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U.S. refiners face severe labor shortage for deferred maintenance

(Reuters) – After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 – but facing a severe labor shortage that could delay work, drive up costs and raise accident risks.

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U.S. refiners face severe labor shortage for deferred maintenance

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Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge

By Richard Cowan PALM BEACH, Fla. (Reuters) – U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp. SoftBank holds stakes in both companies and its chief, billionaire…

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Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge

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Scotland says to unveil single market Brexit plan this week

Scotland will publish proposals this week for how it can remain in the European single market after Britain leaves the European Union in order to avoid the “national disaster” of a “hard Brexit”, the Scottish government said on Sunday. While the United Kingdom as a whole voted to leave the EU in the June 23 referendum, Scotland strongly backed remaining in the bloc. “In line with …

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Scotland says to unveil single market Brexit plan this week

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Targeting U.S. automaker signals possible China retaliation over Trump talk

By Arshad Mohammed, Matt Spetalnick and Benjamin Kang Lim WASHINGTON/BEIJING (Reuters) – China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate …

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Targeting U.S. automaker signals possible China retaliation over Trump talk

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U.S. retailers push deals early as Black Friday loses focus

With sales on Black Friday slipping, U.S. retailers are offering pre-Thanksgiving deals even earlier than in recent years to draw shoppers as the day after no longer marks a spending peak at brick-and-mortar chains. Many retailers have started opening their stores on Thanksgiving evening to boost customer traffic and sales. Wal-Mart has already said it will increase inventory by more than half this year and make deals typically reserved for

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U.S. retailers push deals early as Black Friday loses focus

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Federal Reserve finalizes lower dividend for member banks

The U.S. Federal Reserve finalized a reduction of its dividend payments on Wednesday, carrying out a measure Congress passed last year to help pay for the country's roads and bridges. The transportation bill approved in December lowered the rate for dividends the Federal Reserve pays its member banks.

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Federal Reserve finalizes lower dividend for member banks

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As Trump disses TPP, China says to ‘play role’ in Asia-Pacific integration

China will “play its role” in promoting economic integration in the Asia-Pacific, the foreign ministry said on Wednesday, after U.S. President-elect Donald Trump said he would kill an ambitious regional trade pact. Trump's statement appeared to open the way for China to assume the United States' leadership mantle on trade and diplomacy in Asia.

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As Trump disses TPP, China says to ‘play role’ in Asia-Pacific integration

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Sneakers show limits of trade policy in reviving jobs for Trump

Consider the sneaker industry, one of the first to move to Asia because of the sharply lower cost of production in China and Vietnam. Nike Inc and its smaller, privately held rival New Balance Shoes Inc split over the question of whether the United States should back the Trans Pacific Partnership (TPP) trade deal.

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Sneakers show limits of trade policy in reviving jobs for Trump

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China says concerned about EU protectionism on steel imports

China is greatly concerned about the European Union's protectionist measures against Chinese steel products, the commerce ministry said on Saturday. The ministry was responding to the EU's latest decision to take temporary anti-dumping measures against imports of Chinese seamless steel pipes, based on preliminary

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China says concerned about EU protectionism on steel imports

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TomTom targeting deals with U.S. automakers

TomTom has benefited from the formation of the rival Here consortium as automakers not involved in it are keener to do business with the independent mapping operator, its chief executive said on Friday. While its success in winning automotive customers remained “lumpy”, TomTom is focused on winning customers in the United States, …

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TomTom targeting deals with U.S. automakers

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