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BARACK Obama’s top Trans-Pacific Partnership negotiator has predicted the trade deal will be approved after next week’s presidential election.

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SONY has downgraded its profit outlook to 60 billion yen from 80 billion yen estimated in July, due to losses related to the sale of its battery business.

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DANA POINT, CA - OCTOBER 18: Grace Helbig speaks onstage at the Fortune Most Powerful Women Summit 2016 at Ritz-Carlton Laguna Niguel on October 18, 2016 in Dana Point, California. (Photo by Joe Scarnici/Getty Images for Fortune)

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PRODUCTION company Lionsgate has signed a deal with YouTube star Grace Helbig to develop films and TV series.

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SHENZHEN, CHINA - FEBRUARY 13: (CHINA OUT) Applicants queue for an interview outside the Foxconn Qinghu recruitment centreon February 13, 2012 in Shenzhen, China. The recruitment centre for the technology company held a job fair on Monday, attracting many job seekers. According to reports, audits are to be conducted at Foxconn's factories in China following a request by Apple in the wake of criticism of working conditions. (Photo by VCG/VCG via Getty Images)

10,000 people applied for this job

IT doesn’t have the most glamorous duties in the world, but nearly 10,000 people are vying for this receptionist job. Here’s why.

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TWITTER says it will slash nine per cent of its global workforce as it embarks on a restructure of the business.

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BOEING has reported third-quarter earnings of $2.97 billion, a 33.7 per cent rise, while Coca-Cola has reported third-quarter profit of $1.37 billion.

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View of Wellington from Mount Victoria Wellington, New Zealand Image supplied by Positively Wellington Tourism

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NEW Zealand has edged out Singapore as the easiest country for doing business in the World Bank’s latest rankings.

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Children From The Calais Jungle Arrive In The UK

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SYRIAN refugee children have been working in factories in Turkey making clothes for ASOS, an investigation has found.

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TWITTER, Paypal, Netflix and Spotify were brought down by a massive cyber-attack on Friday, US-based DNS provider Dyn says.

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People look towards an autonomous self-driving vehicle, as it is tested in a pedestrianised zone, during a media event in Milton Keynes, north of London, on October 11, 2016. Driverless vehicles carrying passengers took to Britain's streets for the first time on Tuesday in a landmark trial which could pave the way for their introduction across the country. The compact two-seater cars trundled along a pedestrianised zone in Milton Keynes, north of London, in a trial by Transport Systems Catapult (TSC) which plans to roll out 40 vehicles in the city. / AFP PHOTO / JUSTIN TALLIS

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CALIFORNIA regulators are mulling regulations that would allow self-driving cars that lack a steering wheel or pedals on public roads.

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(FILES) This file photo taken on May 18, 2015 shows James Packer, co-chairman of MELCO Crown speaking at a press conference during the opening of the Nobu hotel at the casino-resort

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AUSTRALIAN diplomats have visited two citizens detained in Shanghai as part of a Chinese police probe into Crown Resorts.

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A Pro-EU membership supporter walks with a EU flag outside the High Court, on the second day of the lawsuit of Gina Miller, a founder of investment management group SCM Private in London, Monday, Oct. 17, 2016. Rival protesters have gathered outside the High Court in London, where lawyers are battling over whether the government has the power to trigger Britain's exit from the European Union without approval from Parliament. (AP Photo/Frank Augstein)

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ONCE Britain triggers its formal divorce from the EU by invoking Article 50, there is no going back, the British government’s top lawyer says.

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Florida man Nathan Dornacher says a Note7 charging on the dashboard of his jeep exploded and set the vehicle ablaze. Source: Facebook

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THE South Korean government has started its own investigation to find the causes of the spontaneous combustions of the Samsung Galaxy Note 7.

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Pro-European Union (EU) supporter Phil Jones holds an EU flag outside the entrance to The Royal Courts of Justice, Britain's High Court, in London on October 13, 2016, during a protest against the UK's decision to leave the EU. The battle over Britain's exit from the European Union (Brexit) reached the High Court on Thursday in a legal challenge to Prime Minister Theresa May's right to start negotiations for Britain to leave the EU without a vote in parliament. The move could delay Brexit if successful and set up an unprecedented constitutional face-off between the courts and the government. / AFP PHOTO / ADRIAN DENNIS

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EUROPEAN Council President Donald Tusk has raised the prospect that Britain might ultimately not leave the European Union.

