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Qantas Shares Up On Emirates Alliance Report

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Shares in Australia's Qantas Airways jumped 6 percent on Thursday after a newspaper reported the national carrier was in talks with gulf airline Emirates on an alliance.

Qantas shares rose to AUD$1.05, having slumped to an all-time low of AUD$0.96 last month after warning of mounting losses from its international operations.

(Reuters)

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