Oil slips from three-year highs on signs of overheated market
SINGAPORE, Jan 11 (Reuters): The United States (US) Oil dipped away from three-year highs on Thursday on signs that a 13-per cent rally since early December may have run its course, although a surprise drop in US production and lower crude inventories offered prices some support.US West Texas Intermediate (WTI)...
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Lufthansa outflies Ryanair in Europe’s skies
FRANKFURT AM MAIN, Jan 11 (AFP): German airline giant Lufthansa said Wednesday it had carried 130 million passengers in 2017, nosing ahead of budget Irish carrier Ryanair to become Europe's largest airline by passenger numbers.The German group -- which includes Lufthansa's own blue-and-yellow liveried aircraft, Austrian and Swiss Airlines, no-frills...
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Chinese economy grew ‘around 6.9pc’ in 2017: Li
BEIJING, Jan 11 (AFP): China's premier expects economic growth of around 6.9 per cent for 2017, as he saw a "better than expected" outlook for the world's second-largest economy, state media said Thursday.The authorities will release official gross domestic product figures next week but Premier Li Keqiang has given his...
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Uniqlo posts strong profits from int’l sales
TOKYO, Jan 11 (AFP): Japan's Fast Retailing said Thursday that sales at its Uniqlo stores abroad had outstripped domestic demand for the first time, as Asia's biggest retailer delivered quarterly earnings that beat market expectations.Driven by a strong performance in China and the wider Asia region, overseas sales at the...
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