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  Bloomberg The dollar faced further headwinds as Chinese efforts to stem capital outflows and a rethinking of Federal Reserve intentions conspired to halt the strongest rally in the currency in more than a decade. Gold rose with Treasuries. The greenback weakened a second day after reaching a 14-year high, as a record of Fed deliberations signaled central bankers remain ...

  Bloomberg After a comfortable two-year spell of cheap fuel and no major crises to dampen travel demand, US airlines are in for what looks to be a more turbulent 2017. Buckle up. Seven consecutive quarters of declining jet fuel expenses have come to an end as carriers are likely to report higher bills for the fourth quarter of 2016, ...

  Bloomberg Xiaomi Corp. surpassed $1 billion in annual India revenue two years after selling its first smartphone in the country, as Chinese names begin to dominate the world’s fastest-growing major market at the expense of local players. Xiaomi said it grew shipments by almost 150% in 2016, selling two million smartphones in the third quarter alone. The company had ...

  Bloomberg Coca-Cola Co. was sued by activists who compare the beverage giant’s advertising tactics to the tobacco industry’s past efforts in minimizing the health effects of its products and targeting children to replenish the ranks of its customers. The nonprofit Praxis Project seeks to stop Coke and the Washington-based American Beverage Association (ABA) from deceptive advertising of sugary drinks, ...

  Bloomberg There’s a new leader in the US market for corporate aircraft management, as a merger of the American fleets of BBA Aviation Plc and Gama Aviation Plc elbows aside a unit of Warren Buffett’s NetJets Inc. The deal brings together about 110 US-based aircraft managed by Gama and 90 overseen by BBA, the companies said. While similar in ...

  Bloomberg Deutsche Bank AG is supposed to give relief to subprime mortgage borrowers as part of a $7.2 billion settlement with the US government. It is considering an unusual approach to meeting that requirement: lending money to private equity firms and hedge funds. Germany’s biggest bank, dogged last year by questions about its capital levels, is exploring ways to ...

  DUBAI / Reuters Qatar’s central bank said on Thursday it had sold 1.4 billion riyals ($385 million) of Treasury bills at a monthly auction this week, with yields rising from December’s auction. It sold 750 million riyals of three-month bills at a yield of 1.84 percent, 500 million riyals of six-month at 2.06 percent and 150 million riyals of ...

  Bloomberg Watch out for the unexpected in commodities in 2017. Barclays Plc said raw materials markets from energy to metals face the high likelihood of disruptions, giving a laundry list of possible threats including a default by Venezuela, riots in Chile and a trade war with China. “The new politics of populism and protectionist trade policies have the potential ...

  Bloomberg The world is getting more hazardous for skeptical analysts, the banks that employ them and investors who rely on their published research. Even by the rough-and-tumble standards of emerging markets, Indonesia’s punishment of JPMorgan Chase & Co. this week for a bearish analysis of the nation’s stock market stands out. The country’s finance ministry cut business ties with ...

  Veitshoechheim / DPA “Before I came here I was unemployed for quite a while,” says 26-year-old Anna-Lisa Imkeller, as she stands at a high desk in the workshop of the Farassat Foundation. Her table is covered with post-it notes, pens and papers, the model of a wind turbine stands on a shelf and the wall is covered with large ...