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ECB's Lagarde Says Business Needs More Women Leaders

European Central Bank President Christine Lagarde said Friday that there are still too few women in top jobs, and that the coronavirus pandemic has exacerbated the problem.

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Who's Still in the Running for WTO Leadership?

After Friday's first round of eliminations, here are penpics of the five candidates still in the running to become the next director-general of the World Trade Organization.

Abdel-Hamid Mamdouh (Egypt), Jesus Seade (Mexico) and Tudor Ulianovschi (Moldova) were all eliminated from the race to replace Brazilian career diplomat Roberto Azevedo, who stepped down at the end of August.

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U.S. Airlines Lobby White House for Another Round of Federal Aid

The chiefs of majors U.S. airlines converged on the White House Thursday to advocate for another round of federal support to avert thousands of impending layoffs.

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Saudi Oil Minister Urges Compliance with OPEC+ Cuts

Saudi Arabia's energy minister on Thursday pressed oil cartel OPEC and its allies to comply fully with production cuts amid falling crude prices, insisting that doing so was "not an act of charity".

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Barnier, Frost Meet as UK Brexit Bill Raises Hackles

The chief negotiators for EU-UK trade talks met in Brussels on Thursday to try to avoid a breakdown after London said it would backtrack on Brexit divorce terms.

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Syria Blames U.S. for Harsh Fuel Crisis Paralyzing the Country

Syria's oil minister claimed the severe fuel crisis that has hit his country is the result of Western sanctions, and also allegedly because oil fields in eastern regions have fallen under control of American troops and U.S.-backed Syrian Kurdish fighters.

The minister, Bassam Tomeh told state TV in an interview aired late Wednesday that oil supplies have been delayed because of the situation. "We have stocks that we are trying to manage in a rational way," he said, without elaborating.

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New Zealand Plunges into Recession as Economy Shrinks Record 12%

New Zealand plunged into recession for the first time in a decade Thursday, as data confirmed a record-breaking economic collapse that forced Prime Minister Jacinda Ardern to defend her pandemic response ahead of next month's general election.

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The Carlos Ghosn Saga: Key Dates

It was the arrest heard around the world: when Japanese prosecutors detained then-Nissan chief Carlos Ghosn in November 2018, it made global headlines, as did his audacious escape almost a year later.

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China Retail Sales Return to Growth, Economic Recovery Continues

Chinese retail sales rose in August for the first time since the coronavirus pandemic struck, data showed Tuesday, as officials try to kickstart the crucial domestic consumer sector to fuel recovery in the world's number-two economy.

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UAE, Israel Sign First Banking Deal

The National Bank of Dubai, the largest banking group in the emirate, signed a memorandum of understanding Monday with Israel's Bank Hapoalim, on the eve of the UAE-Israel normalization accord signing.

"It is a great honor to be the first bank to sign such an agreement that will contribute to the establishment of the relationship between the two countries," Bank Hapoalim’s CEO, Dov Kotler, said in a statement issued by NBD.

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