Reuters

  • TLONDON   -   Oil prices slipped on Monday, with concerns of a sharp economic slowdown overshadowing support from tighter supply due to OPEC’s production cuts and U.S. sanctions on Iran and Venezuela. Brent crude oil futures were at $66.94 per barrel, down 9 cents or 0.13 ...

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  • TLONDON/TOKYO - Manufacturers in Europe, Japan and the United States suffered in March as surveys showed trade tensions had left their mark on factory output, a setback for hopes the global economy might be turning the corner on its slowdown. Factory activity in the 19-country euro zone contracted ...

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  • TMIAMI - Canadian teenage sensation Bianca Andreescu pulled off a Miami Open great escape by fighting back from a set and match point down to beat a dazed Irina-Camelia Begu 4-6 7-6(2) 6-2 in the first round. The 18-year-old who stunned the tennis world last week by winning her first career title at ...

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  • TDUBAI - Roger Federer took a step closer to his 100th ATP crown on Friday, easing past Borna Coric 6-2 6-2 in the semi-finals of the Dubai Duty Free Tennis Championships to set up a title clash with Greek youngster Stefanos Tsitsipas. Federer has been far from his ruthless best in the previous ...

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  • TLONDON - Iran’s exports of crude oil were higher than expected in January and are at least holding steady this month, according to tanker data and industry sources, as some customers have increased purchases due to waivers from U.S. sanctions. Shipments are averaging 1.25 million barrels per ...

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  • TTOKYO - Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced just over a month before the United Kingdom is due to leave the European Union. The automaker, which builds more than a tenth of the 1.5 million cars ...

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  • TTUNIS - A Tunisian court jailed seven people for life for their involvement in two deadly militant attacks in 2015, one on a museum in Tunis and the other on a hotel in a Mediterranean resort. Other defendants received jail sentences ranging from 16 years to six months, state news agency TAP quoted ...

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  • TEL CALLAO - Venezuela’s most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation’s southern reaches. With the country’s economy in meltdown, an estimated 300,000 fortune hunters have descended on ...

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  • TSAN FRANCISCO  When Tesla Inc announced last month a second round of job cuts to rein in costs, one crucial department was particularly badly hit. The automaker more than halved the division that delivers its electric vehicles to North American customers, two of the laid-off workers said. Some ...

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  • TPARIS - The City of Paris is suing Airbnb for publishing 1,000 illegal rentals adverts, which could cost the American rental website more than 12.5 million euros ($14 million), the mayor of Paris told a newspaper in an interview published on Sunday. Under French law, home owners in Paris can rent ...

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  • TCARACAS  Venezuela’s state-run oil company PDVSA is telling customers of its joint ventures to deposit oil sales proceeds in an account recently opened at Russia’s Gazprombank AO, according to sources and an internal document seen by Reuters on Saturday. PDVSA’s move comes ...

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  • TDUBAI - Saudi Arabia had “absolutely nothing to do” with the National Enquirer’s reporting on an extramarital relationship involving Amazon.com Inc Chief Executive Jeff Bezos, the kingdom’s minister of state for foreign affairs said. Bezos on Thursday accused American Media ...

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  • TLONDON - Employers who mismanage workers’ pension pots will face up to seven years in jail or unlimited fines, British pensions minister Amber Rudd said on Sunday, announcing a beefed-up response to a series of high profile corporate failures. Britain has been promising to introduce tougher ...

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  • TWashington  -   Technology shares pulled Wall Street lower on Friday, as skepticism over the United States and China reaching a trade deal before a looming deadline added to investor nerves over slowing global growth. Another round of talks is set for next week in Beijing, but ...

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  • T TORONTO : Production at General Motors’ Oshawa assembly plant in Canada has not yet been affected by a strike at nearby Lear Corp, which supplies it with seats, but that will change if the job action stretches on, the company said on Friday. Over 200 workers at the Lear feeder plant, which ...

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  • T WASHINGTON : A senior Trump administration official said on Friday that U.S. national security depends on affordable energy, and slammed cartels when asked if President Donald Trump would support a bill targeting the OPEC production group’s oil supply cuts. “The United States is ...

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  • T   London : Sprint Corp sued AT&T Inc late, saying it was misleading consumers into believing that they were using fifth generation or 5G wireless network, a technology that has not yet been widely deployed. AT&T customers were seeing “5G E” logo on their mobile devices ...

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  • TFRANKFURT  -   German banks are seeking to blunt any fresh U.S. sanctions against Russia so they can continue existing business with Russian clients, according to an internal briefing paper prepared by a financial industry lobby group. The risk of new restrictions on doing business ...

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  • TMOSCOW  -   Igor Sechin, head of Russian oil giant Rosneft and one of Vladimir Putin’s closest allies, has written to the Russian president saying Moscow’s deal with OPEC to cut oil output is a strategic threat and plays into the hands of the United States. The letter ...

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  • TWashington - Goldman Sachs Group Inc plans to chop its commodities business after a months-long review showed the business was using too much capital for too little profit, the Wall Street Journal reported on.wsj.com/2Dad9QQ on Tuesday, citing people familiar with the matter. Goldman is discussing ...

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  • TPARIS - General Electric is to pay 50 million euros ($57 million) for failing to meet a job creation target agreed when it took over French group Alstom’s energy business, the French Finance Ministry said on Tuesday. The U.S. conglomerate is to pay the money into a reindustrialisation fund ...

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  • TBERLIN - Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a marked shift in industrial strategy he said was needed to safeguard the country’s prosperity. German Economy Minister Peter Altmaier ...

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  • TNew York - The Renault-Nissan-Mitsubishi alliance will tie up with Alphabet Inc’s Google to develop autonomous taxis and other services using self-driving vehicles, the Nikkei reported on Tuesday. Google’s self-driving car company Waymo will work with the carmakers and announce a plan ...

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  • TNEW YORK - The Federal Reserve wants to raise interest rates one to two more times this year and will do so if inflation gathers steam, BlackRock Inc’s Rick Rieder told Reuters this week. Rieder, who is chief investment officer of global fixed income for the world’s largest fund ...

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  • TWashington - Wall Street rose on Tuesday boosted by consumer discretionary and technology companies amid peak earnings, which have largely been positive so far, while investors wait for President Donald Trump’s State of the Union address. The S&P 500 is eyeing its fifth straight session ...

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  • TDECATUR, Texas - Mickey McMaster is on his 12th pickup truck. The 61-year old farm equipment dealer in Decatur, Texas, two weeks ago treated himself to a 2019 GMC Denali for around $69,000 - a reward for long hours at work. “For me this is the Cadillac of trucks, it’s a real luxury ...

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  • TBEIJING - China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering continued support for the world’s second-largest economy as manufacturing cools. The Caixin/Markit services ...

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  • TSAO PAULO - General Motors Co said it is negotiating “feasibility conditions” to invest 10 billion reais ($2.73 billion) in Brazil from 2020 to 2024, after having warned last month that new investments would depend on returning to profit. The automaker also said it is completing an ...

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  • TPARIS/FRANKFURT - Mobile communications industry body GSMA has proposed its members discuss the possibility that Chinese network vendor Huawei is excluded from key markets, amid concerns such a development could set operators back by years. The European Commission is weighing a de facto ban on ...

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  • TLONDON - Carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain and will produce it solely in Japan, warning two months before Brexit that uncertainty over Britain’s departure was making it harder to plan for the future. Falling demand for diesel cars in Europe has forced ...

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