Economy
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Oil prices slide more than 1pct as Chinese GDP dents demand hopes
Oil dropped by more than 1 percent on Monday after weaker than expected Chinese economic growth fueled concern over demand…
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Tunisian economy may still get $1 bln loan on condition of IMF support
The European Union could still lend Tunisia’s battered economy 900 million euros ($1.0 billion), an EU official said on Monday,…
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US working with India on investment platform to speed energy transition: Yellen
The United States is working with India to develop an investment platform to lower the cost of capital and increase…
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Kuwait to set up new sovereign fund to develop mega projects and local economy
Kuwait plans to establish a new sovereign fund to develop its local economy, spearhead mega projects, and attract funds from…
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Saudi Arabia’s inflation rate eases in June: Official data
Saudi Arabia’s annual inflation rate eased to 2.7 percent in June from 2.8 percent the previous month, government data showed…
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Turkey increases fuel tax as it bolsters stretched budget
Turkey raised tax on petrol on Sunday to help to fund a 1.12 trillion lira ($42.2 billion) increase to its…
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UK formally signs up to Trans-Pacific trading bloc, as country looks beyond Europe
The UK government on Sunday announced it had formally signed a treaty to join a major Indo-Pacific bloc, as it…
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Closure of Libya’s oilfields cost 340,000 barrels: Oil minister
The ongoing closure of several oilfields in Libya has cost the North African country the production of 340,000 oil barrels,…
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BlackRock assets rise to $9.4 trillion, fueled by bull market
BlackRock Inc.’s assets under management rose to $9.4 trillion as the stock market rallied and investors poured money into the…
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Car maker Nissan recalls almost 700,000 vehicles in Japan
Automaker Nissan announced Friday the recall of 699,000 vehicles in Japan to address a range of defects that also affect more…
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