Economy
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Russia to make deeper oil export cuts in December, Russian deputy PM Novak says
Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or more,…
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Dollar curbs weigh on Iraqi citizens’ daily life
In Iraq’s southern city of Basra, Al-Harith Hassan has been struggling to withdraw his salary in dollars for months as…
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Ozempic maker’s obesity-fueled share gains seen slowing after banner year
A frenzy around obesity drugs made Novo Nordisk A/S Europe’s biggest stock-market success story of 2023. Repeating the trick won’t…
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Coal consumption to peak in 2023, but demise of dirtiest fuel to be slow: IEA
Global efforts to boost clean energy and rein in carbon emissions have had a clear impact on coal: consumption of…
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Another Indian airline backed by billionaire heading for closure
Another Indian airline backed by a billionaire is on the brink of shutting down for good, having tried and so…
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GM to lay off 1,300 workers at two US plants
General Motors said on Thursday it is laying off 1,300 workers at two Michigan auto factories in early January. The…
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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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