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Saudi Aramco Shares Soar Maximum 10% on Market Debut

Saudi Aramco shares soared 10 percent to the daily limit on their trading debut on the Saudi stock exchange Wednesday, boosting the energy giant's valuation to a massive $1.88 trillion.

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Asian Markets Struggle for Traction as Trade Concerns Fester

Asian markets mostly rose Wednesday but investors are growing nervous at the lack of news on China-US trade talks, with Washington yet to cancel tariffs on a swathe of Chinese goods planned for the weekend.

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French Watchdog Fines Morgan Stanley for Bond Price Manipulation

France's financial markets regulator said Tuesday it had fined US bank Morgan Stanley 20 million euros ($22 million) for market manipulation at the height of the Greek debt crisis.

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Strong U.S. Jobs Report Pushes Stocks Back to Record Turf

Wall Street stocks rose back into record territory early Friday following a blowout November jobs report that reassured on the U.S. economy.

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Canada Sheds 71,000 Jobs in November

Canada lost 71,000 jobs in November, pushing its unemployment rate up to 5.9 percent -- its highest level in more than a year, according to government data released Friday.

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OPEC and Partners Agree to 500,000 Barrel Per Day Production Cut

The OPEC group of oil producing countries and their allies -- including Russia -- agreed on Friday to a production cut of 500,000 barrels per day in addition to their current agreement.

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OPEC Seeks Crude Quota Compliance

OPEC countries were to meet again here Friday after they failed to agree on output cuts that could stem price pressure from abundant reserves and weak global economic growth.

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Austerity -- the Backdrop to Britain's 'Brexit Election'

As record numbers of Britons are forced to use food banks and homelessness soars, for many people rampant poverty, not Brexit, is the main issue in next week's general election.

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Report: U.S. Trade Deficit Falls in October to Lowest since May 2018

America's trade deficit in October unexpectedly fell to its lowest level in more than a year as Americans imported billions less in autos and consumer goods like toys and mobile phones, according to government data released Thursday.

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China Says in 'Close Communication' with US over Trade Deal

Beijing and Washington are "maintaining close communication" over a much-anticipated phase one trade deal, China's commerce ministry said Thursday, reiterating that tariffs must be reduced as part of any agreement.

Hopes had risen that the two sides were close to reaching a mini deal, but comments from President Trump and recent US legislation backing Hong Kong pro-democracy protests and China's Uighur minority had appeared to throw the talks off track. 

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