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UK Presses Fraud Charges against Barclays over Qatar Loan

Britain's Serious Fraud Office on Monday charged a unit of Barclays over alleged fraud linked to emergency fundraising from Qatar during the financial crisis a decade ago, the bank said. 

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Asian Markets Struggle to Hold Gains, Warning of More Volatility

Asian markets struggled to hold early gains on Monday after last week's global rout, with analysts warning of further volatility across trading floors.

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Trump to Unveil $1.5 Trillion Infrastructure Plan

Donald Trump's administration will sketch out more details of its plan to invest in America's creaking infrastructure Monday, hoping it can leverage up to $1.5 trillion for the cause.

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Dubai Opens World's Tallest Hotel, Again

Gulf metropolis Dubai, on its never-ending quest to break records, announced the opening of the "world's new tallest hotel" Sunday, pipping another towering landmark in the city for the title.

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French PM Oversees Major Airbus Deal Signed in Dubai

French Prime Minister Edouard Philippe on Sunday hailed the signing in Dubai of a $16 billion purchase by Emirates Airlines of the Airbus A380 superjumbo commercial airliner.

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Touting 'Transformation', French PM Seeks Investment in Dubai

France's Prime Minister Edouard Philippe promised lower taxes and a business-friendly France at a global summit in Dubai on Sunday, seeking investment from the oil-rich Gulf region.

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IMF Says Global Markets Seeing 'Necessary Corrections'

The latest volatility in global financial markets represents "necessary corrections", IMF chief Christine Lagarde said in Dubai on Sunday, in the wake of a Wall Street plunge.

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IMF Chief Urges Arab States to Slash Spending

IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in spending, achieve sustainable growth and create jobs.

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Global Shares Sink after Major US Index Enters Correction

Global stock prices sank Friday after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off.

Markets followed U.S. stocks down after the Dow, coming off a record high, entered a correction — or a 10 percent decline from its latest peak — for the first time in two years.

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Trade on Agenda as China's Top Envoy Visits US

US Secretary of State Rex Tillerson welcomed Chinese state councillor Yang Jiechi to Washington on Thursday as the world's two most powerful diplomats talked trade, drugs and North Korea.

Yang is in Washington for two days at a time when relations between the top powers are dominated by the North Korean nuclear stand-off and President Donald Trump's concerns about their trade imbalance.

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