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    Defensive stocks top 2019 playbooks

    Reuters . New York | Updated at 12:55am on December 31, 2018

    Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of year-ahead investment recommendations each December, are emerging as top...

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    Trump says ‘big progress’ on possible China trade deal

    Reuters . Washington/Beijing | Updated at 12:52am on December 31, 2018

    US president Donald Trump said on Twitter that he had a ‘long and very good call’ with Chinese president Xi Jinping and that a possible...

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    Italian MPs approve revised budget after EU standoff

    Agence France-Presse . Rome | Updated at 12:51am on December 31, 2018

    Italian lawmakers passed Saturday the populist government’s revised 2019 budget before a year-end deadline, despite complaints from the opposition that it was dictated by Brussels...

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    Prolonged US shutdown threatens to unsettle economy

    Agence France-Presse . Washington | Updated at 12:50am on December 31, 2018

    The paralysis triggered by the US government shutdown could have unexpected consequences, such as muddying economic statistics just as the markets are extremely reactive to...

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    UK trade minister says ‘50-50’ chance Brexit may be stopped

    Reuters | Updated at 12:49am on December 31, 2018

    Britain’s trade minister Liam Fox said there is a ‘50-50’ chance that Brexit may be stopped if parliament rejects the government’s divorce deal with the...

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    UAE regulator evaluating resuming flights by national carriers to Damascus

    Reuters | Updated at 12:48am on December 31, 2018

    The United Arab Emirates’ General Civil Aviation Authority (GCAA) said it is evaluating the possibility of national carriers resuming flights to the Syrian capital of...

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    Cyber attack hits US newspaper distribution

    Reuters | Updated at 12:47am on December 31, 2018

    A cyber attack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major US newspapers, including ones owned by...

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    TPP off with tariffs cut in six nations

    Reuters . Sydney | Updated at 12:46am on December 31, 2018

    A landmark 11-country trade deal, a revamped version of the Trans-Pacific Partnership (TPP), came into force on Sunday with New Zealand’s trade minister hailing the...

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    NBR forms body to examine BIDA proposal on VAT exemption

    Jasim Uddin | Updated at 12:41am on December 31, 2018

    National Board of Revenue has formed a committee to examine a proposal of Bangladesh Investment Development Authority for providing VAT exemption on purchase of all...

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    Vegetables prices go up, fish become scarce

    Staff Correspondent | Updated at 12:39am on December 31, 2018

    The prices of a number of essential commodities went up in the city markets on Sunday due to a supply shortage as transportation remained suspended...