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Enigma of MH370 will haunt aviation world

  This is one of the mysteries that has already put the ability of technology to test and will continue to frustrate the world in future. The search of missing Malaysian Airlines Flight MH370 has been abandoned after almost three years. The plane vanished during a flight from Kuala Lumpur to Beijing on March 8, 2014. Crews completed their deep-sea ...

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Morgan Stanley achieves 83 percent profit in Q4

  Bloomberg Morgan Stanley reported an 83 percent increase in fourth-quarter profit as fixed-income trading revenue more than doubled, surpassing analysts’ estimates. Net income climbed to $1.67 billion, or 81 cents a share, from $908 million, or 39 cents, a year earlier, the New York-based company said on Tuesday in a statement. The 2015 figure includes a 4-cent accounting charge ...

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Bank of America gains market share in Brazil

  Bloomberg Bank of America Corp. is emerging as a winner in the fight for corporate clients and investment-banking fees in Brazil as some of its competitors retreat. The US firm turned in its best showing ever last year in the South American nation, raking in more fees from merger-and-acquisition advising and debt and equity underwriting than any company except ...

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