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ALDI has overtaken the Co-operative to become Britain’s fifth largest grocer with market share of 6.2 per cent, new data shows.

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Combined speed and red light running camera designed by Redflex Trafic Systems. control /Traffic/control

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AUSTRALIAN red light camera company Redflex has agreed to pay $26 million to the City of Chicago to settle a bribery scandal.

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Dubai, United Arab Emirates - March 31, 2015: Emirates Airbus A380 first class private suite interior. Emirates is one of two flag carriers of the United Arab Emirates along with Etihad Airways and is based in Dubai.

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GULF-STATE subsidies are allowing Emirates, Etihad and Qatar Airways to drive down prices and crowd out competition, US airlines claim.

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Bangalore expat resident on uses for the old 500 rupee note. Photo by: Bryan Kidd

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INDIA has unveiled a budget to help the poor with hikes in spending and tax cuts as the PM seeks to win back voters hit hard by the cash crackdown.

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LONDON, ENGLAND - JANUARY 24: A traditional dragon statue marks the boundary of the City of London, in the financial district, also known as the Square Mile, on January 24, 2017 in London, England. Following the announcement by Britain's Prime Minister Theresa May that Britain will leave the single market, financial organisations such as UBS and Goldman Sachs have reported that they are seriously considering either cutting staff or moving them from London. (Photo by Leon Neal/Getty Images)

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BRITISH lawmakers say they will vote to authorise Brexit, signalling likely victory for the government on the vote it had fought in court to avoid.

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Property owned by Jamie McIntyre and rented out over AirBnB - 25B Baileys Road Tallai, QLD, 4213

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AIRBNB is offering free accommodation to refugees and others barred from entering the US due to Donald Trump’s immigration curbs.

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THE US technology industry, a major employer of foreign workers, has hit back at President Donald Trump’s sudden executive order on immigration.

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Donald Trump’s triumphant graph

IT TURNS out the experts were wrong, once again. Donald Trump has defied his critics, and this graph proves it.

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In a still image taken from video footage broadcast by the UK Parliamentary Recording Unit on January 25, 2017 British Prime Minister Theresa May (C) smiles during an exchange during the weekly Prime Minister's Questions session in the House of Commons in central London on January 25, 2017. / AFP PHOTO / PRU / - / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT

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SAYING “opposites attract,” Theresa May is calling on Donald Trump to build a stronger “special relationship” between Britain and the US.

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A television screen on the floor of the New York Stock Exchange headlines the Dow Jones industrial average, Wednesday, Jan. 25, 2017. The DJIA is trading over 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market. The market has been marching steadily higher since bottoming out in March 2009 in the aftermath of the financial crisis. (AP Photo/Richard Drew)

US stocks hit new record highs

THE stock market rally sparked by Donald Trump’s election victory has resumed, with the Dow Jones closing above 20,000 for the first time.

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Specialist Mario Picone adjusts his Dow 20,000 cap as he works on the floor of the New York Stock Exchange, Wednesday, Jan. 25, 2017. The Dow Jones industrial average is trading over 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market. The market has been marching steadily higher since bottoming out in March 2009 in the aftermath of the financial crisis. (AP Photo/Richard Drew)

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THE Dow Jones is trading above 20,000 for the first time, as Wall Street resumes a rally that began in the wake of Donald Trump’s election victory.

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LONDON, ENGLAND - JANUARY 24: Lead claimant Gina Miller speaks outside the Supreme Court in Parliament Square following a majority ruling against the government, on January 24, 2017 in London, England. Judges ruled by a majority of 8 to 3 that the government cannot trigger Article 50 without an act of Parliament. (Photo by Jonathan Brady - WPA Pool /Getty Images)

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THE British government will introduce legislation within days seeking parliament’s approval to trigger Britain’s divorce with the European Union.

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US President Donald Trump speaks at CIA Headquarters in Langley, Virginia, on January 21, 2017.

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WITH the inauguration of Donald Trump as US president, the “old world of the 20th century is over for good,” Germany’s foreign minister says.

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Energy Secretary-designate, former Texas Gov. Rick Perry, pauses while testifying on Capitol Hill in Washington, Thursday, Jan. 19, 2017, at his confirmation hearing before the Senate Energy and Natural Resources Committee. (AP Photo/Carolyn Kaster)

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DONALD Trump’s pick to run the US Energy Department says efforts to combat global warming should not cost American jobs.

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WASHINGTON, DC - JANUARY 12: Federal Reserve Chairwoman Janet Yellen greets educators at the Federal Reserve Board Building January 12, 2017 in Washington, DC. Yellen spoke about ways educators can teach about the role of the Federal Reserve. Aaron P. Bernstein/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

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US FEDERAL Reserve Chair Janet Yellen says the economy has come a long way in recovering from the 2008 financial crisis.

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(FILES) This file photo taken on October 11, 2011 shows assembly line workers assemble Chevy Volt electric vehicles and Opel Amperas at the General Motors Detroit Hamtramck Assembly Plant in Hamtramck, Michigan. General Motors announced January 17, 2017 plans to invest about $1 billion in its US factories, following recent criticism of the company by President-elect Donald Trump. / AFP PHOTO / GETTY IMAGES NORTH AMERICA / BILL PUGLIANO

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GENERAL Motors will invest an additional $1 billion in its US factories and will move some production from Mexico to the US.

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(FILES) This file photo taken on April 15, 2016 shows the LEAP-1A engine, developed by CFM, a joint venture between France's Safran and General Electric, is pictured during its handover ceremony in Colomiers, outside Toulouse. The LEAP-1A is to be used in the Airbus A320neo jetliner, and Safran engines chief Olivier Andries said output was on target and that CFM would produce 100 LEAP engines this year and 500 next year. The engine would be introduced with six airlines this year. / AFP PHOTO / REMY GABALDA

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AEROSPACE giant Airbus plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year.

