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Treasury Secretary Mnuchin Calls US-China Talks 'Productive'

Treasury Secretary Steven Mnuchin said the United States had "productive" talks with China over their trade dispute after negotiations in Beijing ended Friday with no sign that any concrete progress had been made.

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Amazon Drops New York Headquarters Plan amid Protests

Amazon on Thursday abandoned plans for a new headquarters site in New York City, citing opposition from local leaders angry at the huge subsidies being offered to one of the world's most successful companies.

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Congress Scrambles to Get Spending Bill to Trump's Desk

U.S. lawmakers raced to pass a compromise spending and border security plan aimed at preventing a new government shutdown set to hit Friday at midnight, a scenario Donald Trump says he too hopes to avoid.

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White House Says U.S. Trade Negotiators to Meet with Xi

High level U.S. trade negotiators in Beijing will meet with Chinese President Xi Jinping, a top White House official confirmed Thursday.

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Dubai Property Giant Emaar Grows Profits despite Lower Prices

Dubai-based construction giant Emaar Properties said on Thursday its net profits for the fourth quarter and the whole of last year increased despite falling real estate prices.

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Airbus Pulls Plug on Costly A380 Superjumbo

European aerospace giant Airbus said Thursday it would end production of the A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs.

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EU Moves ahead with Russia Gas Pipeline despite U.S. Opposition

The European Union pushed ahead Wednesday with an agreement that will allow Russia to continue to build a new gas pipeline to Europe, despite U.S. warnings it posed a security risk.

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Renault Board Blocks Payouts to Ghosn Worth 10 Million Euros

Renault said Wednesday that its board has decided not to pay out the equivalent of two years of salary to ex-CEO Carlos Ghosn which would have been due to him under a non-compete clause in his contract. 

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OPEC Squeezes Oil Output to 4-Year Low, Russia Compliance Low

OPEC production fell to a four-year low in January as the cartel applied a new pact to boost global oil prices, the International Energy Agency said Wednesday, but Russia and other ex-Soviet states failed to cut back output as much as promised.

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National Strike Brings Belgium to Standstill

Belgium slowed to a standstill on Wednesday as a national strike closed airports, shuttered businesses and caused major disruption to railways.

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