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China's Former Trade Negotiator Questions Tariff Strategy

China's former top trade negotiator has questioned Beijing's strategy in the trade row with Washington, offering a rare window into a policy disagreement in the Communist-ruled country.

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Passive Investing Makes for End-of-Day Whirlwinds on Wall Street

The rise of passive investing on Wall Street has concentrated stock market action in the final moments of the trading day -- exacerbating steep, last-minute nosedives in stock values with increasing frequency.

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Romania Could Challenge Russian Grip on Europe's Energy

Romania, one of the EU's poorest members, could emerge as an unlikely challenger to Russia's iron grip on eastern Europe's energy supply thanks to vast oil and gas reserves waiting to be tapped, experts say.

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Undersea Gas Fires Egypt's Regional Energy Dreams

Egypt is looking to use its vast, newly tapped undersea gas reserves to establish itself as a key energy exporter and revive its flagging economy.

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At What Cost? Debate Swirls on 'Giveaways' after Amazon HQ Deal

As the winners of the biggest corporate prize in decades -- the new Amazon headquarters -- relished their victory, debate was still raging over the billions of dollars in incentives offered to attract the fast-growing U.S. technology colossus.

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U.S. Backs Cyprus Gas Exploration as ExxonMobil Starts Drilling

A senior U.S. diplomat on Friday backed gas exploration off Cyprus, as ExxonMobil and Qatar Petroleum started drilling despite opposition from Turkey.

Ankara has warned international firms against exploration in the disputed waters off the Mediterranean island, but Cyprus has pushed ahead with energy deals.

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'Cold War' in U.S.-Chinese Trade Risks Heating Up, Says France

French Economy Minister Bruno Le Maire on Friday urged an end to the "Cold War in trade" between the United States and China, warning the world was just a step away from a globally destructive, full-blown trade conflict.

"Today we are in a Cold War in trade between the United States and China which is dangerous for our economy, our growth and our jobs. We must get out of it," Le Maire told a conference in Paris on reforming the global trading system.

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Pound Rebounds after Brexit Upheaval Rout

The pound rebounded slightly Friday after Britain's currency was hammered by Brexit fears, while stock markets diverged and oil prices rallied once more.

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Diesel Driving Bans 'Self-Destructive', Says German Minister

Efforts by courts to impose diesel driving bans are "self-destructive" and put German prosperity at risk, the transport minister warned Friday, as tempers flared in the battle against urban air pollution.

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Iran Media: Gold Traders' Execution a 'Clear Message'

Iran's newspapers on Thursday said the execution of two financial traders was a "clear message" to others seeking to "disrupt" the country's economy.

Vahid Mazloomin, dubbed the "Sultan of Coins", and his accomplice Mohammad Esmail Ghasemi, were both executed less than a month after being convicted of "corruption on earth" -- one of Iran's most serious charges.

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