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UK defence committee report says country at risk of being outgunned by Russia

Matt Cardy | Getty Images Britain’s new aircraft carrier HMS Queen Elizabeth is seen anchored in the dockyard on June 8, 2018 in Portsmouth, England. A group of British lawmakers has warned that unless the country raises spending on defense, it runs the risk of being “outgunned” by Russia. The …

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Goldman Sachs still sees oil rallying over $80 despite concerns over OPEC meeting

Akos Stiller | Bloomberg | Getty Images Khalid Bin Abdulaziz Al-Falih, Saudi Arabia’s energy minister and president of OPEC, speaks during a news conference following the 172nd Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, May 25, 2017. Goldman Sachs still expects the price of oil …

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Lufthansa in contact with Norwegian Air, CEO says

Getty Images Lufthansa airplanes at waiting position on the first of a two-day strike at Frankfurt Airport on November 23, 2016 in Frankfurt, Germany. Lufthansa is in contact with Norwegian Air Shuttle, also the subject of bid interest from British Airways owner IAG, the German group’s chief executive told a …

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Google to invest $550 million into China’s JD.com

Qilai Shen | Bloomberg | Getty Images A woman stands next to signage incorporating the logo of JD.com, and the company’s mascot ‘Joy,’ at the company’s headquarters in Beijing, China. Tech giant Google said Monday it will invest more than half a billion dollars in China’s second-largest e-commerce player, JD.com. …

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Where are oil prices headed?

Omar Marques | SOPA Images | LightRocket | Getty Images The logo for the Organization of the Petroleum Exporting Countries is seen on Nov. 29, 2017. The world’s top oil producers are set to meet at the end of this week and markets are paying close attention. Analysts expect members …

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23 candidates including Mnangagwa, Chamisa

Jekesai Njikizana | AFP | Getty Images Activists from Zimbabwe’s ruling party Zimbabwe African National Union Patriotic Front (ZANU PF) Youth League march for peace ahead of the July 30 general elections on June 6, 2018, in Harare, Zimbabwe. A record-breaking 23 people have put themselves forward to lead the …

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White House to announce tariffs on list of products

Jonathan Ernst | Reuters President Donald Trump and China’s President Xi Jinping leave after an opera performance at the Forbidden City in Beijing, China, November 8, 2017. The prospect of a full blown trade war between the United States and China — the world’s two biggest economies — sounds scary …

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China promises fast response if US hurts its interests

Qilai Shen | Bloomberg | Getty Images President Donald Trump, right, and Xi Jinping, China’s president, greet attendees waving American and Chinese national flags during a welcome ceremony outside the Great Hall of the People in Beijing, China, on Thursday, Nov. 9, 2017. China said on Friday it would respond …

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New Zealand announces tourist tax to fund straining infrastructure

Doug Pearson | Getty Images New Zealand, Auckland, Waitakere Harbour, Elevated View over Devenport towards CBD with Sky Tower at dawn New Zealand’s Labour-led government said on Friday it plans to impose a tax on most international visitors to fund infrastructure and ease strains on the South Pacific nation’s booming …

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Japan’s SoftBank to invest $100 billion in India solar power project

Tomohiro Ohsumi | Getty Images SoftBank Group Corp. Chairman and CEO Masayoshi Son speaks during a press conference on May 9, 2018 in Tokyo, Japan. SoftBank Group has decided to invest $60 billion-$100 billion in a solar power project in India, Japanese public broadcaster NHK reported on Friday. SoftBank and …

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