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Asian Markets Edge Up as Investor Sentiment Calms

Asian stock markets mostly edged up in thin holiday trade on Monday, with Tokyo's benchmark index surging nearly two percent as investors regained some confidence.

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Brexit's Far-Reaching Impact on Ordinary Lives

A sheep farmer, a stockbroker, a radio presenter: AFP spoke to 15 people across Europe whose careers are already impacted by Brexit more than a year before Britain's departure date.

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Latvian Central Bank Governor Detained

Anti-corruption authorities in Latvia have detained the governor of the country's central bank, Ilmars Rimsevices, the Baltic news agency BNS reported.

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Abu Dhabi Awards Spanish Firm Stake in Offshore Oil Concession

Abu Dhabi National Oil Co. (ADNOC) said Sunday it has awarded Spanish Cepsa firm a 20 percent share in a concession of two offshore oil fields in a deal worth $1.5 billion.

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Israel Advances Bill Cutting Palestinian Funding over Militant Attacks

Ministers Sunday greenlighted a bill allowing Israel to withhold tax monies it collects for the Palestinian Authority by the same amount as stipends that the PA pays to jailed militants.

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China Vows to Protect Interests as US Eyes Trade Sanctions

China on Saturday warned it would take necessary measures to protect its interests if the US imposes tough trade sanctions against its steel and aluminium exports.

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IMF's Lagarde Warns on Rate Risk from US Tax Reform

IMF chief Christine Lagarde warned Saturday that economic stimulus from US tax cuts may lead to a rapid rise in interest rates which would weigh on countries with high debt levels.

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SGBL Partners with Backbase to Transform Mideast Banking Experience

Société Générale de Banque au Liban (SGBL), one of the leading banks in Lebanon and the Levant, has partnered with Backbase to deliver “an entirely new experience to its customers,” SGBL said on Friday.

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Renault Races to Record Profits and Sales

French auto giant Renault said Friday that it enjoyed a record year in 2017, with sales and net profit rising to new heights.

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Eni Back in the Black with Rise in Oil Prices

Italian oil and gas company Eni said Friday the recovery in global crude prices along with record production helped it swing back into profit in 2017.

The company turned a loss of 1.46 billion euros in 2016 into a net profit of 3.4 billion euros ($4.3 billion) in 2017, much higher than the average of just under 2.0 billion expected by analysts surveyed by Factset Estimates.

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