Dubai construction giant Emaar Properties posted a sharp rise in third quarter profits Sunday as residential sales in the glitzy emirate gathered steam.
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The leaders of the U.S. and China laid out sharply divergent visions for the future of global trade on Friday, with Donald Trump doubling down on his "America First" rhetoric, leaving counterpart Xi Jinping to defend the "irreversible" tide of globalization.
Xi, who has emerged as the most powerful Chinese leader in decades, and Trump, whose woes include dismal approval ratings at home, spoke moments apart at the APEC summit in the Vietnamese city of Danang.
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Britain will provide state oil giant Saudi Aramco with a $2-billion loan guarantee to help it buy British exports, the UK government has said.
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China on Friday said it will further open the country's financial markets to foreign firms, a key demand from the United States and Europe which have long complained about the strict limits on access to the giant economy.
The announcement came after Donald Trump's state visit to Beijing during which the US leader called for a more level playing field for American companies and measures to reduce a massive trade imbalance.
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French President Emmanuel Macron on Thursday announced a one-billion euro joint investment platform with the United Arab Emirates whose funds are to be invested in France.
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The EU sharply raised its eurozone growth forecast for 2017 on Thursday, confident that the economic recovery was gathering pace despite the uncertainties of Brexit.
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President Donald Trump on Thursday criticized the "very one-sided and unfair" trade relationship between the U.S. and China, but stopped short of castigating Chinese President Xi Jinping by saying he doesn't blame the country for taking advantage of the U.S.
Speaking after the announcement of new business deals between U.S. and Chinese companies, Trump said the U.S. and China "must immediately address the unfair trade practices that drive" the trade deficit, along with barriers to market success, forced technology transfers and intellectual property theft.
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China and the United States announced more than $250 billion in business deals during US President Donald Trump's state visit to Beijing on Thursday.
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Saudi Arabia has sought to allay fears among investors after an anti-corruption purge that swept up a host of business and political titans, with concerns mounting that the arrests could trigger political instability.
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China's trade surplus with the United States eased slightly in October but still remains elevated, official data showed Wednesday, as President Donald Trump arrived in Beijing for what are expected to be thorny economic talks.
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