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Stricken tanker leaves large oil slick in East China Sea

TOKYO/BEIJING (Reuters) - A burning Iranian oil tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a large oil slick, Chinese media and Japanese authorities said on Monday, as worries grew over damage to the marine ecosystem.

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Oil hovers below 70 highs, clouded by rise in U.S. output

LONDON (Reuters) - Oil hovered below a three-year high near 70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production.

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Airbus wins 2017 order race after last-minute sales spree

PARIS (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing‘s recent lead in the global jet market to win their annual order contest for the fifth year running, but doubts remain over the future of its flagship A380.

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Scores injured as Indonesia stock exchange building lobby floor collapses

JAKARTA (Reuters) - A mezzanine floor overlooking the main lobby of the Indonesian Stock Exchange building collapsed on Monday, injuring scores of people, many of them students, under slabs of concrete and other debris, officials and witnesses said.

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Russia will not support U.S. bid to change Iran nuclear deal: Lavrov

MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov said on Monday Moscow will not support attempts by Washington to modify the Iran nuclear deal.

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Russia will not support US bid to change Iran nuclear deal: Lavrov

MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov said on Monday Moscow will not support attempts by Washington to modify the Iran nuclear deal.

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BOJ Kuroda‘s optimism on economy, price outlook sends yen to 4-month high

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda offered a positive view on the economy and inflation on Monday, sending the yen to a fourth-month high against the dollar on simmering speculation the central bank could withdraw stimulus earlier than expected.

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Russia will not support U.S. attempts to change Iran nuclear deal: Lavrov

MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov said on Monday Moscow will not support attempts by Washington to change the Iran nuclear deal.

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Suicide attack in Baghdad kills at least 25, wounds 63, government says

BAGHDAD (Reuters) - At least 25 people were killed and 63 wounded in a twin suicide bombing in central Baghdad on Monday, the Iraqi health ministry said on its Facebook page.

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Stricken oil tanker leaves 10-mile oil slick in East China Sea: CCTV

TOKYO/BEIJING (Reuters) - The burning Iranian oil tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a 10-mile long oil slick as black smoke continued to billow from the site, Chinese media and Japanese authorities said on Monday.

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Brent crude oil rises to 70 on output cuts, ignores North America rig gains

SINGAPORE (Reuters) - Brent crude oil prices rose to 70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

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Suicide attack in Baghdad kills at least 16, wounds 65: ministry says

BAGHDAD (Reuters) - At least 16 people were killed and 65 wounded in a twin suicide bombing in central Baghdad on Monday, the Iraqi interior ministry said.

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SoftBank considers IPO for Japan wireless unit, said to seek 18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported 18 billion in a move that would accelerate the conglomerate‘s transformation into one of the world‘s biggest tech investors.

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Ford plans 11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to 11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

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End of a chip boom? Memory chip price drop spooks investors

SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co‘s disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.

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Oil near three-year highs on output cuts despite rising North American rig count

SINGAPORE (Reuters) - Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

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SoftBank plans 18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate‘s transformation into a global technology investor.

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Trump says ‘I‘m not a racist,‘ keeps door open for DACA deal

WEST PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump insisted on Sunday "I‘m not a racist" in response to reports that he had described immigrants from Haiti and African countries as coming from "shithole countries."

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Trump says ‘I‘m not a racist,‘ willing to reach deal on DACA

WEST PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump said on Sunday that he is "not a racist" despite reports of his derogatory comments about immigrants from Haiti and Africa, adding that he was "ready, willing and able" to reach a deal to protect immigrants brought to the United States as children.

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Hawaii says lack of adequate fail-safe measures led to false missile alert

HONOLULU (Reuters) - Human error and a lack of adequate fail-safe measures during a civil defense warning drill led to the false missile alert that stirred panic across Hawaii over the weekend, a state emergency management agency spokesman acknowledged on Sunday.

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Softbank plans 18 billion IPO of mobile phone unit this year: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some 18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate‘s transformation into a global technology investor.

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Ford plans 11 billion investment, 40 electric vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to 11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

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Peace efforts can only resume under international mediation: Abbas

RAMALLAH, West Bank (Reuters) - Palestinian President Mahmoud Abbas said on Sunday he would only accept a broad, internationally-backed panel to broker any peace talks with Israel, but did not rule out a U.S. role in such a panel.

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Plane skids off Turkish runway and plunges towards sea

ISTANBUL (Reuters) - A Pegasus Airlines flight skidded off the runway of a Turkish coastal airport and plunged down a steep slope on the edge of the Black Sea, ending up only meters from the water‘s edge.

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