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Global stocks sag as bond 'bloodbath' shows no sign of letting up

LONDON Stocks fell on Friday, curbed by the continued surge in global bond yields, while the dollar hit a three-month high against the yen as investors grew more confident that the Federal Reserve will raise U.S. interest rates by the end of the year.

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EU privacy watchdogs warn WhatsApp on privacy policy, Yahoo on breach

BRUSSELS European privacy watchdogs said on Friday they had sent letters to WhatsApp over its sharing of information with parent company Facebook and Yahoo over a 2014 data breach and its scanning of customer emails for U.S. intelligence purposes.

German economy minister faces battle in Beijing over takeover wave

BERLIN Germany's outspoken economy minister, Sigmar Gabriel, heads to China next week having ratcheted up tensions with Beijing by putting the brakes on the latest Chinese takeovers of German technology companies.

BOJ loses bark and bite under humbled Kuroda

TOKYO As his term winds down, Bank of Japan Governor Haruhiko Kuroda has retreated from both the radical policies and rhetoric of his early tenure, suggesting there will be no further monetary easing except in response to a big external shock.

4:19am EDT

UBS ups reserves for U.S. mortgage case, forecasts tough markets

ZURICH UBS increased reserves for penalties tied to mis-selling residential mortgage-backed securities (RMBS) by more than $400 million to $1.405 billion as it posted an 11 percent rise in third-quarter pre-tax profit.

4:26am EDT

Facebook executives feel the heat of content controversies

SAN FRANCISCO/WASHINGTON After Facebook's removal of an iconic Vietnam war photo stirred an international uproar last month, the social network's executives quickly backtracked and cleared its publication.

Tech, Facebook 1:05am EDT


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