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Oil trader Trafigura profits from growing USA crude exports

  Bloomberg Over nearly 45 years, the oil tanks at Milford Haven on the U.K. west coast have stored dozens of crude varieties: from North Sea Brent to Nigeria’s Bonny Light and almost everything in between. Now, for the first time, they are holding U.S. crude too. Trafigura Group Pte. is using Milford Haven, which can hold about 9 million ...

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Canada Post, unions try one last time to resolve pay, pension row

  Bloomberg Mail service across Canada may stop on Monday if the government-owned postal carrier and unionized workers fail to resolve a dispute over pay and pensions. “Progress is being made” in negotiations between workers and Canada Post, Labor Minister MaryAnn Mihychuk said in a release. Mihychuk said she encouraged the parties to continue discussions beyond tomorrow’s 12:01 a.m. deadline, ...

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Morgan Stanley bond bulls who called Brexit rally turn neutral

  Bloomberg Morgan Stanley, which advised investors to bet on bonds before the U.K.’s vote to leave the European Union sent global debt markets surging, is cooling toward government securities. The bank revised its outlook after yields in the so-called Group of Four — the U.S., Japan, Germany and the U.K. — plunged to records last week. Morgan Stanley, one ...

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Venezuelans cross into Colombia in search of food, essential goods

  Cucuta, Colombia / AFP Thousands of Venezuelans poured across the border into Colombia on Sunday to buy essential goods during a brief opening of the border that’s been closed for nearly a year. After ordering the border closed last August for security reasons, Venezuelan President Nicolas Maduro authorized a maximum 12-hour opening of the pedestrian bridge that connects Tachira, ...

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Abe set for some tough battles after convincing election win

  Bloomberg Japanese Prime Minister Shinzo Abe’s convincing win in Sunday’s election has put him on course to scrape the two-thirds majority needed to press ahead with his long-held ambition of revising the country’s pacifist constitution. He also vowed to take “bold” action on the economy. Here’s a look at what’s on Abe’s plate over the coming months: Constitutional Scrap ...

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Turkey charges 7 more over Istanbul airport attack

  Istanbul / AP Turkish authorities have placed seven more suspects under arrest over the triple suicide bombings at Istanbul’s main airport last month, bringing to 37 the number charged over the attack. Forty-seven people were killed and 200 wounded in the June 28 bombings and gun attacks on Ataturk International Airport which the Turkish authorities blamed on IS extremists. ...

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Syria rebels attack regime held Aleppo districts

  Aleppo/ AFP Syrian opposition fighters launched a major assault on government-held districts of Aleppo city on Monday after the regime severed their only remaining supply route into the city. The multi-front assault was also reported by the Syrian Observatory for Human Rights, a Britain-based monitor. The attack was accompanied by a barrage of rocket fire into the regime-held west ...

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6 killed, 8 missing in China tropical storm

  Beijing / AFP A tropical storm in China left six people dead and at least eight more missing, reports said, after it lashed Taiwan with typhoon-grade winds and rain. Super Typhoon Nepartak brought chaos to Taiwan Friday, forcing more than 15,000 people to flee their homes as part of the island saw its strongest winds in over a century. ...

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US to send 560 more troops to aid Iraq’s anti-IS fight

  BAGHDAD / AFP Pentagon chief Ashton Carter said on Monday that Washington will deploy 560 additional troops to aid Iraq’s fight to retake Mosul from extremists, further deepening US military involvement in the country. The announcement, which will bring the total authorised number of American military personnel in Iraq to more than 4,600, came two days after Baghdad announced ...

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5 more protesters killed in Indian Kashmir clashes

  Srinagar / AFP Five people including a teenage girl were killed in overnight clashes between protesters and government forces in Indian Kashmir after a popular rebel leader was shot dead, police said on Monday, taking the toll to 23. Hundreds more have been wounded in the demonstrations that broke out on Saturday despite a curfew imposed across much of ...

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