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Russian energy minister says may meet Saudi counterpart before Doha event

NOVOKUZNETSK, Russia (Reuters) - Russian Energy Minister Alexander Novak said on Monday that he may meet his Saudi Arabian counterpart before a planned oil producers' meeting in Doha on April 17.

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PM Cameron's spokeswoman says family investments are 'private matter'

LONDON (Reuters) - British Prime Minister David Cameron's spokeswoman declined to comment on Monday on whether the leader's family had money invested in offshore funds set up by his father, saying it...

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EQT reaffirms Kuoni bid is on after Swiss watchdog's ruling

ZURICH (Reuters) - Private equity group EQT's 1.35 billion Swiss franc (991 million pounds) bid for listed shares of travel group Kuoni remains intact despite a regulator's ruling questioning terms of...

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China debt-to-equity swap could 'resolve' $154 billion in potential bad debt...

BEIJING (Reuters) - China's first batch of debt-to-equity swaps is expected to "resolve" 1 trillion yuan (109 billion pounds) in potential bad banking debt in three years or less, media group Caixin...

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Russia says Iran confirms participation in Doha meeting, not to freeze oil...

NOVOKUZNETSK, Russia (Reuters) - Russian Energy Minister Alexander Novak said on Monday that Iran has confirmed its participation in a Doha meeting on April 17, however, it planned to join the oil...

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Airbus warns British employees on cost of Brexit

LONDON (Reuters) - European planemaker Airbus Group said its future investment in Britain could depend on whether the country remains in the European Union, in a warning to its British employees ahead...

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Greece says bailout review must be concluded immediately

ATHENS (Reuters) - Greece's bailout review must be concluded immediately, the prime minister's office said on Monday, as talks on its fiscal progress resumed amid tensions after the leak of a...

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VW to spend about half a billion euros on digital trucks by 2020

BERLIN (Reuters) - Volkswagen's truck division will spend about half a billion euros by the end of the decade to enhance digital features of heavy-goods vehicles as truckmakers increase their focus on...

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FTSE advances, breaking losing run

LONDON (Reuters) - British shares edged higher on Monday as commodities-related stocks shrugged off declines in copper and oil prices, helping the index to gain for the first time this quarter.

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China's Li says tax reforms to create 10 million jobs

BEIJING (Reuters) - Chinese Premier Li Keqiang said he expects tax reforms will lower the cost of innovation and help create jobs for more than 10 million university and vocational school graduates,...

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Brazil's antitrust body recommends restrictions on HSBC-Bradesco deal

BRASILIA (Reuters) - A preliminary report by Brazil's antitrust regulator recommended imposing restrictions on Bradesco SA's purchase of the Brazilian unit of HSBC Holdings PLC , according to the...

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South Africa's competition watchdog to ask for more time to probe SABMiller,...

JOHANNESBURG (Reuters) - South Africa's competition watchdog said on Monday it will request an extension to Tuesday's deadline to complete an investigation of Anheuser-Busch InBev's planned $100...

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Airbus use of agents referred to Serious Fraud Office

PARIS (Reuters) - Britain's export finance authority said on Monday that it had referred the use of overseas agents by European planemaker Airbus to the country's Serious Fraud Office (SFO).

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Alaska Air to buy Virgin America for $2.6 billion

NEW YORK (Reuters) - Alaska Air Group Inc said on Monday that it would buy Virgin America Inc for $2.6 billion (1.8 billion pounds) to compete more effectively with larger airlines and become the top...

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New M&S boss Rowe to keep control of clothing division

LONDON (Reuters) - Steve Rowe, the new chief executive of British retailer Marks & Spencer , will continue to lead the firm's clothing business, saying turning around the troubled division is his...

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Global market shocks from China will only increase - IMF

WASHINGTON (Reuters) - Global market spillovers from China's economic shocks will only increase in coming years as the country's financial influence grows and the yuan's use as a funding currency...

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Bank of England to leave Bank Rate at 0.5 percent until early 2017: Reuters Poll

LONDON (Reuters) - The Bank of England will leave British interest rates at a record low until next year as stuttering global growth and inflation nowhere near target ties the central bank's hands, a...

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Shell pulls out of Arctic-focused exploration oil licensing round in Norway

OSLO (Reuters) - Oil major Royal Dutch Shell has pulled its application from Norway's Arctic-focused oil licensing round, the firm said on Monday, in a blow to the Nordic country's ambitions to explore...

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World figures deny wrongdoing as 'Panama Papers' turn spotlight on tax evasion

LONDON/PANAMA CITY (Reuters) - Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday following a leak of documents from a Panamanian law firm...

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UK halts all Airbus export credit bids as probe launched - source

United Kingdom NewsPARIS (Reuters) - All applications for UK export credits to assist the sale of Airbus jetliners have been temporarily frozen pending a review of the company's use of overseas agents,...

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