Oil tumbles on supply glut; Wall Street up on G20 comments

Oil prices retreated on Friday amid a global glut, racking up a 20 percent drop for November, while world equity markets were mixed ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping.

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U.S. judge gives preliminary OK to $48 million Volkswagen investor settlement

A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over its excess diesel emissions.

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Oil drops; losses limited by hopes of OPEC, Russia output cut

Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar but losses were limited by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week.

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Trump: 'something could very well come out' of trade talks with China's Xi

U.S. President Donald Trump said on Friday "something could very well come out" of his meeting on trade with Chinese President Xi Jinping on the sidelines of a Group of 20 summit in Buenos Aires, a Voice of America reporter said on Twitter.

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Former Autonomy boss Lynch to fight U.S. fraud charges

The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group.

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GM's CEO to meet U.S. lawmakers next week over job cuts

General Motors Co Chief Executive Mary Barra plans to visit Capitol Hill next week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides said on Friday.

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Progress made on trade component of G20 statement: Argentine minister

Progress has been made on the issue of trade for the final communique of the G20 meeting, Argentine Foreign Minister Jorge Faurie said on Friday.

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Factbox: Tariff wars - duties imposed by Trump and U.S. trading partners

U.S. President Donald Trump has rattled the world trade order by imposing unilateral tariffs to combat what he calls unfair trade practices by China, the European Union and other major trading partners of the United States.

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South Korea Says North Korean Soldier Defects to South

South Korea's military says a North Korean soldier has fled across the countries' heavily fortified border to defect to the South.

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Nigerian Pastors Say Military Being Used as 'Hired Mercenaries' in Attacks Against Christians

During a recent meeting with Nigeria's president, Christian leaders suggested that the country's military is complicit in attacks on Christians.  Violence against Christians in Nigeria has escalated in recent months.  

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