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Asian Markets Retreat as Trade Deal Euphoria Fades

Asian markets fell Monday after Donald Trump's top economics adviser downplayed the chances of a quick deal to end the China-US trade war, taking the wind out of the sails of last week's rally.

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UAE Amps Up Oil and Gas Output as Iran Sanctions Hit

UAE oil company ADNOC has announced the discovery of new oil and gas resources, with an eye on full self-sufficiency as US sanctions on Iran go into effect.

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Saudi Readies to Boost Supplies over Iran Oil Sanctions

With Washington poised to curtail Iran's oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say.

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Trump, Xi Eye G20 Talks after 'Very Good' Phone Call

US President Donald Trump said Thursday he had "very good" talks with Chinese leader Xi Jinping on the trade conflict between the two economic giants, and meetings were being planned at the G20 summit at the end of this month.

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Sterling Jumps on Reported Financial Services Brexit Deal

The British pound rallied Thursday on reports of a post-Brexit financial services deal, while U.S. stocks continued to rally.

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UK Police Open Probe into Biggest Brexit Donor

British police on Thursday opened a criminal investigation into a top Brexit donor over his alleged use of offshore companies to finance the campaign to leave the European Union.

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Trump Reports 'Very Good' Phone Call on Trade with China's Xi

U.S. President Donald Trump on Thursday said he'd just had "very good" talks with his Chinese counterpart Xi Jinping on the growing trade conflict between the two economic giants.

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Spotify Earnings Hit Sour Note on Wall Street

Spotify shares took a hit Thursday after a disappointing growth outlook offset the first-ever quarterly profit posted by the streaming music sector leader.

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Wall Street Opens Higher for 2nd Day, Recouping Some October Losses

U.S. stocks rallied at the start of Wednesday's trading, extending Tuesday's gains as a painful October came to a close.

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Saudi Budget Deficit Shrinks as Revenues Surge

Saudi Arabia's budget deficit dropped sharply in the first nine months of 2018 on the back of a surge in oil and other revenues, the finance ministry said on Wednesday.

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