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Qatar Limits Hours, Ensures Pay for Domestic Workers

Qatar has approved a law limiting domestic staff to a maximum of 10 hours' work a day, the first such protection for thousands of household maids, nannies and cooks in the emirate.

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Brazil Eyes Privatization of Eletrobras

Brazil's government is eying the privatization of giant power utility Eletrobras in a bid to balance a yawning budget deficit, the energy ministry said, sparking a surge in share prices Tuesday.

"This is a move of fundamental importance for developing the Brazilian electricity sector," Mining and Energy Minister Fernando Coelho Filho told a press conference in Brasilia.

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German Investor Confidence Plunges in August

Confidence among German investors plunged in August, a monthly survey showed Tuesday, as fears for growth prospects in Europe's largest economy made themselves felt.

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S. Korea Says No Agreement over Renegotiation of U.S. Trade Deal

South Korea and the U.S. reached no agreement on  renegotiating their free trade pact -- decried by President Donald Trump as a "horrible deal" -- a top Seoul official said Tuesday after meeting U.S. counterparts. 

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European Stock Markets Recover

European stock markets rebounded Tuesday, with traders brushing off a slump in German investor confidence, although concerns lingered over U.S. President Donald Trump's economic agenda and geopolitical crises.

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France Lifts Lid on Contested Labor Reforms

The French government will begin Tuesday a final round of talks with trade unions and employer groups on liberalizing the country's strict labor laws, taking President Emmanuel Macron a step closer to implementing one of his signature reforms.

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France's Total to Buy Maersk Oil for $7.45 Billion

French oil giant Total said Monday that it would buy Maersk Oil, a unit of Danish shipping giant A.P. Moller-Maersk, for $7.45 billion (6.35 billion euros).

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Bankrupt Air Berlin Targets September Sale

Insolvent German airline Air Berlin hopes to complete its sale by September, the group's chief executive said, as government officials fended off accusations of favouring Lufthansa in the bankruptcy process.

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US Business Economists Fret over Trump Policy Agenda

US business economists worry about the prospects for President Donald Trump's policy agenda, and the potential damage to the economy from his trade and immigration policies, according to a survey released Monday.

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US and Japan Discuss Speeding Up Bilateral Trade Talks

The US and Japan on Thursday discussed accelerating talks on strengthening bilateral trade as well as bolstering economic relations, the US Trade Representative's office said.

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