China overtakes US as EU's biggest trading partner

BRUSSELS (AFP) – China last year overtook the United States as the EU’s biggest trading partner, the EU statistics agency Eurostat said on Monday (Feb 15). Britain meanwhile, which is no longer part of the European Union, was the third-largest…

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US oil breaks US$60 a barrel on supply worries

HONG KONG (AFP, BLOOMBERG) – US oil prices rallied past us$60 a barrel on Monday (Feb 15)  for the first time in more than a year, fuelled by concerns about supplies as Texas, America’s largest shale patch, is hit by a severe cold snap…

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