Economy
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Turkish stocks enter bear market in aftermath of deadly quake
Turkish stocks slumped, closing in a bear market, as the country struggles with the aftermath of two devastating earthquakes, with…
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France’s TotalEnergies posts record $20 billion net profit
France’s TotalEnergies said Wednesday that high oil and gas prices bolstered its net profit to a record $20.5 billion in…
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Israel’s NewMed predicts $15 bln gas boost for sovereign wealth fund
Israel’s NewMed Energy forecast on Tuesday that the country’s nascent sovereign wealth fund will get a 52 billion shekel ($15…
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Adani Green says it’s winning investor backing as profit jumps
Adani Green Energy Ltd., billionaire Gautam Adani’s clean energy arm, insisted it’s won the backing of investors in recent days…
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Saudi Arabia eyes more fixed-rate debt as borrowing costs jump
Saudi Arabia is considering borrowing more in currencies besides the dollar this year as it focuses on refinancing to reduce…
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US company Bed Bath & Beyond moves to raise $1 bln to avoid bankruptcy
Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of…
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UK property investors include Kremlin allies: Report
Almost 52,000 UK properties are owned by anonymous investors, including some “close to the Kremlin,” a report said Tuesday despite…
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Black Eyed Peas frontman Will.i.am speaks at tech conference in Saudi capital Riyadh
Black Eyed Peas frontman Will.i.am spoke to a packed audience at the first day of the LEAP technology conference in…
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Russia’s Lukoil: NORSI refinery operating normally after fire put out
Lukoil’s NORSI refinery was working normally again on Tuesday after a fire was extinguished at its delayed coker unit, the…
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Saudi business confidence hits two-year high as boom in non-oil sector continues
Confidence among businesses in Saudi Arabia’s non-oil sector rose to a two-year high in January, as firms reported strong new…
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