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U.S. Hits China with Higher Tariffs, Raising Stakes in Trade Talks

The United States pulled the trigger Friday on a steep increase in tariffs on Chinese products and Beijing immediately vowed to hit back, turning up the heat before a second day of trade negotiations.

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Bahrain Gets First Instalment of $10 Billion Gulf Package

Bahrain said on Thursday it has received the first instalment of a $10-billion support package from key Gulf allies aimed at balancing its budget by 2022.

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Trump: Chinese Trade Officials Coming to U.S. 'to Make a Deal'

Chinese trade officials headed to Washington for talks this week intend to "make a deal," U.S. President Donald Trump said Wednesday, reviving hopes for success in negotiations that had appeared to hang by a thread.

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Turkey's Economic Rebound Will Be 'Gradual', Says EBRD

Turkey's troubled economy will contract one percent this year before a "gradual" rebound, the European Bank for Reconstruction and Development forecast Wednesday.

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SGBL Super Rewards Voted Product of the Year 2019

Societe Generale de Banque au Liban announced Tuesday that it has won the “Product of the Year 2019” award for its

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Australian Reserve Bank Holds Rates, Signals Future Cut

Australia central bank left interest rates on hold Thursday, brushing off calls for a cut to protect the country's 27-year recession-free run, with officials saying the economy was still in "reasonable" shape despite weak inflation and wage growth.

Keeping the cash rate at a record low 1.5 percent, the Reserve Bank of Australia signalled that it could cut at upcoming meetings if the labour market does not improve.

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France Telecom ex-Bosses Go on Trial over Suicide Wave

The former chief executive of France Telecom and other ex-bosses went on trial Monday facing unprecedented charges of moral harassment that allegedly prompted 35 employees to take their own lives a decade ago.

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Chinese Negotiators Still Eye U.S. Trip despite Trump Tariffs

China said Monday it still plans to send negotiators to the United States for trade talks even after President Donald Trump vowed to raise tariffs later this week, a threat that sent stock markets into a tailspin.

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Indonesia Misses Economic Growth Forecasts in Q1 as Exports Slip

Indonesia's economy grew slower than expected in the first quarter, official data showed Monday, as exports contracted for the first time since 2016 owing to softer demand for key commodities.

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Billionaire Warren Buffett Gives New Hint about His Successor

Billionaire Warren Buffett has given a clue on who might succeed him to run his Berkshire Hathaway empire, but did not completely reveal his hand.

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