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US Budget Deficit Hits Record $204.9B for November 

The federal budget deficit surged to a record for the month of November of $204.9 billion, but a big part of the increase reflected a calendar quirk.    In its …

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Stocks Lose Steam as Nerves Persist, Euro Dips

A gauge of world equities was little changed after giving up early gains on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the …

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Apple Deepens Austin Ties, Expands Operations East and West

Apple will build a $1 billion campus in Austin, Texas, break ground on smaller locations in Seattle, San Diego and Culver City, California, and over the next three years expand …

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Wall Street Gains on Better Signs in US-China Trade Talks

Wall Street stocks finished higher on Wednesday due to improved hopes for the US-China trade talks. The Dow Jones Industrial Average added 0.6 percent at 24,527.27. The broad-based S&P 500 …

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Sustainable Tree Farming Means Better Lives for Kenyan Farmers

Wood consumption — including logging and the production of charcoal — is a leading cause of forest degradation in Africa. In some of Kenya’s coastal regions, recurring droughts have made the …

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Malaysian Ex-PM Slapped with New Charge Over 1MDB Scandal

Former Malaysian Prime Minister Najib Razak was charged Wednesday with tampering with the final audit report into a defunct state investment fund, adding to a long list of corruption allegations …

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Avianca Brasil Airline Declares Bankruptcy

Cash-strapped Avianca Brasil, the country’s fourth-largest airline, on Tuesday sought bankruptcy protection from creditors but reassured passengers that flights will continue. “Due to resistance from the lessors (of their aircraft) …

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Experts: Millions Invested But Gold Mining ‘Under-Exploited’ in W. Africa

Mining companies have invested at least $5 billion towards gold exploration in West Africa in the last decade but significant reserves are under-exploited, mineral industry experts said on Tuesday. Delegates …

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Trump Says He Would Intervene in Meng Case to Reach Trade Deal

President Donald Trump says he would intervene in the case against Chinese telecom executive Meng Wanzhou if it means reaching a trade deal with China. “Whatever’s good for the country, …

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US Treasury, USTR Reach Post-Brexit Insurance Accord with Britain

The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and …

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EU Will ‘Follow Closely’ French Deficit after Macron Measures

EU economics affairs commissioner Pierre Moscovici on Tuesday said Brussels will keep close watch over France’s new spending plans, a day after President Emmanuel Macron unveiled new measures to quell …

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Taiwan Reinforces Ban on Huawei Network Equipment

Taiwan is reinforcing its five-year-old ban on network equipment produced by Chinese companies Huawei Technologies and ZTE Corp. amid security concerns. Officials sought over the weekend to reassure lawmakers and …

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Disney Again Makes History with Earning Above $7B for 2018

Walt Disney Studios is again ending the year on a high note, posting more than $7 billion in global box office earnings, thanks to hits such as “Black Panther” and …

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China, US Discuss Next Stage of Trade Talks

China and the United States discussed the road map for the next stage of their trade talks on Tuesday, during a telephone call between Chinese Vice Premier Liu He and …

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Goodyear Halts Tire Production in Venezuela as Economy Slips

Goodyear Tire & Rubber Co. is halting production in Venezuela, making it the latest international corporation to abandon a South American nation in economic crisis, officials said Monday.   Spokesman …

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France’s Yellow Vests Attract Attention of Climate Change Conference

Environment ministers from nearly 200 countries are arriving in the Polish city of Katowice to join haggling over ways to advance the 2015 Paris accord to curb climate change. National …

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GM Fights US Government to Retain Tax Credit for Electric Cars

General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation’s largest automaker contends with the political fallout triggered by its plans to shutter several …

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Stocks Slip on China-US Tensions; Oil Resumes Slide

Stocks around the world are falling Monday morning, and U.S. indexes gave up modest early gains and turned lower, hurt by sharp drops for energy and financial companies. The British …

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Japanese Economy Experiences the Worst Downturn in Four Years

Japan’s economy contracted 2.5 percent in the third quarter of this year, July-September, which marks the worst downturn in the past four years.  The revised data released Monday was more …

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US, Western Diplomats See Political Motive Behind OPEC Oil Cut

Despite repeated calls by U.S. President Donald Trump for oil production to remain steady, the Saudi-led Organization of the Petroleum Exporting Countries, along with Russia and its allies, announced Friday …

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IMF Approves $3.7 Billion Loan for Oil-rich Angola

The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president …

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China Exports, Imports Weaken Ahead of US Talks

China’s export growth slowed in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent from a year ago to …

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