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(FILES) This file photo taken on March 13, 2014 shows Martin Winterkorn, then CEO of German carmaker Volkswagen (VW), attending the company's annual press conference in Berlin. Volkswagen's former boss Martin Winterkorn is under investigation for having allegedly manipulated the market by holding back information about emissions cheating at the automobile giant, German prosecutors said June 20, 2016. / AFP PHOTO / JOHANNES EISELE

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FORMER Volkswagen CEO Martin Winterkorn knew about the company’s emissions scandal two months earlier than previously stated.

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THE US has accused Fiat Chrysler of failing to disclose software in some of its diesel cars that allows them to emit more pollution than allowed.

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(FILES) This file photo taken on January 9, 2017 shows the new Volkswagen Atlas SUV displayed during the 2017 North American International Auto Show in Detroit, Michigan. Volkswagen AG will plead guilty to three criminal charges and pay a total $4.3 billion in fines to settle the emissions cheating scandal known as

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VOLKSWAGEN has agreed to a $5.8 billion settlement to resolve the US government’s investigations into emissions cheating.

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Bjorn Bergmann Sigurdarson (R) of Iceland fights for the ball with Fan Xiaodong and Yang Shanping (L) of China during 2017 Gree China Cup International Football Championship group match at Guangxi Sports Center Stadium in Nanning, south China's Guangxi province on January 10, 2017. / AFP PHOTO / STR / CHINA OUT

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ICELAND’S citizens could soon go the opposite way of the UK, with the country mulling a referendum on joining the European Union.

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Handout picture released by the Venezuelan presidency showing Venezuelan President Nicolas Maduro during a television programme in Caracas on January 8, 2017. / AFP PHOTO / Presidencia de Venezuela / HO / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT AFP PHOTO / PRESIDENCIA VENEZUELA - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

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RECESSION-HIT Venezuela’s imports plunged by more than half in 2016 as the nation prioritised debt payments despite chronic product shortages.

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Wall Street celebrates end to wild year

AMERICA’S stockmarket has closed its most dramatic year since the financial crisis, rocked by seismic shifts in global politics.

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(FILES) This file photo taken on November 3, 2015 shows Chairman of Icahn Enterprises Carl Icahn participating in a panel discussion at the New York Times 2015 DealBook Conference at the Whitney Museum of American Art in New York City. President-elect Donald Trump said December 21, 2016 he is naming billionaire Carl Icahn, a vocal critic of government overregulation, to serve as a special advisor to overhaul

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BILLIONAIRE investor and Trump adviser Carl Icahn has targeted environmental and banking regulations as big drags on investment.

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(FILES) This file photo taken on November 15, 2009 shows a plaque for investment banking giant Goldman Sachs in Hong Kong. US regulators fined Goldman Sachs $120 million December 21, 2016 for attempting to manipulate a widely-used global interest rate benchmark to benefit its trading positions. Goldman Sachs traders between 2007 and 2012 deliberately timed and priced trades to influence the published price of the benchmark interest rate, the US Commodities Futures Trading Commission said in a statement. / AFP PHOTO / RICHARD A. BROOKS

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GOLDMAN Sachs has been ordered to pay $120 million to settle charges that it manipulated a global benchmark for interest-rate swaps.

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VOLKSWAGEN has reached a deal for owners of the remaining 80,000 diesel vehicles caught in the company’s emissions cheating scandal.

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(FILES) This file photo taken on December 12, 2016 in the courtroom at the Paris courthouse shows IMF chief Christine Lagarde prior to the start of her trial before the Court of Justice of the Republic, a special tribunal used to try ministers. IMF chief Christine Lagarde goes on trial in France since December 12 over a massive state payout to a flamboyant tycoon when she was finance minister in a case that risks tarnishing her stellar career. / AFP PHOTO / Martin BUREAU

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FRENCH judges convicted IMF chief Christine Lagarde of negligence for a state payout made while she served as France’s finance minister in 2008.

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Nicole Kidman stars in a five-minute virtual reality film in which she takes the viewer into the luxurious world of Etihad Airways' the Residence, on its A380 aircraft.

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ABU Dhabi’s Etihad Airways, citing “an increasingly competitive landscape,” says it is making an unspecified number of lay-offs.

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FILE - This Monday, July 25, 2016, file photo shows the Yahoo and Verizon logos on a laptop, in North Andover, Mass. Yahoo shares are sliding on worries that Verizon will walk away or cut the price on its $4.8 billion deal for the internet companyâ€™s digital operations. On Wednesday, Dec. 14, 2016, Yahoo revealed a massive hack of more than 1 billion user accounts after announcing a separate breach of 500 million accounts in September. (AP Photo/Elise Amendola, File)

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YAHOO shares fell more than five per cent on Thursday after the technology company disclosed a second massive data breach.

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Federal Reserve Chair Janet Yellen speaks during a press conference following the announcement that the Fed will raise interest rates, in Washington, DC, December 14, 2016. The US Federal Reserve on Wednesday raised the benchmark interest rate by a quarter percentage point as expected, citing an improving economy, after its first policy meeting since President-elect Donald Trump's election victory. / AFP PHOTO / SAUL LOEB

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THE Federal Reserve is raising a key interest rate for the first time in a year, reflecting a resilient US economy and expectations of higher inflation.

Original URL: https://www.news.com.au/finance/markets/world-markets/page/36