Oil prices up $1 on tight US supply, China demand

LONDON, Sept 29 (Reuters): Oil prices rose on Friday and were headed for a gain of about 3.0 per cent for the week, driven by tight U.S. supply and expectations of strong fuel demand in China during the Golden Week holiday.US West Texas Intermediate crude (WTI) was up $1.31, or...

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Vietnam economy grows 5.3pc in third quarter

HANOI, Sept 29 (AFP): Vietnam's economy grew 5.3 percent on-year in the third quarter, official data showed Friday, though experts warned it was on course to miss an ambitious year-end target.Loan interest rate reductions, an extension of tax payments and increased public investment had a positive impact, the General Statistics...

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JetBlue files complaint in US against Schiphol flight curbs

AMSTERDAM, Sept 29 (Reuters) - U.S. carrier JetBlue Airways (JBLU.O) said on Friday it had filed a complaint against the Netherlands and the European Union to the U.S. Department of Transportation over the Dutch government's move to curb traffic at Amsterdam's Schipol Airport.The Dutch government earlier this month said it...

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Hindustan Zinc to spin off commodities into separate companies

BENGALURU, Sept 29 (Reuters): Hindustan Zinc on Friday said it plans to create separate entities for its zinc, lead, silver and recycling businesses to unlock "potential value" and will appoint external advisors to review its corporate structure.Shares of Hindustan Zinc surged as much as 6.6 per cent after the announcement,...

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Intel hails 'landmark' as high-volume EUV production begins

DUBLIN, Sept 29 (Reuters): Chipmaker Intel said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines at its $18.5 billion plant in Ireland, calling it a "landmark" moment as it seeks to regain ground on its rivals.The EUV tools, which are theoretically precise enough to hit...

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