Economy
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Pakistan govt lifts petrol, diesel prices before visit by IMF mission
Pakistan’s ministry of finance announced on Sunday petrol and diesel prices would rise by 35 rupees ($0.1400) a litre after…
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Adani denies report bankers mulling delay on its $2.5 bln flagship share sale
Adani Enterprises Ltd. denied reports it was mulling delaying or cutting the price of its $2.5 billion share sale after…
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FTX’s Sam Bankman-Fried denies US witness tampering claim
FTX co-founder Sam Bankman-Fried’s lawyer insisted Saturday his client didn’t seek to influence a witness in the US government’s fraud case…
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UAE braces for record number of tourists in February
The UAE’s tourism sector is bracing to welcome a record number of visitors in February, state news agency WAM reported…
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UK airline Flybe stops trading, cancels all flights
British airline Flybe said Saturday it had ceased trading and all flights had been canceled. “We are sad to announce…
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LVMH: Luxury giant’s sales soar despite China losses
The world’s biggest luxury group has reported strong sales driven by the holiday shopping season. LVMH said they experienced a…
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Biden wins deal with Netherlands, Japan on China chip export limit
US President Joe Biden’s administration secured an agreement with the Netherlands and Japan to restrict exports of some advanced chipmaking machinery…
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UK’s Hunt pledges to boost growth but won’t budge on tax hikes
British finance minister Jeremy Hunt will promise on Friday to tackle the country’s weak productivity with post-Brexit finance reforms to boost…
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Adani Group says Hindenburg report is ‘bogus,’ Bill Ackman calls it ‘highly credible’
Companies linked to Indian billionaire Gautam Adani plan a detailed response Friday to a short seller’s report that they labeled…
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Pakistani rupee plunges to all-time low against US dollar
The Pakistani rupee dived to an historic low against the US dollar on Thursday after an exchange cap was lifted…
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