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Qatar Awards Giant Gas Field Contract to Japan's Chiyoda

Qatar Petroleum aims to boost Doha's gas production by more than 20 percent with a contract awarded to Japanese Chiyoda, the state-owned energy giant has said.

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Report: Aramco Eyes Local IPO, May Spike Overseas Listing

Saudi Arabia plans to sell shares of Saudi Aramco on a local exchange and may scuttle entirely an earlier plan for an overseas listing, The Wall Street Journal reported Monday.

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Asian Markets Recover from Early Plunge, Eyes on Fed

The sharp morning sell-off in Asian markets Tuesday eased later in the day but investors remain on edge ahead of a key Federal Reserve policy meeting.

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China Urges US to Not Act 'Emotionally' on Trade

Chinese Premier Li Keqiang called on the United States Tuesday to not act "emotionally" and to avoid a trade war, as President Donald Trump considers new punitive measures against Beijing.

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UK Gambling Watchdog Proposes Cutting Bets on Machines

Britain should go further on tightening gambling laws to protect the most vulnerable by slashing the maximum stakes on popular betting machines by more than two thirds, regulators said Monday.

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Facebook Slumps 5.0% as U.S. Stocks Open Lower

Facebook shares tumbled 5.0 percent in opening trading Monday following reports of a large data breach as US stocks fell ahead of a Federal Reserve policy decision later this week.

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France's Total to Seek Waiver if US Revives Iran Sanctions, CEO Says

French energy giant Total will push ahead with a $4.8 billion deal to develop an Iranian gas field and will seek a waiver if Washington re-imposes sanctions, the firm's CEO has said.

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Five Economic Challenges Facing Putin

As he prepares for his fourth term, President Vladimir Putin is expected to finally make good on his repeated pledges to revive Russia's creaking economy.

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Indian Airports Stretched as Passengers Reach New Heights

India's airports are struggling to cope with a massive surge in passenger numbers and billions of dollars must be spent to boost their capacity, analysts have warned.

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Zara and H&M Shore Up Defenses as Internet Threatens

Logistics investments, new technology... Faced with fierce online competition from the likes of Amazon, affordable fashion giants Zara and H&M are shoring up their defenses, trying to use their stores to boost internet sales.

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