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AUCKLAND, NEW ZEALAND - NOVEMBER 10: Michael Jackson performs on stage during is

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MICHAEL Jackson has led an annual list of the top-earning dead celebrities for the fourth straight year, outstripping Prince and David Bowie.

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SAMSUNG’S decision to recall Note 7s not only raises fresh doubts about the firm’s quality control but could result in huge financial and reputational costs.

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(FILES) This file photo taken on October 04, 2016 shows a cashier displaying multiple denomination US dollar and British pound Sterling bank notes for a photograph inside a currency exchange store in central London on October 4, 2016. The pound suffered a

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GIVING the British parliament a vote to “second-guess” the Brexit “is not an acceptable way forward”, the prime minister’s office says.

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16/8/16 Victoria's vaping (e-cig) community comes together to protest the government's bill that would place e-cigarettes in the same category as normal cigarettes. Aaron Francis/The Australian

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BURNS surgeons are warning of the dangers of electronic cigarettes after treating a string of smokers injured by exploding devices.

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BRITAIN’S Treasury chief has warned of turbulence in coming years as the country negotiates its exit from the European Union.

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The residential luxury homes of Guangcai (top right) are seen in Beijing's Chaoyang district on September 29, 2016. China's richest man, real estate magnate Wang Jianlin, has warned the country's property market is the

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CHINESE cities have announced new restrictions on property purchases to try to cool soaring home prices stoked by property speculators.

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POLICE in northern Germany say that a Tesla driver is blaming the car’s Autopilot after crashing into the rear of a bus on a highway.

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Republican presidential candidate Donald Trump speaks at a rally, Wednesday, Sept. 28, 2016, in Council Bluffs, Iowa. (AP Photo/John Locher)

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DONALD Trump’s estimated net worth is $4.8 billion, $1 billion less than a year ago, largely due to New York’s softening real estate market.

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A GROUP of US senators have ordered Yahoo to explain why the hacking of half a billion accounts two years ago only came to light last week.

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British Formula 1 driver Jenson Button and V8 Supercar driver Craig Lowndes at Mount Panorama, Bathurst. Lowndes, left, alon...

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APPLE has approached British Formula One team owner McLaren Technology Group for a strategic investment or a potential buyout.

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NEW YORK, NY - SEPTEMBER 20: Founder and Chair, Soros Fund Management and the Open Society Foundations George Soros attends 2016 Concordia Summit - Day 2 at Grand Hyatt New York on September 20, 2016 in New York City. (Photo by Riccardo Savi/Getty Images for Concordia Summit)

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BILLIONAIRE investor George Soros says he will spend more than half a billion dollars to meet the needs of migrants and refugees.

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DONALD Trump could unleash a trade war and disrupt alliances with nations including “longtime ally Australia”, according to a US think tank.

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PUERTO Rico’s government says it plans to install 200 slot machines at the island’s main international airport to boost revenues.

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DONALD Trump says his plans to cut taxes, eliminate regulations and revamp US trade policy would create 25 million new jobs over a decade.

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THE beginning of the end for lawyers? A new start-up uses artificial intelligence to read documents and speed up the legal process.

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FILE - In this Monday, May 9, 2016, file photo, specialist Meric Greenbaum works on the floor of the New York Stock Exchange. The Dow index, a symbol of investor euphoria and despair for decades, climbed to a new high on Tuesday, July 12, 2016. Itâ€™s been a long time coming, and perhaps a cause for celebration. But the new record high will probably have zero impact on retirement or brokerage accounts. (AP Photo/Richard Drew, File)

US stocks hit new record high

IT’S BEEN a long time coming, and perhaps a cause for celebration. So what is the Dow — and why should you care about its new record?

Original URL: https://www.news.com.au/finance/markets/world-markets/page/38