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Africa/International

GM expected to file IPO Tuesday

General Motors Co has completed the paperwork for an initial public offering, and timing of its filing with the U.S. securities regulators rests with the board of the top U.S. automaker, sources familiar with the process said on Monday.…

Iran offers $3b bonds to fund gasfields

Sanctions-hit Iran will within days offer the first tranche of a three billion dollar domestic bond issue to fund the development of its South Pars gasfields, a top official said on Sunday. Ali Vakili, head of Pars Oil and Gas Company, the…

Japan’s economic growth slows

Japan's economy grew at a much weaker than expected pace and was overshadowed by China in the second quarter, data showed Monday, amid further signs the global recovery is losing steam. With cooling exports and flat domestic consumption…

Russia bans grain exports

Russia has imposed a ban on grain exports until the end of the year, after a severe drought and a spate of wildfires devastated crops. Russia is one of the world's biggest producers of wheat, barley and rye, and the ban is likely to see…