Stories from Reuters
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Oil set to end week near multi-month lows
Market rattled by worries recession can hit fuel demand
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Suzuki says demand strong despite concerns
Suzuki had an order backlog of about 200,000 vehicles in Japan as of the end of June
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Oil falls 3% on US crude build
OPEC+ says it will raise oil output target by just 100,000 bpd
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Indonesia inflation at 7-year high
A Reuters poll had expected a rate of 4.82%. June’s rate was 4.35%
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Crude sinks after weak factory data
Factories across US, Europe and Asia struggled for momentum in July
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Global inflation could be transitory
Price rises have lasted longer, but they have likely peaked
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UK businesses turning away from China
Industry group says shift likely to fuel inflationary pressures
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Oil mixed as concerns offset lower stocks
US economic contraction fuels recession fears that could hit energy demand
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Germany on cusp of recession
“Recession is knocking on the door. That can no longer be ruled out,” said Ifo surveys head Klaus Wohlrabe
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China’s C919 jet nears certification
That would mark a milestone in China’s ambitions to climb up the manufacturing supply chain