Oil edges up on US stock decline, Mideast tensions
LONDON, July 24 (Reuters): Oil prices nudged higher on Wednesday, supported by a sharp fall in US crude stocks and tensions over Iran.Brent crude futures LCOc1 were up 8.0 cents at $63.91 a barrel by 1018 GMT, while US West Texas Intermediate crude CLc1 was up 20 cents at $56.97...
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French National Assembly votes in favour of EU-Canada free trade deal
France's National Assembly voted Tuesday to approve a free trade deal between the European Union (EU) and Canada, despite opposition from climate protection groups, reports German Press Agency - DPA.A total of 266 representatives in the lower house of parliament voted for the pact, while 213 were against the Comprehensive...
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Boeing posts nearly $3.0b quarterly loss
NEW YORK, July 24 (Reuters): Boeing Co reported a nearly $3.0 billion loss for the second quarter on Wednesday, as it factored in a previously announced $5.0 billion charge related to the prolonged grounding of its best-selling 737 MAX jet, sending its shares sharply lower.The US planemaker said it would...
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Gold rises as markets anticipate rate cuts
BENGALURU, July 24 (Reuters): Gold prices rose on Wednesday on expectations of monetary policy easing from major central banks to shore up the global economy though a stronger dollar curbed gains.Spot gold was up 0.7 per cent at $1,426.62 per ounce as of 0951 GMT, but was still short of...
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TechnipFMC wins $7.6b contract for Arctic LNG-2 project
PARIS, July 24 (Reuters): Oil services company TechnipFMC won a $7.6 billion contract with Russia's Novatek and its partners for the Arctic 2 liquefied natural gas project in western Siberia, pushing TechnipFMC's shares higher.TechnipFMC's Paris-listed shares rose 3.2% in early session trading, as analysts welcomed the new contract.TechnipFMC said the...
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