kept increasing.

That represents a drop of 23.3%, or £7.3bn, from the same period previous year .

The change would make it more hard to levy high tariffs on Chinese goods. And yesterday, JR’s subscribers saw another victor – to the tune of 116.6% in tracked gains – in Duke Energy (DUK).

Those rules are outlined in a document called the MOBA or Mobile Application Distribution Agreement, and according to Android Central, that agreement has seen the removal of some core apps from that pre-requisite.

Relatively few Chinese are invested in the stock market, and the vast majority of Chinese companies still have access to financing.

MSCI’s emerging markets index was at its weakest in four years, off 2.16%, while the firm’s all-country world stock index fell 2.7%.

US crude inventories continued to rise last week, as imports rose and shale production fell slower than expected, despite falling prices.

He served as the president of Nucor Corp.in Arkansas from 1991 to 1999 and CEO from 1996 to 1999.