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Oil hits one-year high as Russia ready to join output caps
Oil prices jumped as much as 3 percent on Monday, with Brent hitting one-year highs, after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non-OPEC producers.
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China says EU duties on Chinese steel are unfair
China's Commerce Ministry has expressed concern and regret after the European Union set provisional import duties on two types of Chinese steel coming into the bloc, calling its investigation methods "unfair".
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China eyes progress at APEC for China-backed free trade area
China hopes to see progress at next month's summit in Peru of the Asia Pacific Economic Cooperation (APEC) bloc in pushing ahead with a Chinese-backed trade liberalization framework, China's foreign minister said while on a trip to Lima.
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'We are all leavers now' - Britain's May wins over pro-Brexit wing
Few noticed, but when Prime Minister Theresa May said Britain would once again decide alone how "we label our food" after quitting the European Union it was what many of her pro-Brexit lawmakers had dreamt of.
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Russia, bowing to budget pressures, revives oil firm sell-off
Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.
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Britain's Fox says wants new Brexit WTO terms with minimal disruption
Agreeing Britain's post-Brexit membership terms with the World Trade Organization will not be simple but should be done in a way that causes minimal disruption to global trade, trade minister Liam Fox said on Sunday.
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Russia, bowing to budget pressures, revives oil firm sell-off
Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.
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OPEC agrees modest oil output curbs in first deal since 2008
OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices.
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