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Reopened Libyan ports hope ‘foreign staff will return’

  Bloomberg Guards and officials at major ports in Libya’s eastern Oil Crescent say they are hoping foreign workers will soon return as they struggle to build on output gains with meagre resources. The National Oil Corporation (NOC) reopened three ports in the curve of coastline south of Benghazi in September, after the Libyan National Army (LNA) led by Khalifa ...

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China expected to erect higher barriers to fight cash outflow

  Bloomberg As cash continues to flood out of China, expectations are growing that the authorities will erect higher barriers. With the nation’s capital outflows last year estimated at $728 billion by Standard Chartered Plc, and the yuan predicted to continue declining against the dollar in 2017, analysts have been casting forward to what the authorities may do next to ...

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Takata bidders favour Japan bankruptcy move

  Bloomberg Bidders for troubled air-bag maker Takata Corp. are leaning toward a court-mediated bankruptcy in Japan to shield them from liabilities, a move that the company had opposed on concern it would disrupt the supply of replacement parts, according to people familiar with the matter. Takata, which is seeking a sponsor after triggering the biggest safety recall in automotive ...

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