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Qatar Workers Face Old Problems despite Reform Promises

Just a 10-minute drive from the International Labor Organization's new office in the Qatari capital, Nabin explains how his employer has not paid his wages in two months.

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Emirates Airline Profit More than Doubles on Cargo Demand

Leading Middle East airline Emirates said on Wednesday its net profits had more than doubled last year, mainly on improved cargo business.

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Saudi Ready to Raise Oil Supply after US Pullout from Iran Deal

Saudi Arabia, the world's largest oil exporter, has said it will take all necessary measures to prevent supply shortages following the US withdrawal from the Iran nuclear deal.

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Crude Surges after Trump Tears Up Iran Deal, Equities Turn Lower

Oil prices surged more than two percent in Asia on Wednesday after Donald Trump pulled the United States out of the Iran nuclear deal, fuelling fresh geopolitical uncertainty.

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African Growth Picks Up but Debt a Concern, Says IMF

Growth across sub-Saharan African will rise to 3.4 percent this year from 2.8 percent in 2017, but in the continent's poorest countries, debt is a major burden, the IMF said on Tuesday.

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China's Trade Surplus with U.S. Grows

China's surplus with the United States widened in April, underlining an imbalance between the economic titans as they struggle to reach an agreement on averting a potentially damaging trade war.

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Britain's Johnson Condemns 'Crazy' Brexit Customs Plan

British Foreign Secretary Boris Johnson on Tuesday dismissed as "crazy" a government proposal for customs arrangements with the EU after Brexit, forcing cabinet divisions into the open once again.

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Audi Admits Emissions 'Irregularities', Halt A6/A7 Deliveries

German luxury carmaker Audi on Tuesday said it had detected "irregularities" in the emissions controls of recent A6/A7 models, prompting it to halt deliveries in the latest twist in the "dieselgate" scandal dogging parent company Volkswagen.

The admission came after Germany's transport ministry said it was investigating suspicions that the carmaker had installed a new "illegal defeat device" in some 60,000 A6/A7 models worldwide, around half of which are driving on German roads.

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Air France Shares Nosedive after CEO Bails

Air France shares went into a tailspin on the Paris stock exchange Monday after the strike-hit company's CEO resigned and the government seemed to worry about the carrier's very chances of survival.

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NY Auction Houses Get Set for an 'Extraordinary Season'

Six months after selling a Leonardo da Vinci for half a billion dollars, New York art auction season is back, gearing up to break new records with a magnificent Rockefeller collection and a Modigliani.

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