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U.S. crude climbs above $116 on geopolitics

SINGAPORE (Reuters) - U.S. crude futures rose to more than $116 a barrel on Thursday, a third straight day of gains, on supply concerns after Russia expressed its displeasure over a U.S.-Poland defence pact.

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U.S. crude climbs above $116 on geopolitics

Asia stocks and dollar slip as oil climbs

HONG KONG (Reuters) - Asian stocks fell on Thursday on gloom about the ability of exporters to weather a widespread economic slowdown, while the U.S. dollar slipped as oil prices rose to above $116 a barrel and halted a rally in the currency.

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Asia stocks and dollar slip as oil climbs

Qantas second-half profit falls

SYDNEY (Reuters) - Australian airline Qantas Airways reported a 2.5 percent fall in second-half profit on Thursday, below analysts expectations, …

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Qantas second-half profit falls

Fannie, Freddie shares dive on bailout fears

NEW YORK (Reuters) - Investors dumped shares of Fannie Mae and Freddie Mac, driving them to their lowest levels in more than 18 years on mounting fears of a government …

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Fannie, Freddie shares dive on bailout fears

Oil up on Russia disruption threat

NEW YORK (Reuters) - Oil prices rose on Wednesday after Russia snapped at a U.S. missile shield agreement with Poland, while a gloomy economic outlook outside the United States helped the dollar resume a march toward 2008 peaks.

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Oil up on Russia disruption threat

EU asks Ryanair to explain cancellations

BRUSSELS (Reuters) - The European Commission has written to Ryanair for information on whether the airline is breaking laws on passenger rights by cancelling up to 500 passenger-flights a day, a spokesman said on Wednesday.

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EU asks Ryanair to explain cancellations

BP says Baku-Ceyhan oil pipeline to resume operations

LONDON (Reuters) - BP said on Wednesday exports of Azeri oil from Turkey should resume next week after repairs to the $4 billion (2.1 billion pounds) Baku-Tbilisi-Ceyhan (BTC) pipeline damaged by a fire two weeks ago.

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BP says Baku-Ceyhan oil pipeline to resume operations

Public coffers get oil boost but outlook grim

LONDON (Reuters) - Bumper tax receipts from North Sea oil companies boosted public coffers in July but a deteriorating underlying picture left the government little hope of meeting its full-year borrowing forecast.

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Public coffers get oil boost but outlook grim

Pound near lows after Bank minutes

LONDON (Reuters) - The pound fell against the dollar on Wednesday after minutes from the Bank of England’s August meeting showed a nervous Monetary Policy Committee split three ways on the direction of interest rates.

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Pound near lows after Bank minutes

Retail sales seen slipping again in July

LONDON (Reuters) - Retail sales are expected to have fallen for the second consecutive month in July as tighter credit conditions and high energy and food costs force consumers to break with their past spendthrift ways.

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Retail sales seen slipping again in July