Oil falls as UK pipeline moves closer to restart

LONDON. Dec 21 (Reuters): Oil prices fell on Thursday after the operator of Britain's Forties pipeline in the North Sea said it was expected to restart in early January after repairs over Christmas.Forties is the largest of the five North Sea crudes that underpin Brent, a benchmark for oil trading...

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Lufthansa eyes EU green light for Air Berlin spoils

FRANKFURT AM MAIN, Dec 21 (AFP): German carrier Lufthansa hopes to win European Union (EU) approval Thursday to snap up a slice of bankrupt Air Berlin's operations, after competition concerns forced it to scale back its bid for the homegrown rival.Responding to signals that the European Commission was likely to...

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Senior executives knew about data tampering

TOKYO, Dec 21 (Reuters): Kobe Steel Ltd, at the center of a data-falsification scandal that has shaken Japan's manufacturing industry, admitted for the first time that executives were aware of the cheating, and reassigned three senior officials.Japan's No 3 steelmaker, which supplies the manufacturers of cars, planes and trains across...

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