Economy
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Port Talbot: Tata boss calls for subsidies to be greener
The chairman of Tata Steel UK has called for a “level playing field” as it seeks UK government subsidies to…
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Egypt says India is providing credit line in boost to economy in sign of close ties
India is providing Egypt with a credit line of unspecified value, Egyptian Supply Minister Ali El-Mosilhy said, in the latest…
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Turkey’s lira hits new record low
The Turkish lira slipped to a new record low on Monday as investors waited for indications on policy moves after…
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Italians call for national pasta strike as prices skyrocket
When it comes to skyrocketing pasta prices, Italians are crying: Basta! They have had enough after the cost of the…
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UBS completes Credit Suisse takeover to become wealth giant
UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss…
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Saudi Arabia announces billions of dollars in investment deals at Arab-China summit
Saudi Arabia announced on Sunday billions of dollars in investment deals between China and the Arab world, on the first day of…
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Blinken hopes Ukraine offensive a ‘success’ to force Putin to talk
US Secretary of State Antony Blinken voiced hope Monday that a successful offensive by Ukraine would force Russian President Vladimir Putin into…
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Pakistan PM says first discounted Russian crude oil cargo arrives in Karachi
Pakistan’s Prime Minister Shehbaz Sharif on Sunday said the first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad…
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US retail CEOs signal rising alarm as large-scale theft eats away billions in sales
Retail executives are sounding the alarm on in-store shoplifting as theft burns a multibillion dollar hole in their balance sheets.…
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US will buy 3 million more barrels of oil for emergency reserve
The Energy Department announced Friday it planned to purchase 3 million more barrels of crude oil for the Strategic Petroleum Reserve. A…
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