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(MENAFN - AFP) Towering above the Moselle valley in northeast France are two rusting testaments to the dashed hopes of Francois Hollande's presidency that loom large over the election of his successor next year.

Five years after steel giant ArcelorMittal snuffed out the last two blast furnaces in a crucible of France's heavy industry, the workers who fought to save their ...

 
(MENAFN - AFP) A fierce legal battle over the patent for a revolutionary gene-editing technique played out Tuesday in a US court, with billions of dollars at stake.

The tool called CRISPR-Cas9 -- hailed as faster, cheaper and more accurate than current gene-snipping methods -- holds fabulous promise for applications in medicine and agriculture.

It is to genetics what ...

 
(MENAFN - AFP) Most markets extended gains in Asia Wednesday after another record close on Wall Street but dealers were cautious after the recent Donald Trump-fuelled rally.

After the surge in recent weeks, trading floors have quietened leading up to the year-end as investors try to gauge what a Trump presidency will look like.

"Right about now investment committees ...

 
(MENAFN - AFP) Australia's economy contracted by 0.5 percent in the September quarter amid falling government spending and softer trade figures, slowing the annual rate of expansion to 1.8 percent, official data showed Wednesday.

The weaker-than-expected Australian Bureau of Statistics reading marked just the fourth quarter in 25 years that the economy had contracted, underlying ...

 
(MENAFN - AFP) Complaints over lack of access to medicine in Latin America were brought before the Inter-American Commission on Human Rights on Tuesday, with demands that big drug companies be punished for preventing the sale of generics.

Various regional groups highlighted the situation to the IACHR during a hearing held in Panama, saying that 21 percent of Latin America's ...

 
(MENAFN - AFP) President-elect Donald Trump said Tuesday Japan's SoftBank has agreed to invest $50 billion in business and job-creation in the United States.

Trump made the announcement on Twitter as he met with SoftBank CEO Masayoshi Son in New York, later striding into the lobby of Trump Tower to brief reporters in person.

"This is Masa of SoftBank from Japan and ...

 
(MENAFN - AFP) European markets rose Tuesday as Paris stocks reached the year's highest level and Italian banks surged, while US stocks finished at yet another record.

Markets have held their ground despite Italian Prime Minister Matteo Renzi's resignation following his defeat in Sunday's referendum, which came in the wake of recent shock votes in Britain and the United States.

The ...

 
(MENAFN - AFP) US antitrust regulators approved Alaska Airlines' $4 billion acquisition of Virgin America on Tuesday, but will require it to scale back a route-sharing alliance with American Airlines.

Under the codeshare agreement, Alaska currently markets American flights on over 250 routes, an arrangement in which the companies "often behave more like partners than competitors," ...

 
(MENAFN - AFP) Israel knew its arch-enemy Iran held a stake in ThyssenKrupp when it planned to purchase submarines from the German firm, Defence Minister Avigdor Lieberman said on Tuesday.

"We have known Iran was a shareholder in the German company since 2004," the minister said in comments broadcast by public television, referring to the year of a previous order.

Lieberman ...

 
(MENAFN - AFP) President-elect Donald Trump said Tuesday that Japan's SoftBank has agreed to invest $50 billion in businesses and job-creation in the United States.

Trump made the announcement on Twitter after meeting at Trump Tower with SoftBank CEO Masayoshi Son. Trump provided no details on the precise nature of the investments, or their timing.

"Masa (SoftBank) ...

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