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Can Turkey Crawl Back from the Economic Brink?

Hizir Albayrak began work in a tiny children's store in the Istanbul bazaar 25 years ago, in the same year that future president Recep Tayyip Erdogan took over as mayor of the city.

Today, Hizir oversees a seven-floor shopping mall in the busy Eminonu area, weaving energetically among the latest prams, toys and babywear -- one of many success stories from Turkey's astonishing economic transformation in the past quarter-century.

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UK Shares List in China in First for Foreign Firms

Britain and China began selling shares in each others' companies Monday under a landmark deal, Britain's Treasury announced, as London looks to remain a leading financial centre post-Brexit.

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Safety and Pollution Top of the Agenda as Paris Air Show Opens

Aviation executives descended on the Paris Air Show on Monday with pledges to improve transparency over plane safety in the wake of the Boeing 737 MAX crisis and to reduce emissions.

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Wife of Ex-Nissan Boss Ghosn Seeks Trump Help

The wife of ex-Nissan chief Carlos Ghosn on Monday reached out to US President Donald Trump, asking him to press Japan at upcoming talks about "fair trial conditions".

Carlos Ghosn is awaiting trial in Japan over charges of under-reporting his salary for years while at Nissan and using company funds for personal expenses. The 65-year-old denies the accusations.

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Boeing's Embattled Chief Faces Tough Crowd at Paris Air Show

Boeing CEO Dennis Muilenburg will have his work cut out for him at the Paris Air Show this week as he tries to reassure airlines and industry partners over the fate of its flagship 737 MAX plane, indefinitely grounded after two fatal crashes.

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The 'Richest Black Nation': Papua New Guinea Sets Audacious Goal

Papua New Guinea's new prime minister has an ambitious -- cynics would say far-fetched -- objective of turning one of the world's poorest countries into the "richest black nation" on earth in just a decade.

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From Apples to Almonds, India Hikes Tariffs on U.S. Goods

India on Sunday imposed higher tariffs on 28 items imported from the US, in retaliation to Washington's recent withdrawal of trade privileges for New Delhi.

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Heavy Toll for French Farms and Vineyards after Brutal Hailstorm

Farmers in southeast France counted the costs from lost harvests on Sunday after a fierce storm battered the region with hail the size of ping-pong balls, decimating orchards and vineyards just as the summer season was kicking into high gear.

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MBS Says Saudi Arabia Committed to Aramco IPO

Saudi Arabia remains committed to selling shares in national oil conglomerate Aramco through an initial public offering but only at the right time, Crown Prince Mohammed bin Salman has said.

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Turkey Hits Out at Moody's after Credit Rating Cut

Turkey on Saturday lambasted Moody's ratings agency after it cut Ankara's credit rating further into junk territory, saying the downgrade raised concerns over the institution's "objectivity and impartiality".

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