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UK inflation steady at 2.3% in March business live

The pound is currently up 0.25% at $1.2441, having been as high as $1.2445 and as low as $1.2404. FXTM research analyst Lukman Otunuga said: Sterling was volatile on Tuesday, with prices oscillating between losses and gains after markets digested the UK’s steady 2.3% inflation figure for March, which was the highest level since September 2013. The ongoing currency weakness created by Brexit, coupled with rising oil prices has elevated inflation above the Bank of England’s 2% target, with speculation mounting over CPI following its positive trajectory this quarter. Although…

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Apple Schedules March 21 Event; 4-Inch iPhone, New iPad Launch Expected

Apple, attempting to get back to the business of introducing new products as it fights with the Justice Department in court, announced a March 21 event where the company is expected to unveil a smaller-screen iPhone and an updated iPad. The long-expected unveiling will be held at Apple’s campus in Cupertino, California, the company said in the emailed invitation, without providing any other details. Apple will introduce an updated iPhone with a 4-inch screen, a person familiar with the details has said. The smaller handset will look similar to the…

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Oppo R9, R9 Plus Camera-Focused Smartphones Set to Launch on March 17

Oppo since last week has been teasing the Oppo R9 and the Oppo R9 Plus camera-focused smartphones in China. It has also been posting teasers on its Weibo account touting the handsets’ VOOC fast charging. However, it has finally posted an image confirming when it will be launching the duo. The Chinese tech firm, as expected before, will be launching its Oppo R9 and the Oppo R9 Plus on March 17 this year. The image, besides the date, mentions “2016 New Product Launch Event” along with a “9” numerical indicating…

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