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Boeing Ousts Muilenburg Steps Down, Names David Calhoun as CEO

Boeing on Monday replaced its embattled chief executive, Dennis Muilenburg, saying a change was necessary as it attempts to restore its reputation amid the protracted 737 MAX crisis.

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China to Lower Import Tariffs from January

Beijing will lower import tariffs on more than 850 products including frozen pork from next month, the finance ministry said Monday, as authorities battle a severe shortage of the meat staple.

China's pig industry has been hammered by African swine fever, which has led to the culling of more than a million animals, according to official statistics, and caused the price of pork to double.

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Defective Soda Machine Killed Two McDonald's Workers in Peru

A defective soda vending machine was responsible for the deaths of two McDonald's cleaners in Peru, the general manager for the Lima franchise told a local news station on Saturday night.

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Massive Debt Wave Could Crash on Developing Countries, World Bank Warns

A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis, the World Bank warned Thursday.

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Report: Trump Called Boeing CEO ahead of MAX Shutdown

President Donald Trump phoned the head of Boeing ahead of the company's announcement Monday that it was halting production of the 737 MAX, a person familiar with the matter said Thursday.

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Wall Street Rises, Brushing Off Trump Impeachment

U.S. stocks drifted higher at the open on Thursday as investors mostly disregarded a House vote making US President Donald Trump the third American leader to face impeachment.

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China Exempts More U.S. Goods from Tariffs after Trade Deal

China announced Thursday a list of US chemicals that will be exempted from import tariffs, just under a week after Beijing and Washington agreed a trade agreement that a dialled down tensions between the two.

The world's biggest economies have exchanged blows for more than a year, on Friday announced a mini-agreement to reduce some levies in a bruising trade war that has dragged on global growth.

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PSA, Fiat Chrysler Agree on Terms of Mega-Merger

French carmaker PSA and U.S.-Italian rival Fiat Chrysler said Wednesday they had agreed on the terms of a merger to create the world's fourth largest automaker as the sector grapples with the difficult and costly transition to cleaner and more sustainable mobility. 

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Merkel Says 'No Pressure' from Beijing to Accept Huawei in 5G Rollout

Chancellor Angela Merkel on Wednesday said she was not aware of any pressure from Beijing to include Huawei in Germany's 5G rollout, amid concerns that the Chinese telecoms giant could be used for spying.

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Bakeries Bountiful in Birthplace of Sudan's Bread Uprising

A year since bread prices tripled overnight, sparking protests in the Sudanese town of Atbara, residents say bakeries are producing more loaves than the town can eat.

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