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Exclusive: Russia's Lukoil considers selling Swiss trader Litasco
LONDON/MOSCOW (Reuters) - Russian oil major Lukoil is considering selling its Swiss unit Litasco because new U.S. sanctions on Russia will make it harder for the Geneva-based energy trader to raise new funds, industry sources said.
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Exclusive: Russia's Lukoil considers selling Swiss trader Litasco
Russian oil major Lukoil is considering selling its Swiss unit Litasco because new U.S. sanctions on Russia will make it harder for the Geneva-based energy trader to raise new funds, industry sources said.
News
Slow divorce risks leaving future Britain-EU ties in limbo
Divisions between Britain and the EU over mapping out their divorce will be laid bare in Brussels next week when the two sides meet for another round of talks whose timetable already looks tight.
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Defense Secretary Mattis promises support to Ukraine, says reviewing lethal aid
U.S. Defense Secretary Jim Mattis on a visit to Ukraine on Thursday said Washington would keep up pressure on Russia over what he called its aggressive behavior and signaled his personal support for providing weapons to Kiev.
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Scottish, Welsh government heads unite to stop 'unashamed' power grab after Brexit
The heads of devolved governments in Scotland and Wales agreed on Tuesday to work together to try to set a common strategy to thwart the threat of an "unashamed" grab of parliamentary power by London after Britain leaves the European Union.
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Merkel hits out at predecessor in Russia row before election
German Chancellor Angela Merkel criticized her predecessor, Gerhard Schroeder, on Monday for taking a new job at Russian oil producer Rosneft and said she did not intend to take any posts in industry once she leaves politics.
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China Unicom's $12 billion ownership-reforms plan mired in confusion
Telecoms group China Unicom's $11.7 billion ownership-reforms plan, billed as a model case for revitalizing Chinese state firms with private capital, remained under a cloud on Friday, with confusion about fundraising details persisting.
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Alibaba beats on earnings as e-commerce remains core revenue driver
Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales.
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