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  Bloomberg China is throwing the world’s leaders a party, and oil bulls may be hit with the hangover. Authorities in the Asian nation have ordered hundreds of factories to curb activity ahead of the Group of 20 summit in Hangzhou in early September, in a bid to ensure blue skies when the red carpet is rolled out. The curtailments, ...

  Bloomberg Indian refiners that have benefited from the scrapping of fuel subsidies still have room to extend their world-beating surge on improving margins and cheap valuations, according to SBI Life Insurance Co. The rally still hasn’t caught up with fundamentals, said Gopikrishna Shenoy, chief investment officer at SBI Life, India’s second-biggest private insurer by assets under management. Indian Oil ...

  Brussels / AFP Eurozone economic activity edged higher in August with few signs that Brexit-linked dangers were yet hurting the European economy, a closely watched survey showed Tuesday. Data monitoring company Markit said the eurozone economy maintained its resilience despite Britain’s shock vote to leave the EU, with a strong showing from France as well as powerhouse Germany. Markit ...

  Frankfurt / AFP Volkswagen AG negotiated through the night to reach an agreement with a rebellious supplier, ending a six-day standoff that halted production of Golf and Passat cars after the parts maker refused to deliver seat and transmission components. Prevent Group will restart deliveries as soon as possible, and Volkswagen’s factories affected will gradually return to normal production, ...

  Ankara / AFP Turkey on Tuesday pounded IS extremists in Syria with new artillery strikes as expectations grew of a major Ankara-backed offensive against the extremists after a deadly suicide bombing on its soil. With tensions flaring on the Turkey-Syria border following the bombing in the nearby city of Gaziantep that left 54 people dead, Turkish howitzers hit extremist and ...

  Bloomberg The UK should avoid any drastic steps to cut corporate taxes, or similar measures, as it prepares to start talks on leaving the European Union, Swedish Prime Minister Stefan Loefven said. The premier of the largest Nordic economy also said the U.K.’s exit from the 28-nation bloc “shouldn’t take longer than necessary.” “But if the UK wants some ...

  Brussels / AFP Turkey said on Monday the Syrian border region must be “completely cleansed” from the IS group, after a weekend suicide bombing in Gaziantep blamed on the extremists left at least 54 dead. In a sign of a key battle to come, Syrian rebel fighters have amassed on the Turkish side of the border in preparation for an ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) has highlighted the attractive investment environment that the UAE and Abu Dhabi offer during its participation at the China Investment Conference 2016, which recently concluded in Shanghai. The conference’s agenda included the discussion of the Chinese Silk Road Economic Belt Initiative and the UAE’s role in its implementation as well ...

  Dubai / Emirates Business Abu Dhabi Airports has installed a new Automated Tray Return System (ATRS) to speed up the process of hand luggage screening at Terminal 3 in Abu Dhabi International Airport (AUH). The new system allows for the processing of more than four times the number of baggage that conventional screening lanes do, reducing screening wait times ...

  Bloomberg China National Chemical Corp. received approval from U.S. national security officials for its takeover of Swiss agrochemical and seeds company Syngenta AG, seen as the biggest regulatory hurdle that the $43 billion acquisition faces. The Committee on Foreign Investment in the U.S. has cleared the transaction, the companies said in a statement on Monday. The deal, expected to ...