Amazon says will not operate China marketplace site from July 18

Amazon says will not operate China marketplace site from July 18

SAN FRANCISCO/SHANGHAI (Reuters) – Amazon.com Inc on Thursday said it is notifying sellers that it will no longer operate a marketplace nor provide seller services on its Chinese website, Amazon.cn, from July 18. “We are working closely with our sellers …
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Oil prices slip amid ample US output, Brent drifts away from five-month high

TOKYO/SYDNEY (Reuters) – Oil prices dropped on Thursday as the impact of plentiful U.S. production offset a surprise decline in U.S. inventories, leaving international benchmark Brent retreating from a five-month high touched in the previous session.
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Rick Perry Plans His Exit as Trump's Energy Secretary

Energy Secretary Rick Perry is planning to leave the Trump administration and is finalizing the terms and timing of his departure, according to two
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GrainCorp flags 'disappointing' hit to grains business

Takeover target GrainCorp on Thursday reported a $40 million hit to half-year core earnings at its grains business, due to international trade tensions and a severe drought that wilted summer crops. The disruption to grain trading conditions over the six weeks …
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NAB compensation payout to customers to top $1 billion after an extra $749 million set aside

NAB’s compensation bill for customers affected by years of misconduct has now pushed through $1 billion. Key points: NAB’s bill for compensating customers hit by misconduct has hit $1.1b after another $749 million costs were identified; So far only $145 …
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