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Thomas Cook in talks with UK government and investors over rescue deal

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Britain's Thomas Cook is in talks with the government and potential investors about a last-minute rescue deal to fend off a corporate collapse that would send shockwaves well beyond the travel sector.

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China traders cut back Iran iron ore purchases ahead of tariff hike

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China has taken fewer shipments of iron ore from Iran over August and September, according to Refinitiv Eikon data, as additional export tariffs due to be imposed by Tehran have dampened risk appetites in the world's biggest steelmaker.

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Huawei to join forces with China Mobile to bid for Brazil's Oi: report

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Chinese telecoms equipment maker Huawei Technologies Co is joining forces with China Mobile to potentially enter a dispute to buy struggling Brazilian carrier Oi SA, in an attempt to boost its footprint in Latin America's largest market, O Globo news website reported on Saturday.

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Saudi Aramco hires UBS, Deutsche as bookrunners for its IPO: sources

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Saudi state oil company Aramco has hired UBS Group and Deutsche as bookrunners for its initial public offering, two sources familiar with the matter said, in a sign that the deal is moving ahead despite a recent attack on Saudi oil facilities.

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M&S suffers fresh blow as finance chief quits

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Marks & Spencer Group Plc said on Saturday its chief financial officer, Humphrey Singer, was stepping down after little more than a year, a further setback as the retailer is demoted from Britain's leading share index.

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After 'Howdy Modi,' Trump and India's PM could sign trade deal

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The United States and India are racing to negotiate a limited trade deal that U.S. President Donald Trump and Indian Prime Minister Narendra Modi can sign at the United Nations General Assembly in New York at the end of September, people familiar with the talks said.

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Saudi Aramco has emerged from attacks 'stronger than ever': CEO

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Saudi Aramco has emerged from attacks on its oil facilities "stronger than ever", Chief Executive Amin Nasser told employees in a message, adding that full oil production would resume by the end of this month.

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Analysis: A big fiscal splash still a step too far for Europe

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Prodded by worries about the worst global economic outlook in a decade and electorates still smarting from years of austerity, euro zone governments are starting to loosen their budgetary purse strings.

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Hopes for trade breakthrough fade as China cancels U.S. farm visits

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A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington.

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China, U.S. had 'constructive' trade talks in Washington: Xinhua

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China and the United States had "constructive" discussions on trade in Washington, state news agency Xinhua said on Saturday.

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Wall Street drops after China cancels trip to Montana farmland

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Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation cancelled a planned visit to Montana, dampening optimism about U.S.-China trade talks.

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Delaware judge says Tesla board must face trial over Musk's mega-pay package

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A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a shareholder lawsuit said unjustly enriched the head of the electric vehicle company.

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U.S. trade regulators approve some Apple tariff exemptions amid broader reprieve

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U.S. trade regulators on Friday approved 10 out of 15 requests for tariff exemptions filed by Apple Inc amid a broader reprieve on levies on computer parts, according to a public docket published by the U.S. Trade Representative and a Federal Register notice.

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Exclusive: Palantir to seek at least $26 bln valuation in fundraising - sources

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Palantir Technologies Inc is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics start-up in four years, people familiar with the matter said on Friday.

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Global Markets: Stocks fall as China cancels U.S. farm visits, yields dip

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An index of global stock markets surrendered early gains on Friday after Chinese agriculture officials who were to visit U.S. farm states next week cancelled their trip, dampening optimism on U.S.-China trade talks.

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Fed in three voices: recession, bubbles, and 'in a good place'

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After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions on full display Friday, with warnings of a slowdown on the one hand and financial risks on the other bookending talk of how well things are going.

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Aramco reps describe missiles and fires as facilities were attacked

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When 18 drones slammed into the world's biggest oil processing facility in Saudi Arabia last Saturday, the roughly hundred workers on weekend night shift leapt into action to confront the blazes that had erupted.

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Oil slips on trade fears but soars in week after Saudi production attacked

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Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia's energy industry last weekend.

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Fed's Rosengren flags risks to economy in WeWork-style model

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The rise in co-working spaces, like those offered by WeWork, may be a source of financial instability that could make the next U.S. recession worse by sparking a run on commercial real estate, Boston Federal Reserve Bank President Eric Rosengren said on Friday.

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Exclusive: Fitbit considers whether it should explore a sale - sources

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Wearable device maker Fitbit Inc has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people familiar with the matter said on Friday.

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