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Chinese firms face competition to maintain role in developing Iranian oilfields
DUBAI Iran plans to ask international oil companies to bid for the second phase of development of its Yadavaran and North Azadegan oilfields, a senior official said on Saturday.That means Chinese firms China National Petroleum Corp (CNPC) [CNPET.UL] and Sinopec (0386.HK), which have played a leading role in developing the
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Mexican banks cut credit card exposure on Trump, rate risks
By Natalie Schachar | MEXICO CITY MEXICO CITY Some Mexican banks are lowering credit card spending limits and raising consumer lending
U.S. consumer spending rises solidly; inflation firming
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending rose solidly in December as households bought motor vehicles and a range
PPG chief snubbed by Akzo during Netherlands visit
AMSTERDAM A team of executives from U.S. paint maker PPG (PPG.N) left the Netherlands on Friday without meeting their counterparts at Akzo Nobel during a two-day charm offensive to win support for their proposed takeover of their Dutch rival.PPG's public