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Iran urges OPEC members to refrain from unilateral actions

Ali Mohammadi | Bloomberg | Getty Images A support vessel maneuvers near the crude oil tanker ‘Devon’ as it sails through the Persian Gulf towards Kharq Island oil terminal to transport crude oil to export markets in Bandar Abbas, Iran, on Mar. 23, 2018. Iran has asked fellow OPEC members …

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Trump says Saudi king has agreed to his request to raise oil production ‘maybe up to 2 million barrels’

Jonathan Ernst | Reuters President Donald Trump welcomes Saudi Arabia’s Crown Prince Mohammed bin Salman in the Oval Office at the White House in Washington, U.S. March 20, 2018. President Donald Trump said in a tweet on Saturday that Saudi Arabia’s King Salman had agreed to his request to increase …

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Thyssenkrupp, Tata Steel seal landmark steel joint venture deal

Getty Images Coils of steel stand on trains in front of the ThyssenKrupp steel mill on March 5, 2018 in Duisburg, Germany. Germany’s Thyssenkrupp and India’s Tata Steel signed a final agreement on Saturday to establish a long-expected steel joint venture, the European steel industry’s biggest shake-up in more than …

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Emerging markets are in a death cross, and more losses may be looming

Emerging markets are feeling the heat. China is in a bear market, Brazil is closing in on one, and the EEM emerging markets ETF could close out its worst quarter in nearly three years on Friday. Brace for more pain, says one technical analyst. “There’s really a time to own …

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Nervous investors exiting US stocks at near-record pace on trade-war fears

Investors bailed out of U.S. stocks at a near-record pace in the last week, as money flowing into Treasury bills surged to a 10-year high. Outflows from U.S. stock funds and ETFs totaled $24.2 billion, the third-highest ever, and the $30 billion that came out of global stock funds in …

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‘We will not back down’ 

Cole Burston | Bloomberg | Getty Images Chrystia Freeland, Canada’s minister of foreign affairs, speaks during a briefing on North American Free Trade Agreement (NAFTA) negotiations in Toronto, Ontario, Canada, on Thursday, June 14, 2018. After a particularly tense week for Canada-U.S. relations, Chrystia Freeland said North American Free Trade …

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China’s ZTE shakes up board in bid for US ban lift

Lluis Gene | AFP | Getty Images People walk in front of the ZTE stand at the Mobile World Congress on February 27, 2018 in Barcelona. Chinese telecoms giant ZTE announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the …

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We will not get rid of our struggling US unit

Kai Pfaffenbach | Reuters Christian Sewing, CEO of Germany’s Deutsche Bank, addresses the audience during the bank’s annual meeting in Frankfurt, Germany, May 24, 2018. Deutsche Bank CEO Christian Sewing told CNBC on Friday the German banking giant remains committed to its U.S. unit even after failing the second round …

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Note-by-note cuisine can boost food security: Herve This

Pierre Gagnaire and Herve This A Note-by-Note meringue dish called ‘Wind Crystals.’ Made from protein, water, egg white and flavoring. But note-by-note cooking doesn’t seek to simply recreate existing dishes, it wants to invent new edible items. “Science is so powerful that I can make one new food every month for 20 years,” …

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Suspect in Maryland newspaper shooting identified as Jarrod Ramos

The suspect in Thursday’s shooting at a Maryland newspaper was identified as Jarrod Ramos, born Dec. 21, 1979, according to three senior law enforcement officials. At least five were killed and several others “gravely injured” during a shooting at the offices of the Capital Gazette newspaper in Annapolis, Maryland, law …

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