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UAE-Hong Kong trade grows to $10.9bn in 2017

HONG KONG / WAM The total trade between the UAE and Hong Kong increased to $ 10.87 billion in 2017 from $10.59 billion in 2016, according to Hong Kong government statistics, obtained by Emirates News Agency (WAM). The UAE is participating in the Third Belt and Road (BnR) Summit, being held in Hong Kong. Abdullah Al Saleh, Under-Secretary for Foreign ...

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Trump trade threats turn Exxon, Chevron from backers to critics

Bloomberg Big oil is losing faith in President Donald Trump’s pledges to build the US into a self-reliant energy superpower. Top executives from Exxon Mobil Corp, Chevron Corp and Total SA all took shots at Trump’s trade plans at the World Gas Conference in Washington, expressing concern that US tariffs are a risk to oil and gas demand, and that ...

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Baker Hughes to go it alone as GE seeks exit from oil sector

Bloomberg Baker Hughes will emerge from the shadow of parent General Electric Co amid unprecedented turmoil and dislocation in the global oil business. GE’s plan to unload its 62.5 percent stake in the oilfield-services company over the next two to three years will leave Baker Hughes in much the same place it was before the industrial conglomerate absorbed it last ...

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