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Putin says Russian economy is on the mend
MOSCOW Russia's economic contraction is slowing, capital flight is fading and real wages are starting to recover, President Vladimir Putin said on Friday.Speaking at an annual end-of-year news conference, Putin said the Russian economy was on track to contract by 0.5-0.6 percent this year, while inflation for the whole of
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U.S. extends ZTE reprieve on exports curbs until Feb. 27
HONG KONG Chinese telecoms equipment group ZTE Corp (000063.SZ) (0763.HK) said on Friday it has won a further reprieve to Feb. 27 on export restrictions that were imposed on the company by the U.S. government.In March, the U.S. Commerce Department
Pacific rim leaders scramble for trade options in Trump era
By Rosalba O'Brien and Mitra Taj | LIMA LIMA Leaders of Pacific rim nations scrambled to find new free-trade options on
U.S. hits Credit Suisse, Deutsche Bank with toxic debt penalties
By Michael Shields and Arno Schuetze | ZURICH/FRANKFURT ZURICH/FRANKFURT Credit Suisse and Deutsche Bank have been hit with a combined penalty
