Archive for the January 2, 2017
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Libya was producing 685,000 barrels of oil per day (bpd) on Sunday, up from around 600,000 a day last month, an official from the National Oil Corporation (NOC) said. Output has risen after a two-year
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Israeli financial institutions will have to start sending details of foreigners' bank accounts to the authorities by the end of 2017, as part of a global push to boost tax collection, the Finance Ministry said
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Spain's economic growth may have exceeded the 3.2 percent pace officially projected by the government for 2016, Economy Minister Luis de Guindos said in a radio interview on Sunday. De Guindos also said Spain would
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Deutsche Bank Chairman Paul Achleitner has ruled out a European merger or a state bailout after the lender's mortgage settlement with the US Department of Justice, Frankfurter Allgemeine Sonntagszeitung reported. The bank, Germany's biggest, last
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State Bank of India, the country's biggest lender by assets, said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge
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Rwanda's economy grew by 5.2 percent in the third quarter of last year, down from 5.4 percent in the second quarter and 5.9 percent in the same period in 2015, according to data published by
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Argentina will loosen regulations in the telecommunications sector in a bid to increase competition among providers and modernise the country's internet service, a government source with knowledge of the situation told Reuters on Friday. For
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Sales of new cars in France rose 5.1 percent last year, breaching the symbolic threshold of two million vehicles for the first time since 2011, the French automakers' association CCFA said Sunday. Total sales were
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The Chinese government should set a more flexible target for economic growth this year to give more space for reform efforts, a central bank adviser told the official Xinhua news agency in comments published on
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Manufacturing activity in China slowed slightly in December, official figures showed Sunday, as the world's second largest economy stabilises. The official purchasing managers' index (PMI), which gauges conditions at factories and mines, came in at
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