Economy
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China’s economy forecast to slow sharply in 2024, recovery ‘fragile’: World Bank
China’s economy grew at a 5.2 percent pace in the first three quarters of the year and showed signs of…
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Russia’s Putin faces speechless moment after being confronted with his AI ‘double’
Russian President Vladimir Putin appeared briefly lost for words on Thursday when confronted with an AI-generated version of himself. The…
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Oman wealth fund eyes IPO spree after record listing
Oman Investment Authority is gearing up for an ambitious divestment plan that may include several dozen listings over the next…
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Interest rates: Too early to speculate about cut, says Bank boss
It is “too early” to speculate about when UK interest rates will be cut, according to the governor of the…
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Federal Reserve signals interest rate cuts next year
The US central bank has signalled it could start cutting interest rates next year if inflation continues to fall. Forecasts…
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Saudi energy minister says Riyadh backs COP28 deal, praises flexible approach
Saudi Arabia’s energy minister Prince Abdulaziz bin Salman said on Wednesday that Riyadh supported the final COP28 deal as it leaves countries…
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EU backs rules to improve gig workers’ conditions
The European Parliament and EU member states struck a landmark deal on Wednesday to strengthen conditions for those working through…
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Lucid has assembled almost 800 cars in Saudi plant, focused on training: VP
Lucid Group has assembled almost 800 cars in its Saudi Arabian factory since its opening, with its main focus on…
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Dove and Marmite maker Unilever faces investigation over green claims
Dove soap and Hellmann’s mayonnaise maker Unilever is being investigated over its environmental claims, amid concerns shoppers are being misled.…
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Dubai unveils new investment fund with billions in state-owned assets
Dubai is setting up a new fund to drive investments in strategically-important projects, adding to a constellation of state-backed wealth…
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