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Trump hails 'cash' to farmers, U.S. aid in China trade war

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U.S. President Donald Trump on Sunday welcomed a "cash" payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs, but that money actually is part of a U.S. government aid package.

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Saudi Aramco in race for IPO record with $1.7 trillion top value

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Saudi Aramco is worth up to $1.7 trillion at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi's crown prince but putting it in the running to become the world's biggest IPO.

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France's Le Maire favours car industry professional as next Renault CEO

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French Finance Minister Bruno Le Maire said on Sunday that the search for a new CEO for Renault was still on and that he favoured selecting a professional from the automobile sector.

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Ethiopian Airlines undecided whether to take more Boeing 737 MAX jets

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Ethiopian Airlines has not decided yet whether to take more deliveries of the 737 MAX, the jet grounded worldwide in the wake of crashes in Ethiopia and Indonesia, the airline's CEO said on Sunday, as Boeing completes revisions to the aircraft's design.

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French lottery operator IPO draws retail investors - minister

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The initial public offering (IPO) of French lottery operator Francaise des Jeux (FDJ) has proved a "popular success", drawing subscriptions from retail investors worth 1 billion euros ($1.10 billion), the finance minister said on Saturday.

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Yemenis go solar amid war energy shortage

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When electricity was cut to Yemen's capital four years ago after war broke out, Ebrahim al-Faqih saw a gap in the market and started selling solar panels.

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'Crown jewel' Aramco stirs loyal Saudi demand for giant IPO

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From taxi drivers to clerics, Saudis clamouring to own part of state oil giant Aramco went online and to local banks on Sunday at the start of a long-delayed share sale for what could be the world's biggest initial public offering.

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Russia says India delaying signing helicopters deal - executive

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The head of Russian Helicopters said on Sunday that India was delaying the signing of a firm agreement for purchasing 140 helicopters despite providing all information.

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Belarus threatens to pull out of Russia integration deal over subsidy row

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Belarus President Alexander Lukashenko on Sunday threatened to pull out of signing an integration deal with Russia next month if Moscow failed to resolve their dispute over energy subsidies.

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Factbox: Saudi Aramco - the oil colossus

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Saudi Aramco set a price range for its blockbuster listing that implies the oil giant is worth between $1.6 trillion and $1.7 trillion, below the $2 trillion Saudi Crown Prince Mohammed bin Salman previously targeted.

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Saudi Aramco will not market IPO in the United States - sources

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Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources familiar with the matter said.

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China, U.S. had 'constructive' phone call on trade - Xinhua

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China and United States had "constructive talks" on trade in a high-level phone call on Saturday, state media Xinhua said.

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Nissan recalls nearly 400,00 vehicles over braking system defect

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Japan's Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire.

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Boeing says timing of 737 MAX return in hands of regulators

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Boeing moved on Saturday to ease tensions with regulators over the return to service of its 737 MAX, saying it was up to the U.S. Federal Aviation Administration and its global counterparts to approve changes to the jet in the wake of two accidents.

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South African Airways, unions meet for talks amid damaging strike

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South African Airways (SAA) and unions on Saturday met for talks the troubled state-run carrier hopes can bring an end to a crippling strike that it says could push it to collapse.

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Lebanon bank staff union to discuss ending strike after receiving security plan - union

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Lebanon's bank staff union will meet on Sunday or Monday to decide whether to call off a strike, after receiving a plan to secure banks with a stepped up police presence, the president of the Federation of Syndicates of Bank Employees said on Saturday.

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Protest forces AngloGold Ashanti to suspend Guinea gold mine

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South African miner AngloGold Ashanti suspended its gold mining operations in Guinea after a community protested on its Siguiri mining site, its Guinea subsidiary Societe Aurifère de Guinee (SAG) said in a statement.

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Saudi Aramco IPO could strengthen govt finances, support economy - S&P

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Saudi Aramco's forthcoming listing on the local stock market could help strengthen the government's net asset position, with the proceeds potentially raising the kingdom's longer-term economic growth, S&P Global Ratings said.

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MSCI, S&P Dow Jones, FTSE Russell could fast-track Aramco into indices

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MSCI, the world's biggest index provider, will follow in the footsteps of S&P Dow Jones and FTSE Russell, which told clients this week that they could fast-track Saudi Aramco's inclusion into their indexes as soon as December.

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Untimely rains hit India's summer crops, delay rural economy recovery

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Heavy rains in October and November have brought more misery to India's farmers, after summer-sown crops such as soybean, cotton, rice and vegetables suffered rain and flood damage during the wettest June-September monsoon season in 25 years.

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