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Mukesh Ambani visited Saudi Aramco's headquarters in Dhahran in February © Reuters

Saudi Aramco in talks to buy Reliance Industries stake


Saudi Arabia’s state energy group is in talks with Mukesh Ambani’s Reliance Industries to buy a minority stake in the Indian company’s refining and petrochemicals business, according to three people familiar with the discussions.

FROM LEFT: BENOIT TESSIER/REUTERS; TATIF/WOSTOK PRESS/FAMOUS/AVALON/ZUMA PRESS; CHRISTOPHE PETIT TESSON/EPA/SHUTTERSTOCK

After Taxing Rescue, France Vows to Restore Notre Dame


hundreds of millions to restore cathedral
By Sam Schechner and Stacy Meichtry
Updated April 16, 2019 7:43 p.m. ET
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PARIS—More than 1,000 people were celebrating Mass inside Notre Dame Cathedral on Monday evening, listening to a Gospel reading while more than 100 feet above their heads, concealed by the famed vaulted ceilings, a canopy of fire was spreading.

PHOTO: SIMON DAWSON/REUTERS

Real Time Economics: Will the Economy Get Another Fiscal Boost?


One of the big unknowns for U.S. economic growth: federal spending. Lawmakers agreed to cap spending in 2011 as part of a bruising fight over raising the debt limit.

Getty Images

Trump welcomes Chinese trade negotiators amid border drama


Washington (CNN) - It could be a make-or-break week for the delicate trade negotiations between the United States and China as they drift further beyond the ambitious 90-day clock set last year by the leaders of the world's two largest economic superpowers.

PHOTO: RAMZI BOUDINA/REUTERS

Algerian President to Resign, Yielding to Protests


Algerian President Abdelaziz Bouteflika will step down as head of this major energy-exporting nation by the end of his term this month, as the ailing leader bowed to weeks of protests demanding his resignation after two decades in office.

CREDIT: Nicolas Asfouri

Treasury yields rise amid strong China data, progress in trade talks


U.S. government debt prices were lower Monday, as investors monitored strong manufacturing numbers out of China.

REUTERS

Brexit: Theresa May vows to stand down if deal is passed


Theresa May has promised Tory MPs she will quit if they back her Brexit deal.

Reuters

IMF chief joins calls for big tech firms to pay more tax


The managing director of the International Monetary Fund has joined the growing clamour to further tax tech firms Google, Facebook and Amazon as part of a wider review of “outdated” global corporation tax rules.

ANDREW MEDICHINI/ASSOCIATED PRESS

Italy Signs Up to China’s Global Infrastructure Plan Despite U.S. Ire


ROME—Italy and China signed an agreement to cooperate on Beijing’s global infrastructure plan, the Belt and Road Initiative, sealing an accord that has alarmed Italy’s U.S. and European allies.

Israeli Prime Minister Benjamin Netanyahu (right) had pressed Donald Trump (left) to formally recognize Israeli control of the Golan Heights. AP

Trump reverses US policy, endorsing Israeli control of Golan Heights


President Donald Trump endorsed permanent Israeli control of the disputed Golan Heights, saying on Thursday that the area seized from Syria in the 1967 Arab war is "of critical strategic and security importance" to Israel.