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Algeria assets not for sale: Occidental

Bloomberg Occidental Petroleum Corp’s Algerian oil and gas assets are a core holding and will no longer be listed for sale, Chief Executive Officer Vicki Hollub said on a conference call with analysts. In May, Occidental’s proposed sale of its Algerian assets to Total SE was blocked by the North African country, putting further pressure on the shale driller as ...

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How to think about Trump’s Covid orders

Over the weekend, President Donald Trump issued several new executive orders aimed at extending the Covid-19 economic stimulus that has offered some financial relief to millions of Americans. But instead of bringing clarity, the orders have generated a raft of confusion. Are they even constitutional? Will they go into effect? For your convenience, here’s a simple rule of thumb for ...

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Amazon finally finds good fit at mall

Amazon.com Inc might soon be filling online orders from the kinds of shopping centers it has helped destroy. The e-commerce giant, according to the Wall Street Journal, is in talks with mall operator Simon Property Group Inc about setting up fulfillment centres in spaces currently or formerly occupied by JC Penney and Sears, two once-mighty department stores that have filed ...

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