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Google to spend $1 billion on new campus in New York

(Reuters) – Alphabet Inc’s (GOOGL.O) Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America’s financial capital to expand and create thousands of jobs. The 1.7 million square-foot campus, called Google Hudson Square, will include leased properties…

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German union calls strike at Amazon warehouses

An Amazon sign is seen during strike action at an Amazon logistics centre in Werne, Germany, December 17, 2018. REUTERS/Leon Kuegeler DUESSELDORF, Germany (Reuters) – German trade union Verdi called on workers at two Amazon (AMZN.O) logistic centers to strike on Monday, part of a long-running campaign for better pay and conditions.…

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Oil rallies but oversupply, economic growth weigh

LONDON (Reuters) – Oil prices rose on Monday after a key Middle East oil minister suggested the market was rebalancing, but investor sentiment remained under pressure from oversupply and concern over the prospects for global economic growth and fuel demand. A gas station worker pumps fuel into a motorbike at a gas…

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2018: The year volatility came home to roost

NEW YORK (Reuters) – U.S. stocks are down only slightly for 2018, but that masks a volatile year for investors. Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 16, 2018. REUTERS/Lucas Jackson Trade-related tensions between the United States and…

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Indonesia, EFTA sign long delayed free trade deal

JAKARTA (Reuters) – Indonesia on Sunday signed an economic agreement with the European Free Trade Association (EFTA) aimed at increasing trade and investment, concluding almost eight years of negotiations. Under the deal, tariffs and non-tariff barriers would be eliminated for thousands of products traded between Indonesia and the EFTA countries – Switzerland,…

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Motiva preliminarily picked to run Curacao refinery: report

(Reuters) – Motiva Enterprises has preliminarily been chosen by the government of Curacao to operate the 335,000-barrel-per-day Isla refinery, replacing Venezuela’s state-run PDVSA, local media said on Saturday. FILE PHOTO – A general view shows the Isla refinery in Willemstad on the island of Curacao, April 22, 2018. REUTERS/Andres Martinez Casares The…

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