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Palm oil advanced for the first time in four days on speculation that demand for the world’s most consumed vegetable oil may increase ahead of the Muslim fasting month of Ramadan.
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When Turkish Prime Minister Tayyip Erdogan is ushered into the Oval Office today, he’ll press President Barack Obama to do more to help topple Syrian dictator Bashar al-Assad. Erdogan is likely to leave disappointed.
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BlackBerry is counting on growth in emerging markets such as Brazil and Indonesia with a cheaper smartphone and a plan to expand the popular instant-messaging system that helped drive growth in those countries.
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Palm oil tumbled the most in almost two weeks on speculation that exports may decline from Malaysia after the world’s second-largest producer left a tax on shipments unchanged for a fourth month.
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Palm oil advanced to the highest level in more than a month on speculation that stockpiles in Malaysia, the world’s second-largest producer, will remain below 2 million tons for a second month as output growth slows.
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Villagers fell at Syed Qutab Ali Shah’s feet as he emerged from the shrine complex in Pakistan dedicated to his ancestors, seeking blessings they believe can cure the sick or bring prosperity.
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Palm oil inventories in Malaysia, the world’s second-largest producer, probably declined in April to the lowest level in nine months as exports held above production, boosting optimism that prices will rebound.
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Bharti Airtel Ltd., India’s largest mobile-phone operator, will sell a 5 percent stake to the Qatar Foundation Endowment for $1.26 billion after the carrier posted quarterly profit that missed estimates.
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A convicted Indian spy who was on death row in Pakistan has died from head injuries sustained in a jail attack by fellow prisoners, an incident that threatens to further strain relations between the nuclear-armed neighbors.
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Bharti Airtel Ltd., India’s largest mobile-phone operator, posted profit that missed analyst estimates after a weaker rupee raised interest payments and prices for network equipment.