Economy

With al-Assad gone, Syrian pound starts to recover

The Syrian pound has begun to recover against the dollar after Bashar al-Assad’s ouster, moneychangers and traders said Monday as foreign…

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Bitcoin surges to record high of above $106,000

Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a…

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US Fed expected to cut rates in last meeting of Biden era

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday…

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Fires at Libya’s Zawiya refinery brought under control, NOC says

Fires that broke out in a number of reservoirs in Libya’s Zawiya refinery have been brought under control, Khaled Abulgasem…

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Egypt inaugurates $500 million solar power plant in Aswan

Egypt inaugurated a $500 million solar plant in the southern city of Aswan on Saturday as part of its push…

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OpenAI fires back at Elon Musk bid to block for-profit conversion

OpenAI asked a federal judge in California on Friday to reject a request by billionaire Elon Musk to halt the ChatGPT maker’s…

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Syrian currency firms against US dollar after al-Assad’s fall

The Syrian pound has strengthened against the US dollar by at least 20 percent over the past two days amid…

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Adidas headquarters raided in years-long tax investigation, company says

Authorities raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday.…

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Syria bound oil tanker with Iran crude U turns after al-Assad’s downfall

An oil tanker laden with Iranian crude and heading toward Syria made a U-turn after the regime of Bashar al-Assad was…

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Air passenger numbers to exceed five billion in 2025: IATA

Air passenger numbers are forecast to exceed five billion for the first time next year, with the sector’s revenues expected…

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