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Australia to Restrict Gas Exports as Energy Crisis Bites

Australia will enforce export restrictions on major gas producers, the prime minister said Thursday, to shore up domestic supply as a growing energy crisis sees power prices rise and blackouts more common.

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US, Mexico and Canada Agree to 'Swiftly' Renegotiate NAFTA

NAFTA partners Mexico, Canada and the United States plan to swiftly renegotiate their free trade deal, the White House announced Wednesday.

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Trump to Unveil Tax Reform, Cut Corporate Rate to 15%

The Trump administration is poised to unveil its long-awaited tax reform plan Wednesday that will slash corporate taxes to 15 percent, in the "biggest tax cut" in U.S. history.

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Ukraine PM Fumes after Raid on Largest Investment Bank

Ukraine's prime minister lashed out Wednesday at the security service for conducting a surprise search at the headquarters of the country's largest investment bank.

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Britain Could Lose 4,000 Deutsche Bank Jobs over Brexit

Deutsche Bank could move up to 4,000 jobs away from Britain, the group's compliance chief said Wednesday, as Germany's largest lender struggles to work out the consequences of Brexit.

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Germany Expects Quick Deal with Greece on Debt

Germany expects Greece's international creditors to agree soon to unlock billions of euros in crucial bailout loans, a senior finance ministry official said.

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Banks Lending More Freely again in Early 2017

European businesses and households enjoyed easier access to credit in the first quarter of 2017, the European Central Bank said Tuesday, reversing tighter lending conditions seen at the end of last year.

A loosening of the standards banks use to judge creditworthiness "continued across all loan categories" as banks compete for borrowers' business, the ECB said in a press release.

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Greek Creditors Return in Urgent Bid for Bailout Cash

Greece's creditors resume a long-delayed audit Tuesday in an urgent bid to unlock billions of euros in bailout loans needed for a looming July payment deadline.

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Alitalia Says Workers Reject Rescue Plan

Alitalia workers have rejected a restructuring deal from the company's management and unions to save the ailing carrier, the company said Tuesday.

Almost 90 percent of its 12,500 employees participated in a vote and more than half those taking part opposed the deal.

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LafargeHolcim CEO to Step Down over Syria Probe

French-Swiss cement maker LafargeHolcim said Monday its chief executive Eric Olsen is stepping down following an internal investigation into the company's activities in Syria. 

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