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Putin Says Russia to Work with Saudi Arabia to Stabilize Oil Market

Russia will work with Saudi Arabia against any "attempt to destabilize" the oil market, President Vladimir Putin said in an interview broadcast Sunday, on the eve of a visit to Riyadh.

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Boeing Splits CEO, Chairman Role amid MAX Crisis

Boeing unveiled a shift to its leadership structure on Friday as it manages the 737 MAX crisis, announcing that Dennis Muilenburg will remain chief executive but step down as chairman.

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BP Says Taking $2-3 Billion Hit on Asset Disposals

British energy major BP said Friday that it will take a charge of $2-3 billion (1.8-2.7 billion euros) on the back of major asset sales including its Alaska division.

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Renault Ousts CEO Bollore, Hoping to Close Out Ghosn Era

French automaker Renault sacked its chief executive Thierry Bollore on Friday, the latest turbulence to rock the company since the arrest of his previous boss Carlos Ghosn on financial misconduct charges just under a year ago.

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US Aviation Authority Blasted over of 737 MAX Redesign Approval

US aviation regulators were slammed Friday for allowing design changes to Boeing's 737 MAX aircraft that have been implicated in two crashes causing the deaths of more than 300 people.

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Oil Prices Spike after Iranian Tanker Blast

Oil prices surged more than two percent Friday after an Iranian tanker was hit by suspected missile strikes near Saudi Arabia, sparking fresh supply concerns with tensions already high after last month's attacks on two Saudi crude facilities.

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Trump to Meet China Envoy, Lifting Hopes for Trade Talks

U.S. President Donald Trump announced Thursday he will meet with China's top trade envoy as the two sides pursue fraught negotiations that this week appeared headed for a dead end.

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EU Removes Switzerland, UAE from Tax-Haven List

The EU removed Switzerland and the United Arab Emirates from its list of tax havens on Thursday, giving two global hubs for multinational tax schemes the all clear. 

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Asia Markets Mixed as Dealers Await Start of Key Trade Talks

Asian markets were mixed Thursday with investors moving cautiously as they sifted through conflicting reports about the outlook for upcoming China-US trade talks.

Global investors have been broadly upbeat in recent weeks that the meeting in Washington between top-level representatives would see at least some progress.

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Amid Acrimony and Low Expectations, US-China Trade Talks to Resume

As they prepared to return to the negotiating table on Thursday, top Chinese trade officials faced a blitz of aggressive US maneuvers, with expectations for a grand bargain between both sides approaching zero.

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