Economy
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Cruise giant Carnival UK accused of plan to fire and rehire 900 crew
A leading cruise ship company is being accused of a plan to fire more than 900 staff members if they…
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Turkey’s central bank raises interest rates to 40%
Turkey’s central bank has raised its main interest rate to 40% as part of a concerted campaign to tackle soaring…
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Poverty surging in Iran during ‘lost decade’ of sanctions, says World Bank
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile international oil…
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Oil prices tumble nearly 4pct as OPEC+ meeting delayed
Oil prices tanked nearly 4 percent on Wednesday as OPEC+ producers delayed a meeting on output planned for Sunday, raising…
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Tax burden still at post-war high despite big cut
This Autumn Statement is a significant tax cut both for businesses and for workers, but overall the tax burden remains…
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Oil edges lower on caution ahead of OPEC+ meeting
Oil prices ended near flat on Tuesday after rallying for two sessions, with investors cautious ahead of Sunday’s scheduled OPEC+ meeting, when the…
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Russia to lift remaining export curbs on diesel fuel soon: Novak
Russia will soon lift remaining restrictions on diesel fuel exports, Deputy Prime Minister Alexander Novak said on Wednesday speaking in…
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US to announce global nuclear fusion strategy at COP28
The US will lay out the first international strategy to commercialize nuclear fusion power at the upcoming UN climate summit in Dubai, US Special Envoy on…
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Germany commits €4 bln for green energy in African projects at Berlin summit
The German government pledged Monday to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030, with Chancellor Olaf…
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Oil prices rise on expectations of further OPEC+ supply cuts
Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore…
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