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HANOI (Reuters) - As Vietnam’s aviation sector booms and passenger numbers rise at double-digit rates, local upstart Bamboo Airways is embracing what it hopes will be a novel way of standing out in a crowded market: Golf. Competition among airlines in Vietnam has intensified since Bamboo launched in January. Malaysia’s AirAsia Group recently cancelled...
HOUSTON (Reuters) - The marine industry’s January 2020 shift to using very low sulfur fuel oil (VLSFO) to power ships worldwide will launch a one- to five-year disruption in oil and refined products markets, according to a study released Thursday by Boston Consulting Group. The International Maritime Organization (IMO)’s mandated switch will require fuels...
BEIJING (Reuters) - New home prices in China grew at a solid pace in April as Beijing sought to boost economic activity, though rapidly rising prices may prompt some cities to tighten policies to contain a potential bubble. Beijing has repeatedly called on local governments to take more responsibility in keeping the frothy market...
SYDNEY (Reuters) - Oil eased on Wednesday after closely watched data showed a surprise rise in U.S. crude stockpiles, but prices were supported by mounting tensions in the Middle East. Brent crude futures were at $70.90 a barrel at 0100 GMT, down 34 cents, or 0.5%, from their last close. Brent closed up 1.4% on Tuesday.
(Reuters) - Five U.S. men who say they were sexually abused as minors by Roman Catholic priests filed a federal lawsuit in Minnesota on Tuesday against the Vatican, accusing the church of concealing the identities of thousands of predator clergy members. Three brothers and two other men claimed in a lawsuit filed in U.S....
HONG KONG (Reuters) - Huawei Technologies unveiled on Wednesday a new database management system, in a bid to expand its enterprise business and challenge Western rivals such as Oracle Corp in China, amid growing scrutiny over its main telecom business. The move comes amid growing international scrutiny over Huawei’s main telecom equipment business as...
KINIYAMA, Sri Lanka (Reuters) - One person was killed in Sri Lanka on Monday as police fired tear gas at mobs attacking mosques and Muslim-owned shops and imposed a curfew after the worst outbreak of sectarian violence since the Easter bombings by Islamist militants. The April 21 attacks, claimed by Islamic State, targeted churches...
COLOMBO/AHMEDABAD,India (Reuters) - A Sri Lankan software engineer suspected by authorities in Sri Lanka of having provided technical and logistical support to the Easter Sunday suicide bombers was monitored by Indian intelligence agencies three years ago for links with Islamic State suspects, investigators said. Four sources in Sri Lankan investigating agencies said they believed...
Frankfurt (Reuters) - Shares in Bayer were down 6.8 percent in early trade on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. jury verdict against the company over allegations its Roundup weed killer causes cancer. That put the stock at its lowest level in almost...
WASHINGTON (Reuters) - When he ran for president in 2016, Donald Trump delighted crowds with his harsh rhetoric on China. As he runs for re-election in 2020, he is likely to keep talking tough, but the reception - at least in some key states - may not be as euphoric. Trade talks between the...

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