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Iran Inaugurates New Indian Ocean Port

Iran inaugurated a long-awaited new port at Chabahar in the southeast Sunday, which it is hoped will be a major new trade hub linking India and Africa with Central Asia.

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SGBL Group Expands Into Europe Via the Acquisition of Private Banks KBL Richelieu in France and KBL Monaco

SGBL announced the signature of an agreement with KBL European Private Bankers (KBL epb) concerning the acquisition by SGBL of KBL Richelieu bank in France and KBL bank Monaco, a press release said on Saturday.

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Asian Investors Tread Carefully with US Tax Reform in the Balance

Investors in Asia shifted nervously on Friday as Donald Trump's much-hyped tax-cut plans hung in the balance after a plan to push them through hit unexpected hurdles.

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Luciano Benetton to Return to Clothing Giant's Helm at 82

Luciano Benetton, one of the founders of the eponymous Italian clothing company, announced his return Thursday to the helm of the struggling company.

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Mexico Liberalizes Gasoline Prices

Mexico removed its last price controls on gasoline and diesel Thursday, the final step in a reform that triggered riots when it began in January.

The elimination of price controls in the south and center of the country was only supposed to take effect on December 30, but the national energy regulator said the reform was going so well in the north that it had decided to push forward the date.

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Venezuela Arrests Former Oil Bosses in Corruption Purge

Venezuela's military on Thursday arrested the country's former oil minister and the ex-chief of state oil company PDVSA after both men were sacked last week as part of an anti-corruption crackdown.

Attorney General Tarek William Saab told journalists that an operation by the Military Counterintelligence Unit "led to the arrests of Eulogio del Pino and Nelson Martinez."

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China Reluctant to Cut off Oil to North Korea

The United States has renewed pressure on China to stop crude oil shipments to North Korea to close a crucial economic lifeline to the regime following its latest missile threat.

US President Donald Trump personally appealed to Chinese leader Xi Jinping to turn off the oil tap during a phone call after nuclear-armed North Korea launched a new intercontinental ballistic missile.

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Britain 'Very Close' to Agreeing Brexit Bill

Britain is "very close" to agreeing the size of its Brexit bill, Ireland's EU commissioner said Wednesday, but reports that the divorce settlement could be up to 55 billion euros have angered both Brexiteers and europhiles.

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U.S. Stocks Mostly Up after Strong Q3 Growth

Wall Street stocks were mostly higher early Wednesday after government data showed the economy grew at its fastest pace in three years, but shares of high-flying technology companies retreated, hitting the Nasdaq.

The U.S. economy in the third-quarter expanded by 3.3 percent, three tenths faster than the initial estimate and the strongest performance since the third quarter of 2014.

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Greece Debuts e-Foreclosures as EU-IMF Auditors Return

Greece on Wednesday debuted electronic foreclosures to address a huge private debt pile burdening banks as its international creditors returned for a scheduled review of the country's economic performance.

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