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Samsung Sells Printing Unit to HP for $1.05 Billion

Samsung Electronics will sell its printer business to U.S. computer maker HP, the companies said Monday, as the South Korean giant accelerates restructuring efforts amid a generational power transfer in the founding Lee family. 

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Oil Market Tumbles Further

Oil prices dived again Monday on a pick-up in drilling and a strong dollar, as speculation swirled that the Federal Reserve could hike interest rates as soon as this month.

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OPEC Now Sees Non-Cartel Oil Output Rising in 2017

OPEC said Monday that oil production by countries outside the exporters' cartel was now expected to rise in 2017, revising its previous expectations of a drop.

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Creditors Resume Greek Audit as EU Presses for Progress

Greece's creditors on Monday resumed an audit of the stricken country's finances, a day after Prime Minister Alexis Tsipras said an EU-IMF rift was delaying progress.

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East-West Tensions Cramp Style of Russian Cross-Border Shoppers

Russian shopper Inna swipes her hand in a dismissive gesture as she waits in her car for a Polish border guard to check the visa stamped in her passport.

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Britain Faces Free Trade Headache after Brexit Vote

Britain's desire to become a free trade leader following its vote to leave the EU is seen as wishful thinking by experts, who say London's hands are tied until a formal exit from the bloc.

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France Ponders Ripping Up EU Budget Rules

Nobody yet knows the winner of France's presidential election next year, but the smart money is on one loser: The three-percent cap on government deficits enshrined in eurozone rules.

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Greece Says EU-IMF Rift Stalling Greek Debt Solution

A rift between the EU and the International Monetary Fund on the way to tackle the Greek debt crisis is delaying its solution, Greek Prime Minister Alexis Tsipras said on Sunday. 

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UK Business 'Fat and Lazy', Says Country's Trade Minister

The British minister charged with boosting international trade post-Brexit has slammed the country's businesses as being too "fat and lazy" to capitalise on the opportunity, the Times newspaper reported Saturday.

"This country is not the free-trading nation that it once was," Secretary of State for International Trade Liam Fox told a reception for Conservative activists in the House of Commons on Thursday. 

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Cuba Says U.S. Embargo has Cost it $4.7 bn since Thaw

Cuba said Friday the United States's 54-year-old trade embargo has cost the island $4.7 billion since April 2015 despite the former Cold War enemies' historic rapprochement.

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