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As Russian food import ban bites, trucks lose, shipping wins
Team Niinivirta, a Finnish family-run transportation firm, turned 60 this year, but its third-generation managers now don't know if the business will see Christmas, because of Russia's new ban on European food imports.
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Germany's Merkel to visit Kiev on Saturday
Germany's Angela Merkel will hold talks in Ukraine on Saturday with national and local leaders aimed at boosting efforts to support the government in Kiev in its struggle against pro-Russian rebels, German and Ukrainian officials said on Tuesday.
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Russia may ban import of cars if West applies new sanctions: paper
Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars, among other things, if the United States and the European Union impose additional sanctions on Moscow, Vedomosti daily newspaper said on Monday.
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Russian oil giant seeks funds earmarked for pensions
Russia's Rosneft (ROSN.MM), which produces more oil than Iraq or Iran, is seeking a $42 billion loan from a fund earmarked for Russian pensions to help it weather Western sanctions imposed over Moscow's role in Ukraine.
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Taiwan, China to restart talks on goods free-trade agreement
Representatives from China and Taiwan have reached an agreement to restart formal negotiations on a free-trade pact that would eliminate tax on the vast majority of goods flowing between the two, Taiwan officials said Tuesday.
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Putin ally Timchenko says business will not turn on him over sanctions
An ally of Vladimir Putin said on Monday that Russia's business elite would not put pressure him to change tack on Ukraine due to Western sanctions which would only strengthen support for the president's policies.
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Germany says halts Rheinmetall defense deal with Russia
Germany's Economy Ministry has confirmed it has halted Rheinmetall's (RHMG.DE) export of combat simulation gear to Russia, going beyond recently imposed EU sanctions which block future defense contracts.Economy Minister Sigmar Gabriel, a Social Democrat (SPD), has blocked the deal which was approved by Germany's previous government, the ministry said.
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Euro zone sentiment improves, overcoming Ukraine crisis concern
Euro zone economic sentiment unexpectedly improved in July despite the deepening crisis between the West and Russia over Ukraine, data showed on Wednesday, and inflation expectations among consumers and companies edged up.
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