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Spain vows to block BBVA's hostile bid for rival bank

Spain vows to block BBVA's hostile bid for rival bank

Spain's second-largest bank BBVA announced Thursday a hostile takeover bid for smaller rival Banco Sabadell but the government vowed to block the move, which would create a European giant in the sector.

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Olympic torch relay sets off in Marseille

Olympic torch relay sets off in Marseille

The Olympic torch relay began in Marseille on Thursday with football legend Basile Boli taking the flame in front of the iconic basilica of Notre-Dame de la Garde, a day after it made a spectacular entrance by sea.

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Blackstone wins bidding war for UK music rights firm

Blackstone wins bidding war for UK music rights firm

US private equity firm Blackstone emerged victorious Thursday in a takeover battle for struggling UK music rights owner Hipgnosis Songs Fund, after American group Concord refrained from improving its bid.

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Famed Thai holiday isles suffer water shortages after heatwave

Famed Thai holiday isles suffer water shortages after heatwave

The dazzling Thai holiday islands made famous by Hollywood film "The Beach" are facing a severe water shortage following a blistering heatwave across Asia, a tourism official and locals said Thursday.

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Nissan annual net profit nearly doubles on-year

Nissan annual net profit nearly doubles on-year

Nissan said Thursday it nearly doubled its full-year net profit in 2023-24 but forecast a dip of around 10 percent for the current financial year.

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Putin says nuclear forces 'always' on alert in Victory Day speech

Putin says nuclear forces 'always' on alert in Victory Day speech

President Vladimir Putin warned on Thursday that his nuclear forces were "always" on alert and that Russia would not tolerate any threats from the West.

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Chinese cities lift curbs on buying homes as property crisis bites

Chinese cities lift curbs on buying homes as property crisis bites

Two of China's wealthiest cities said Thursday they would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market.

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Malaysian team pulls out of season opener after footballer acid attack

Malaysian team pulls out of season opener after footballer acid attack

One of Malaysia's top football clubs has pulled out of Friday's season-opening Charity Shield after a spate of assaults, including an acid attack, on players in the country.

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Japan's Mount Fuji barrier delayed

Japan's Mount Fuji barrier delayed

Tourists have a few more days to snap Mount Fuji at a popular vantage point after Japanese authorities said Thursday that the construction of a barrier has been delayed.

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Markets' rally stutters as traders eye rate cut outlook

Markets' rally stutters as traders eye rate cut outlook

Equity traders struggled to get a recent rally back on course Thursday following a tepid lead from Wall Street, but record performance in Europe highlighted optimism that central banks were on course to cut interest rates.

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