Stories By 'Reuters'
South Korea did not import crude oil from Iran in December, compared with 1.1 million tonnes imported a year ago, preliminary data from Korea Customs Service showed on Tuesday.
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Sales of new cars in Russia are expected to rise 3.6 percent this year to 1.87 million, marking a slowdown from last year’s surge, the Association of European Businesses (AEB) lobby group said on Monday.
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India’s annual retail inflation rate dropped to an 18-month low of 2.19 percent in December, strengthening views of some economists that the central bank could ease monetary policy next month as prices for many food items fell and the nation faces a manufacturing slowdown.
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Etihad Airways plans to hike its stake in debt-laden Jet Airways, a person close to the Abu Dhabi carrier told Reuters late on Monday, further driving up shares of the Indian airline.
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Gold prices held steady on Tuesday, supported by market expectations of fewer interest rate hikes in the year by the US Federal Reserve, while a bounce in Chinese equities stoked interest in riskier assets.
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President Donald Trump on Monday predicted the United States would reach a deal with China to end a tit-for-tat trade war, saying Beijing wants to negotiate and that talks are going well.
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Conceived as a bold plan to attack corruption, a crackdown by Mexico’s new president on rampant fuel theft has turned into a battle to prevent economic chaos after state governments, businesses and consumers were caught out by the decision.
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Swiss watchmakers are starting to see signs of slowing spending from Chinese tourists, but are still banking on demand shifting to mainland China to fuel growth this year, several high-end brands said on Monday.
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The emergence of Duanne Olivier to bolster South Africa’s impressive fast bowling stocks was a major catalyst in the 3-0 Test series victory over Pakistan and provides a glimpse into the future for teams visiting the country.
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Virat Kohli smashed his 39th one-day international (ODI) century as India claimed a dramatic six-wicket victory over Australia at a sweltering Adelaide Oval on Tuesday to level up the three-match series at 1-1.
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Oil prices rose on Tuesday amid supply cuts by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand.
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Indian rupee weakened sharply on Tuesday on “chunky outflows” with no intervention seen by the Reserve Bank of India, traders said.
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The largest actors union in the United States on Monday accused the organizers of the Oscars of trying to intimidate celebrities not to present at rival award shows.
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