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Spain to Raise Minimum Wage 22% in 2019

Spanish Prime Minister Pedro Sanchez said Wednesday his cabinet would approve next week a 22 percent increase in the monthly minimum wage to 1,050 euros ($1,192) in 2019.

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Oil Producers to Review Cuts Impact in April, Says UAE

Oil producers who agreed last week to trim production to boost prices will meet in April to review the impact and sign a long-term  pact, the UAE minister said Wednesday.

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France Can Breach EU Budget Rules for Short While, Says Moscovici

EU Economic Affairs Commissioner Pierre Moscovici said Wednesday France could breach EU budget rules for a short while if necessary, after concessions to "yellow vest" protesters costing billions of euros blew out its deficit targets.

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Lawyers Protest Detention of Kelly, Ghosn's Co-Accused

Lawyers for Greg Kelly, the American executive arrested last month with Nissan's former chairman Carlos Ghosn on suspicion of underreporting Ghosn's pay, protested his prolonged stay in Japanese detention Wednesday.

The Tokyo District Court confirmed it received the protest. Lawyers often file such protests in Japan, where suspects get detained for weeks, sometimes months, before they face trial. Such protests tend to be routinely rejected.

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Mexico Cancels Oil Auctions under New President

Mexico's energy regulator said Tuesday it was canceling its remaining oil block auctions for private firms, the centerpiece of the country's landmark energy reform, now under attack by new President Andres Manuel Lopez Obrador.

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Brazilian Airline Avianca Brasil Declares Bankruptcy

Cash-strapped Avianca Brasil, the country's fourth-largest airline, on Tuesday sought bankruptcy protection from creditors but reassured passengers that flights will continue.

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Chinese, US Negotiators Discuss Trade Talks Timetable

Top Chinese and US negotiators held telephone talks on Tuesday to exchange views on the timetable of trade talks, the Chinese commerce ministry said.

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Qualcomm: China Court Bans iPhone Sales in Patent Dispute

A Chinese court ordered a ban in the country on iPhone sales in a patent dispute between U.S. chipmaker Qualcomm and Apple, according to a Qualcomm statement Monday.

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German Rail Strike Halts Trains Nationwide

Germany was plunged into transport chaos Monday as train services were halted by a railworkers' strike over pay, affecting millions of passengers.

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UK Economy Struggles ahead of Brexit

Britain's Brexit-facing economy experienced sluggish growth in October as the car sector stalled, official data showed  Monday.

Gross domestic product grew by just 0.1 percent in October from September, the Office for National Statistics (ONS) said in a statement.

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