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Bloomberg Major League Baseball (MLB) has signed a 10-year partnership with state-owned Beijing Enterprises Real-Estate Group Ltd. to help grow the sport in China. The partnership, announced this morning, will focus on expanding the number of baseball facilities in the world’s most populous country. The aim is to build at least 20 development centres where Chinese students ages 7 to ...

Bloomberg China’s imports of liquefied natural gas in November surged 53 percent to a record as the nation scrambles to meet fuel shortages amid peak winter demand and government’s drive to cut coal use. LNG imports rose 53 percent from the same month last year to 4.06 million metric tons, according to data posted on the website of the General ...

Bloomberg Oil demand may jump in the new year as US refiners plan to take fewer units offline than last winter, freeing them up to churn out more fuel. Crude unit shutdowns in the first two months of the year are expected to be 35 percent below winter 2017, according to data from Energy Aspects Ltd. March outages are seen ...

RIYADH / REUTERS Saudi Arabia aims to start talks with Washington within weeks on an agreement to allow US firms to participate in its nascent civilian nuclear energy programme, with the first tender expected in 2018, the kingdom’s energy minister said. Saudi Arabia is interested in reaching a civilian nuclear cooperation agreement with Washington, and Riyadh has invited US firms ...

Bloomberg Saudi Aramco is looking for natural gas assets from Russia to East Africa and the US as the kingdom’s state-owned energy giant hunts for ways to meet soaring domestic demand. The comments by Khalid Al-Falih, who’s both Aramco chairman and Saudi energy minister, are a tacit admission Aramco has failed to find enough domestic gas reserves despite years of ...

Bloomberg Pemex’s crude menu has just gotten simpler. If it’s the traditional, heavier Maya you’re after, step right up, but traders with a palate for lighter, sweeter crudes will have to look elsewhere. Isthmus exports fell almost 16 percent in November from the previous month while Pemex stopped sending Olmeca, Mexico’s light- est crude, for a third consecutive month, according ...

Bloomberg North Korea rejected tighter United Nations sanctions aimed at curbing its nuclear expansion, describing the move as an “act of war” and vowing to avenge US sympathisers who approved it. The US “must abandon its hostile policy” towards North Korea, “learn to co-exist” and “wake up from its pipe-dream of our country giving up nuclear weapons,” the Korean Central ...

Bloomberg Serbian President Aleksandar Vucic probably won’t seek a second term, as he intends to complete the work needed to lead his country into the European Union when his mandate ends in 2022. Vucic, who as the leader of the ruling Serbian Progressive Party is the Balkan state’s most powerful politician, said in an interview that he’d announce proposals to ...

Bloomberg Poland defied the European Union’s unprecedented call for member states to punish it for failing to uphold the bloc’s values, signing into law a judicial overhaul that puts the country at risk of economic sanctions and losing its voting rights. President Andrzej Duda announced the decision, hours after the European Commission said the government in Warsaw posed a threat ...

Bloomberg Peruvian President Pedro Pablo Kuczynski survived a pell-mell impeachment effort over allegations that he lied about dealings with Brazilian construction company Odebrecht SA, which is at the center of the biggest corruption scandal in Latin America’s history. After a congressional session that lasted more than 13 hours, lawmakers in the opposition-dominated chamber fell short of the two-thirds majority needed ...