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Skype disappears from Chinese app stores in web crackdown

Bloomberg Microsoft Corp.’s Skype has vanished from Apple Inc. and Android smartphone app stores in China, becoming the latest victim in Beijing’s sweeping internet clampdown. The internet phone and video service was no longer available on Apple’s iOS or on popular local Android stores such as Xiaomi Corp’s. The Ministry of Public Security notified Apple that a number of voice-over-internet-protocol ...

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Russia, OPEC reach consensus on outline to extend oil curbs

Bloomberg OPEC and Russia have crafted the outline of a deal to extend their oil production cuts to the end of next year, although both sides are still hammering out crucial details, according to people involved in the conversations. The Organisation of Petroleum Exporting Countries and several non-OPEC nations led by Russia will meet next week in Vienna to discuss ...

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Equatorial Guinea aims tie-up with Venezuela on $2bn refinery complex

Bloomberg Equatorial Guinea, OPEC’s newest member, is looking to build a $2 billion oil-refining complex that may be operated by Venezuela’s state-run crude producer PDVSA. The refining complex in Equatorial Guinea is expected be announced in January and take two years to be completed, Gabriel Obiang, Equatorial Guinea’s Minister of Mines, Industry and Energy, said in an interview while attending ...

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Engie sells Aussie Loy Yang plant to Alinta

Bloomberg Engie SA and Mitsui & Co. agreed to sell the Loy Yang B coal power plant in Australia’s Victoria state to Alinta Energy Holdings Ltd., boosting the Hong Kong-owned utility’s exposure to the fossil fuel. Alinta’s owner, Chow Tai Fook Enterprises Ltd., entered into a conditional binding agreement to buy the 1,000-megawatt station, the company said in an emailed ...

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India eyes China-scale clean energy tenders in next 3 years

Bloomberg In a bid to exceed Prime Minister Narendra Modi’s climate pledges, India announced that it will tender enough renewable energy projects over the next three years to surpass 200 gigawatts of green capacity build by 2022. India declared a three-year program towards tenders for renewable energy projects that will meet its original target of 175 gigawatts of clean-energy capacity ...

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BASF in talks to merge oil unit with Fridman’s Dea, sees IPO

Bloomberg BASF SE said it’s in talks to combine its oil-and-gas unit with the energy company controlled by Russian billionaire Mikhail Fridman, setting the stage for one of the largest deals in the sector for some time. The German chemicals company would hold a majority in the combined entity, with a view to a possible initial public offering “in the ...

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EU gives May deadline to resolve Brexit deadlock

Bloomberg UK Prime Minister Theresa May has less than 10 days to come up with a new offer on the Brexit divorce bill if she wants to break the deadlock in negotiations before the end of the year. European Council President Donald Tusk gave May until December 4 to make extra efforts to resolve the differences between the two sides ...

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Merkel stabilises grip on Germany as enemies retreat

Bloomberg Angela Merkel returned to the international stage with a path to her fourth term opening up and her enemies in retreat. A week that began with the collapse of coalition talks, intrigue and finger-pointing ended with the chancellor telling her European Union partners that Germany is back to business as usual. The Social Democrats, her government partner during two ...

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Egypt raises security alert as mosque death toll rises to 305

Bloomberg Egypt raised its security alert to the highest level on Saturday as it emerged that the IS may have been behind a mosque attack in the restive north Sinai in which more than 300 people died, the most lethal single assault in the country’s recent history. Hours after the midday attack on Friday, the military said it launched overnight ...

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Pakistan’s decision to set free alleged terrorist leader draws US criticism

Bloomberg Pakistan’s decision to set free the alleged mastermind of the 2008 attacks in Mumbai drew quick criticism from the US, where President Donald Trump has demanded that Pakistani leaders take tougher action against terrorists. Hafiz Saeed, who allegedly planned attacks in Mumbai in 2008 that left 164 people dead, had been detained at his house in Lahore without charges ...

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