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A new global oil deal could draw lessons from 1998

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By Dmitry Zhdannikov LONDON (Reuters) – After a year of secret diplomacy and hushed-up private talks around the world, OPEC’s mighty Saudi Arabia and rival Venezuela were persuaded to cut a deal by non-OPEC Mexico which overcame mutual acrimony and led to a much-needed rise in oil prices. It was 1998, trust had long broken...
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European PMI day: France is holding everyone else back

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It’s PMI day in Europe. The performance of France, the eurozone’s second largest economy, is worrying. The country’s manufacturing sector was stagnant in January, pointing to big problems in the country’s manufacturers. Overall, the picture for the euro area isn’t looking great, with Italy missing forecasts by a big margin, and growth in France flat,...
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China share trading volumes are up 218%

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Trading on China’s stock markets has more than tripled in a year, according to the World Federation of Exchanges. The value of share trading in China increased 218% from $13.5 trillion to $43 trillion in 2015, according to a report from the industry group. The number of trades rose 186% from 2014 to reach 10.1 billion at...
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