OPEC to Discuss Changing Measure of Success for Supply Cuts

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OPEC to Discuss Changing Measure of Success for Supply Cuts

OPEC and its allies held further discussions about changing the way they measure the impact of their production cuts, including proposals that would affect how quickly they hit their target, according to delegates from the group. One option that OPEC and non-OPEC delegates discussed in Vienna on
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China Is a No-Go Zone for This $23 Billion Investor

Investing in otherwise-attractive Chinese bonds comes with one big, deal-breaking caveat for Joseph Urciuoli at Spectrum Asset Management Inc. — the risk of the government stepping in to declare that you just won't get paid. Urciuoli, head of research at Stamford, Connecticut-based Spectrum, which
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Tencent Profit Doubles But Warns Spending to Weigh on Margins

Tencent Holdings Ltd. said investments in content and technology will weigh on margins after Asia's most valuable company posted quarterly profit that topped projections. Plans by the Shenzhen-based company to keep spending on areas including artificial intelligence and video may weigh on
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Gun-Toting Russian Who Charged Onto a Soccer Field Just Became a Billionaire

The transaction, expected to be completed in the third quarter, would give Savvidi a net worth of $1.7 billion, according to the Bloomberg Billionaires Index. Read more: Japan Tobacco's Russia expansion fails to cheer investors. While ethnically Greek, Savvidi was born in Georgia under Soviet rule.
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Trump Hits Again at Mueller, Invoking Dershowitz's Support

President Donald Trump returned to criticisms of the special counsel investigating Russian election meddling Wednesday, this time quoting Alan Dershowitz on Fox News mounting a vigorous attack on Robert Mueller, saying he never should have been appointed and that there was no evidence of a
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