Economy
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Putin’s war in Ukraine to lop $190 bln off Russian economy in delayed reckoning
Russia avoided an economic debacle in the aftermath of President Vladimir Putin’s war in Ukraine, in what was an opening…
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India’s forex reserves see sharpest fall in more than 10 months
India’s foreign exchange reserves fell the most in more than 10 months on likely dollar sales by the country’s central…
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State-owned Tunisair reports 107 pct annual revenue jump
Revenue at state-owned Tunisair more than doubled last year, a stock exchange filing showed on Friday. The national carrier, which…
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Gulf IPO rush resumes as UAE oil giant ADNOC plans largest deal of 2023
The United Arab Emirates’ national oil company plans to raise $2 billion or more by listing its natural gas business…
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India inflation here to stay, more rate hikes expected: HSBC
A weak winter crop would potentially be bad news for India’s inflation. But a bumper crop won’t make it good…
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India to blacklist developers of green energy projects that miss deadlines
India will blacklist developers of renewable energy projects that fail to hit deadlines as the nation rushes to add vast…
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German airports strike over wages grounds almost 300,000 passengers
A 24-hour strike at seven German airports on Friday was set to affect almost 300,000 passengers as unionized workers press…
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OPEC+ deal will remain in place all year, Saudi minister says
The OPEC+ alliance plans to stick with an oil deal agreed in late 2022 for the rest of the year, Saudi Arabia’s…
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India’s Adani aims to tackle debt deadlines with cash and private notes
Executives of the embattled Adani Group told investors in a call that they will address deadlines to repay debt with…
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Russian government approves sale of IKEA factories: Official
A Russian government commission has approved the sale of Swedish furniture maker IKEA’s factories in Russia to two local buyers,…
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