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Turkish Inflation Falls to Lowest Level since August

Turkish inflation has dropped below 20 percent for the first time since August last year, reaching 19.67 percent in February, official statistics showed Monday.

Consumer prices had been falling since a 15-year high in October, but inflation rose in January and reached an annual rate of 20.35 percent from 20.30 percent in December.

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Eurozone Inflation Up, Unemployment Stable

Eurozone annual inflation rose to 1.5 percent in February, up from 1.4 percent in January, while unemployment in the single currency area remained stable at 7.8 percent, Eurostat said Friday.

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Dutch Say Ready to Pursue Shell over Nigeria Corruption

Dutch prosecutors said Friday that they are preparing to file criminal charges against Anglo-Dutch oil giant Shell over suspected corruption in the attribution of Nigerian oil exploration rights in 2011.

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Canada Economy Slowed at End of 2018, Q4 Growth 0.4%

Canada's economy slowed in the last three months of 2018 to only 0.4 percent, according to government data released Friday, due in part to lower export prices of oil.

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France, Netherlands to Cooperate to Improve Air France-KLM Pact

France and the Netherlands will work together to improve the performance of Air France-KLM, the French finance minister said on Friday, after talks with his Dutch counterpart to ease tensions over the airline alliance.  

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Boeing Lands Huge British Airways Order, after Airbus Ends A380

British Airways announced a multi-billion dollar order for up to 42 Boeing 777 fuel-efficient passenger jets on Thursday, just two weeks after Airbus said it would no longer make its A380 superjumbo.

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Markets Mostly Drop on Kim-Trump Summit Failure

World stock markets mostly sank Thursday as a summit between Donald Trump and Kim Jong Un ended abruptly without an agreement.

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Ex-Nissan Chief Carlos Ghosn Makes Fresh Bail Request

Lawyers for former Nissan chief Carlos Ghosn on Thursday filed a fresh bail request for the auto titan after more than three months of detention, the Tokyo District Court said.

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World's Largest Sovereign Wealth Fund loses $57 bn

Norway's sovereign wealth fund, the world's biggest, suffered a loss of 485 billion kroner (50 billion euros, $57 billion) last year, the country's central bank said Wednesday.

The bank, which runs the fund, blamed the 6.1 percent drop -- its second worst yearly result ever -- on volatile stock markets. 

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Saudi Defiant on Oil Cuts after Trump Tells OPEC to 'Relax'

The Saudi energy minister said Wednesday he is leaning towards extending oil production cuts in the second half of 2019, despite US President Donald Trump's demand to keep prices down.

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