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January 4, 2019 10:48 AM Trump's Withdrawal of U.S. Troops From Syria Will Boost Iran's Fortunes

President Donald Trump’s sudden announcement in December that the U.S. would withdraw troops from Syria came at a time when Washington seemed to finally be developing a strategy to tackle the Syrian conflict that went beyond prioritizing fighting ISIS. It was not Syria that was the focus of this new strategy; it was Iran. While former President Barack 106

January 2, 2019 8:23 AM South Koreans seek Nippon Steel asset seizure in 'forced labor' case

SEOUL (Reuters) - South Korean plaintiffs in a World War Two forced labor court case against Japan’s Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel’s Korean assets, their lawyers said on Wednesday. The application for the asset seizure, if approved by the court, could further strain South Korea’s already frosty bilateral 92

December 11, 2018 7:34 AM U.S. fund Castlelake to buy planes from AirAsia in $800 million deal: sources

SINGAPORE (Reuters) - U.S. private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd (AIRA.KL) for a total price of roughly $800 million, people familiar with the transaction said. The deal underscores the strong appetite of funds to invest in the global aircraft leasing sector, which 97

December 5, 2018 5:50 PM Petrobras unveils plan to boost asset sales, deepwater investment

SAO PAULO/RIO DE JANEIRO (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA (PETR4.SA) plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil. Petrobras intends to make $84.1 billion in investments from 2019 to 2023, above the $74.5 billion 103

November 26, 2018 12:42 AM Venezuela settles $1.2 billion creditor claim to protect Citgo

(Reuters) - Cash-strapped Venezuela settled a $1.2 billion arbitration claim that will protect its crown jewel foreign asset, the Houston-based Citgo Petroleum Corp refining business, from being stripped away by a creditor, according to Canadian court documents. The deal with Crystallex International Corp suspends the Canadian mining company’s push for a court-ordered 86

November 22, 2018 12:49 AM Amazon stops blocking Australians from its U.S. website after backlash

SYDNEY (Reuters) - Amazon.com Inc (AMZN.O) said on Thursday it would stop blocking Australians from shopping on its much larger U.S. site after a customer backlash, dumping an unpopular policy the retail giant had said was necessary to comply with Australian tax law. The abrupt reversal, less than five months after the policy was introduced, is a relief 130

November 21, 2018 1:23 PM Nigeria must not forget value of experience in hunt for AFCON gold

Within a space of three days, Nigeria sealed qualification for the 2019 Africa Cup of Nations, and then began preparations for the competition with an international friendly against Uganda in Asaba. Failure to qualify for the last two editions of the flagship continental tournament since their 2013 title-winning feat has seen almost an entire generation 68

November 19, 2018 7:16 PM Petrobras should focus on oil exploration and production: incoming CEO

RIO DE JANEIRO (Reuters) - The incoming chief executive of Brazilian state-controlled oil company Petroleo Brasileiro SA (PETR4.SA) said in a newspaper interview on Monday that BR Distribuidora (BRDT3.SA), its fuel distribution unit, is not a natural fit for the company and does not generate returns. Roberto Castello Branco told newspaper O Estado de S Paulo 87

November 14, 2018 5:30 PM Penguins trade Carl Hagelin to Kings for Tanner Pearson

Pittsburgh Penguins GM Jim Rutherford had threatened changes if his team's early season tribulations continued. After a loss to the New Jersey Devils on Tuesday night dropped them to 14th place in the Eastern Conference, those changes arrived. The Penguins traded Carl Hagelin, a 30-year-old left wing and a contributor to their back-to-back Stanley Cup wins, to the Los Angeles 68

November 12, 2018 7:55 PM U.N. Security Council set to lift Eritrea sanctions on Wednesday

UNITED NATIONS (Reuters) - The United Nations Security Council is set to vote on Wednesday to lift a nearly decade-old arms embargo and targeted sanctions on Eritrea, diplomats said, after the country’s rapprochement with Ethiopia and thawing of relations with Djibouti. Diplomats, speaking on condition of anonymity, said the 15-member council completed 70