Weekly oil prices’ slump halted amid trade friction optimism
HOUSTON, Sept 15 (Xinhua): Oil prices posted the biggest weekly drop within almost two months for the week ending Sept. 13, but eventually avoided further slump thanks to the optimistic sentiment on trade frictions between the United States and China, with the price of West Texas Intermediate (WTI) for October...
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UAE regulator not optimistic of Boeing 737 MAX return
DUBAI, Sept 15 (Reuters): The head of the United Arab Emirates' General Civil Aviation Authority said on Sunday he was not optimistic that the Boeing 737 MAX would return to operations this year and that the first quarter of 2020 was more likely.The 737 MAX has been grounded since March...
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Siemens, Orascom to rebuild vast Iraq power plant
BAGHDAD, Sept 15 (AFP): Iraq signed a $1.3 billion deal with German industrial conglomerate Siemens and Egypt's Orascom Construction on Saturday to rebuild a major power plant complex in the ravaged city of Baiji, north of Baghdad.The new deal is part of a broader energy road map that Iraq signed...
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Overall price of commodities in China shrinks
BEIJING, Sept 15 (Xinhua): The overall average price of commodities in China shrank by 2.0 per cent in August from the previous month and by 6 per cent from the same period last year, according to the China Logistics Information Centre.The average price in the January-August period went down 2.7...
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Protests against German car industry rev up in Frankfurt
FRANKFURT, Sept 15 (AFP): Thousands of protesters, many on bicycles, gathered in the southern German city of Frankfurt Saturday to protest outside the city's motor show, part of a new wave of environmental activism.Between 15,000 and 25,000 people - according to estimates from the police and the organisers respectively -...
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