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Germany Probes 2,000 Firms over Alleged Malta Tax Dodge

German authorities said Wednesday they had opened a probe into up to 2,000 companies registered in Malta on suspicion of tax fraud, after receiving an anonymous tip.

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Army to Protect Tunisia Resources from Protests, Says President

President Beji Caid Essebsi said Wednesday that the army will protect the output from Tunisia's main resources from being disrupted by protests over social and labor issues.

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Markets Diverge after Trump Fires Comey

World stock markets diverged and the dollar wobbled on Wednesday, as investors digested the overnight news that U.S. President Donald Trump has fired FBI director James Comey.

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Toyota Logs First Annual Profit Fall in Five Years

Toyota on Wednesday reported its first drop in annual net profit for five years, while it unexpectedly warned that earnings would fall again owing to pricey U.S. customer incentives and a forecast pick up in the yen.

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Palestinians Seek Pizza Hut Boycott for 'Mocking Hunger Strike'

Palestinians called for a boycott of Pizza Hut on Tuesday after the company's franchise in Israel was accused of mocking hunger-striking prisoners.

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Macron Victory is 'Good News' for Trade-Reliant Asia, Says IMF

Emmanuel Macron's victory in the French presidential election is "good news" for trade-reliant Asia as it eases fears of rising protectionism in Europe, the International Monetary Fund (IMF) said Tuesday.

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Steady growth keeps Commerzbank restructuring 'on track'

Germany's second-largest lender Commerzbank on Tuesday reported steady growth in the first quarter, saying that it would press on with far-ranging restructuring plans over the rest of the year.

Net profit increased 28.4 percent to 217 million euros ($237 million) between January and March compared with the same period last year, the bank said in a statement.

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Russia, Saudi Eye Extending Oil Output Reduction Deal

The world's biggest oil producers Russia and Saudi Arabia on Monday eyed up extending an output reduction deal ahead of an OPEC meeting later this month. 

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U.S. Stocks Dip after French Election, Chinese Data

Wall Street stocks dipped early Monday following sluggish Chinese trade data and ahead of key U.S. economic data and earnings from Disney later in the week.

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Turkey Aims to Boost GCC Ties amid Free Trade Talks

Turkish President Recep Tayyip Erdogan on Monday said he aimed to boost economic and military ties with Arab Gulf states, as talks on a free trade zone deal pushed ahead.

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