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Thursday , March 21 2019

Business

Dour games, joy for underdogs at violence-marred Euro 2016 – So-called heavyweights exit early

PARIS, July 12, (AP): The Portuguese party had just begun when a message briefly flickered on the Stade de France big screen: “Merci pour tout, …

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Kuwait stocks ‘stem’ 2-day fall; volume up – Ooredoo surges 40 fils; NBK slips 1.75 pct

KUWAIT CITY, July 12: Kuwait stocks nudged higher on Tuesday stemming a two-day fall following rebound in crude oil prices. The price index rose 12.28 …

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World oil demand growth to slow slightly in 2017: OPEC – Brexit to dampen global economic growth next year

LONDON, July 12, (RTRS): OPEC on Tuesday gave an upbeat outlook for the oil market in 2017, saying global demand for its crude would be …

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Inflation eases to 2.8 pct y/y in May; core rises to 3.0 pct

Inflation in consumer prices eased to 2.8% year-on-year (y/y) in May, mainly due to softer food inflation. Core inflation (which excludes food prices) came in …

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Airbus tops Boeing at Farnborough – F-35 roars across the skies in stunning display

FARNBOROUGH, United Kingdom, July 12, (AFP): European planemaker Airbus took top honours at the Farnborough Airshow on Tuesday, winning a vast $12.5-billion jets deal from …

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Beware of scary Brexit headlines pushing you to buy gold – experts – Precious metal hits $1,366/ounce, up 28% since start of year

NEW YORK, July 11, (AP): If you thought the Brexit vote was scary, check out the full page newspaper ad that recently appeared in The …

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Kuwait stocks drop as banks close mostly flat – Kuwait National Cinema Co sinks 100 fils; VIVA up 20 fils

KUWAIT CITY, July 11: Kuwait stocks dipped further on Monday as investor sentiment was roiled by pull-back in oil prices. The bourse sank 15.39 points …

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Prices hold $45-50 range despite Brexit

As June closed, oil prices posted their sixth consecutive monthly increase. As of June 30, ICE Brent, the international benchmark, was trading at slightly below …

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Planemakers shrug off global economy worries – Boeing, Airbus raise 20-year demand forecast

FARNBOROUGH, England, July 11, (RTRS): Airbus and Boeing raised their long-term forecasts for new aircraft demand on Monday, betting that rising wealth in Asia would …

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Shell and BP get lion’s ‘share’ in KOC oil fields development – Kuwait targets 4 mln bpd by 2020

Finally, the Kuwait Oil Company (KOC) has signed enhanced technical service agreements (ETSA) with two major international oil companies in private without any form of …

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