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| Trump seeks to slash corporate tax rate |
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Proposed overhaul would cut company rate from 35% to 20% and simplify code
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| US backs Boeing in fight with Canada’s Bombardier |
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Commerce department slaps preliminary tariffs of up to 219% on sales into US
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| UK disappointed with U.S. Bombardier ruling, says Boeing role unjustified |
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Britain said it was disappointed with a U.S. decision to slap preliminary anti-subsidy duties on Bombardier Inc’s (BBDb.TO) CSeries jets which has put around 4,200 jobs at risk in Northern Ireland where the wings are made.
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| Brent oil holds highest level since July 2015 |
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Threat to Kurdistan exports combined with strong Chinese buying inject momentum
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| Booming Russian Airlines Leave Kazakh Carrier Short of Jet Fuel |
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Air Astana JSC, Kazakhstan’s flagship carrier, said a scarcity of jet fuel is threatening its operations in the Central Asian nation as Russian rivals suck up supplies
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| Thirst for oil returns in wealthy nations |
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Crude crash reverses decade of oil conservation as consumers return to gas guzzlers
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| S&P downgrades China, says rising debt is stoking economic, financial risks |
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S&P Global Ratings downgraded China’s long-term sovereign credit rating on Thursday, less than a month ahead of one of the country’s most sensitive political gatherings, citing increasing risks from its rapid build-up of debt
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| S&P misses mark on rating, analysts say |
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Standard & Poor's Global Ratings downgraded China's long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing risks due to an accumulation of debt, but analysts said the company has failed to thoroughly understand China's situation and exaggerated the risks it faces
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| ECB begins discussions on tapering QE despite stronger euro |
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Draghi says currency appreciation adds uncertainty but expects QE decisions in October
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| Fischer resigns as Fed vice-chairman |
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Departure of monetary policy hawk adds to leadership turbulence at US central bank
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| Sovereign wealth funds |
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Norway’s wealth fund proposes big portfolio changes
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| China's Xi Sees Risks to Global Economy, Opposes Protectionism |
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Chinese President Xi Jinping said downward risks and uncertainties for the global economy are on the rise, and pledged to boost the power of emerging markets on the world stage
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| China's Xi Sees Risks to Global Economy, Opposes Protectionism |
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Chinese President Xi Jinping said downward risks and uncertainties for the global economy are on the rise, and pledged to boost the power of emerging markets on the world stage
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| China's Xi says BRICS must promote open world economy |
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The BRICS group of emerging economies must promote trade liberalization and an open world economy, Chinese President Xi Jinping said at a business meeting on Sunday at the start of a three-day summit being held in southeastern China
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| Rosneft seals first Asian refinery deal with Essar Oil purchase |
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Russian oil major Rosneft and partners closed their $12.9 billion purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users
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