Oil rises further above $68 a barrel on tighter market
LONDON, Jan 9 (Reuters): Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations US crude inventories fell for an eighth week.The Organisation of the Petroleum Exporting Countries (OPEC) and allies including Russia are keeping supply limits in...
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Lufthansa to hire 8,000 workers in 2018
FRANKFURT AM MAIN, Jan 9 (AFP): German airline group Lufthansa said Monday it plans to hire more than 8,000 people in 2018, the latest step in a relentless push for growth at one of Europe's largest carriers.Taking into account workers leaving the company, a Lufthansa spokesman told AFP that the...
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Tesco top in UK Christmas trading battle
LONDON, Jan 9 (Reuters): Britain's biggest supermarket group Tesco was the best performer over Christmas, Kantar Worldpanel said on Tuesday, with a 3.1 per cent rise in sales in the past 12 weeks beating its "big four" rivals Sainsbury's, Asda and Morrisons.Asda, owned by Walmart, increased sales by 2.2 per...
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Germany’s exports up
BERLIN, Jan 9 (Reuters): Germany's industrial production and its exports rose more than expected in November, pointing to continued rising growth in Europe's largest economy in 2018. Industrial output jumped by 3.4 per cent on the month, the strongest increase since September 2009, data from the Federal Statistics Office showed...
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