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Emirati Companies Flock to Damascus Trade Fair

Companies from the United Arab Emirates are taking part in the Damascus International Trade Fair, state media has said, months after their embassy reopened in the Syrian capital.

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Airbus Says Air AsiaX Places $5 Billion Order

Malaysian airline AirAsia X has ordered 42 Airbus aircraft worth a total catalogue price of five billion dollars, Airbus said Friday.

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European Stock Markets Jump on China-U.S. Talk Hopes

Eurozone equity markets rebounded on Thursday, and London extended gains, on positivity surrounding U.S.-China trade talks, while the pound steadied after a Brexit-fuelld slump.

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U.S. GDP Grew 2% in Q2, Revised Down Slightly

The world's largest economy grew slightly more slowly in the second quarter than previously thought, the government reported Thursday, with new data showing weaker oil exports and local government spending.

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China Hints May not Retaliate for Latest US Tariff Hike

Beijing hinted Thursday it may break the cycle of retaliation in the trade war with the United States, as the punishing tariff battle threatens global economic growth.

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Asian Markets in Retreat on Trade Uncertainty

Asian markets sank again on Thursday as investors grow increasingly pessimistic about the outlook for China-US trade talks, while a closely watched recession indicator hit a level not seen since just before the financial crisis.

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Pound Dives on Increased No-Deal Brexit Prospect

The pound slumped more than one percent versus the dollar and euro Wednesday as Britain's government moved to extend the suspension of parliament, increasing the likelihood of a no-deal Brexit.

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Iceland Cuts Rates Again in Race to Beat Recession

Iceland's central bank on Wednesday lowered its key interest rate for the third time this year as it battles with recession after a decade of solid growth.

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Brussels Probes Google Job Search Tool

The European Commission said Wednesday it had begun a preliminary investigation into Google's job search tool on competition grounds, having identified a conflict of interest.

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Asian Investors Tread Uneasily as Trade Hopes Dim

Asian markets swung Wednesday, gripped by uncertainty over the China-US trade talks, with warnings that Donald Trump's unpredictability could be harming the chances of an eventual agreement.

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