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Greece Says Vital Loan Payment Not Affected by Debt Talks Impasse

The deadlock in eurozone-IMF talks over Greek debt relief will not affect a vital loan payment needed to avert a July default, Athens said Tuesday.

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Oil Producers to Extend Output Curbs at OPEC Meeting

Oil producers inside and outside the OPEC cartel have little choice but to extend their deal from late 2016 curbing output when they meet in Vienna on Thursday, analysts say.

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France's Macron Backs Debt Relief for Greece in Call to PM

French President Emmanuel Macron told Greek Prime Minister Alexis Tsipras in a call on Monday that he backed debt relief for Greece, a statement from the presidency said.

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China Further Opens Energy Sector to Private Investment

China said it will further open up its oil and gas sector to private investment as it seeks to overhaul an industry still dominated by a handful of state-run firms. 

The plan comes as China, the world's biggest energy guzzler, attempts to ramp up domestic oil and gas production to boost its supply of the vital resources. 

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Saudi, UAE Pledge $100 Mln to Ivanka Trump Womens' Fund

Saudi Arabia and the United Arab Emirates have pledged $100 million to a women's business fund supported by Ivanka Trump, daughter of the president who Monday wound up a visit to Riyadh.

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Australian Magnate Andrew Forrest Gives Away $298 Million

Mining magnate Andrew "Twiggy" Forrest Monday made the biggest single philanthropic donation in Australian history, giving away Aus$400 million (US$298 million) to a variety of social and scientific causes.

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Pacific Rim Nations Fight to Save TPP Trade Pact

Asia-Pacific trade ministers agreed Sunday to attempt to resuscitate a massive free trade pact thrown into doubt by a Donald Trump-inspired U.S. pullout, as fears rumble of a new global era of protectionism. 

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Beijing's New Weapon in Economic War: Chinese tourists

Slapping import bans on products like mangoes, coal and salmon has long been China's way of punishing countries that refuse to toe its political line.

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U.S. Carmakers Downshift on Trump Economic Plan

Steadily rising U.S. auto sales helped fuel the economic recovery, but sales have shifted into lower gear even as President Donald Trump counts on carmakers to provide a lift to his economic plans.

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Russia Saga Potential Roadblock for Trump's Economic Plans

The repeated national security scandals rocking the Trump White House could derail the president's economic agenda and dampen the wave of investor enthusiasm that greeted his election, analysts say.

For the moment, the tremors are still slight and most economic data, job creation in particular, are healthy.

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