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EU ministers agree on farm subsidies reform |
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European Union (EU) agriculture ministers managed to reach an agreement Thursday on an overhaul of the 27-nation bloc's controversial farm subsidies, following marathon talks. |
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"Everyone had to deliver sacrifices ... But every member state can go back and say they achieved something in the negotiations," EU Agriculture Commissioner Mariann Fischer Boel told a news conference early Thursday. |
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"I am very happy we made it without changing the basic instruments of the original proposa ... |
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Turkey joins natural gas exploration in Iraq |
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Turkey will explore natural gas in Iraq together with multinational energy company in the near future, the semi-official Anatolia news agency reported Thursday. |
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Turkey's Petroleum Corporation (TPAO), the Petroleum Pipeline Corporation of Turkey (BOTAS) and Shell Energy Europe signed a preliminary contract to explore, manage, transport and market natural gas in Iraq, said the report. |
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The agreement enables transportation of natural gas to Turkey and Europe after meeting the domesti ... |
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Rolls-Royce to cut up to 2,000 jobs next year |
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Aircraft engine manufacturing giant Rolls-Royce Group Plc has announced plans to cut around 1,500 to 2,000 jobs worldwide next year. |
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The decision was made after reviewing the possible impact of current economic uncertainties, delays on individual programs, such as the Airbus A380 and the Boeing 787, and the benefits of the company's continuing focus on efficiency, the manufacturer said in a news release Thursday. |
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"These reductions account for around four percent of the total work ... |
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