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US actively considering waivers on Iran oil sanctions

The United States is “in the midst of an internal process” of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.

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Saudi crown prince says sovereign wealth fund will surpass $600 billion target by 2020

Saudi Arabia’s Crown Prince Mohammed bin Salman said the kingdom’s main sovereign wealth fund (PIF) will surpass its target of increasing its financial clout to $600 billion by 2020, as part of the efforts to wean economy off oil.

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Investors wary of Mexico’s new president’s plans for oil

The revamped Nafta deal has raised the prospect of investment picking up again in Mexico, but foreign investors remain wary of the incoming president’s proposed policies, The Financial Times reports. 

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GE posts best week since 2009 as stock outshines lagging S&P 500

General Electric ended the week up 16.7 percent at $13.18 a share, the stock’s best week in nearly a decade after naming Larry Culp chairman and CEO.

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Investors are wondering if Ryanair chief Michael O’Leary has lost his cost-killing touch

Ryanair is suffering its most turbulent period, beset by strikes, high fuel prices and fiercer competition, The Financial Times reports.

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France raises questions over disappearance of Interpol chief who traveled to China

France is puzzled by the disappearance of Interpol president Meng Hongwei, reported missing after travelling from the country to his native China, and is concerned about threats received by his wife, the Interior Ministry said on Friday.

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Saudi crown prince says IPO for oil giant Aramco will happen by early 2021

Saudi Arabia’s king in waiting says the stock market debut for the kingdom’s oil giant Aramco will go forward by early 2021.

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Einhorn on Tesla: ‘Like Lehman, we think the deception is about to catch up’

Greenlight Capital’s David Einhorn predicts Tesla will report a “large revenue and earnings disappointment” for its fourth quarter.

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David Einhorn dumps Apple on fear of ‘Chinese retaliation against America’s trade policies’

David Einhorn’s Greenlight Capital sold its remaining shares of Apple due to its heightened valuation and his growing fear of Chinese retaliation in response to U.S. tariffs, according to the billionaire’s third quarter letter to investors.

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Here’s the number everyone in the financial markets is obsessing about and why

Wall Street is abuzz this week amid a surge in the benchmark 10-year Treasury note yield. But why should investors care?

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