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U.S. Stocks Drop as Boeing Falls on Lower 737 Production

Wall Street stocks retreated early Monday, with Boeing especially weak at the start of a week that includes key Brexit negotiations and the start of earnings season.

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Saudi Minister Says Oil Market Headed for 'Balance'

Saudi Energy Minister Khalid al-Falih said on Monday the oil market was "moving towards balance", and that producers may not need to make additional output cuts.

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Asian Markets Mixed after Strong US Jobs Data, Eyes on Brexit

Asian markets were mixed Monday but investors remain broadly upbeat after a strong US jobs report that eased concerns about the world's top economy, while the pound edged up at the start of another crucial week in the Brexit saga.

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Nissan Shareholders Sack Ex-Chief Ghosn

Nissan shareholders voted Monday to eject Carlos Ghosn from the board, as the detained former chairman fights multiple financial misconduct charges that have landed him in custody.

The extraordinary shareholders' meeting at a Tokyo hotel was the first such gathering since the stunning arrest of the 65-year-old auto sector titan on November 19.

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Boom Risks Taking Swiss Real Estate Off-Piste

In a country that prides itself on economic stability, phrases like "too big too fail" can grab attention in Switzerland, especially when spoken by the head of the financial watchdog.

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Did India's Modi Fulfill His Economic Promises?

Indian Prime Minister Narendra Modi swept to power five years ago on a business-friendly manifesto that promised to shake up Asia's third-largest economy and boost employment.

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Cuba Newsprint Shortage Sounds Alarm for Economy

The newsprint shortages which forced Cuba's Communist daily to run a trimmed-down edition on Friday would pass off as a simple supply glitch in most other countries, but in Havana they carry chilling memories of the not-so-distant past.

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Ghosn to Reveal Who He Blames for Arrest in Japan

Former Nissan boss Carlos Ghosn has recorded a message in which he names the people he believes are to blame for his legal problems in Japan, his wife said in an interview on Sunday.

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Boeing Cutting Production Rate of Troubled 737 Max Jet

Boeing will cut production of its troubled 737 Max airliner this month, underscoring the growing financial risk it faces the longer that its best-selling plane remains grounded after two deadly crashes.

The company said Friday that starting in mid-April it will cut production of the plane to 42 from 52 planes per month so it can focus its attention on fixing the flight-control software that has been implicated in the crashes.

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U.S. Moves to Cut off Venezuela Oil, Cuba Trade

The United States on Friday announced sanctions on ships of Venezuela's state oil company and companies that link it to key ally Cuba, hoping to cut off vital lifelines for President Nicolas Maduro.

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