Economy
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People trust businesses more than governments, other institutions: Survey
People worldwide are gloomier about their economic prospects than ever before and trust business far more than other institutions like…
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Saudi Arabia’s Flynas looks to expand in overseas units
Saudi Arabia-based carrier Flynas said its board approved establishing local units in two more countries as part of a plan…
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IMF says severe fragmentation could cost world economy up to 7 percent of GDP
A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up…
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French power supplier says 75,000 customers without electricity due to storm
French energy supplier Enedis, a unit of EDF, said on Monday that some 75,000 customers were without power after storm…
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Bitcoin surges above $21,000 amid optimism around inflation
Bitcoin surged over $21,000 on Saturday amid optimism that it may have bottomed and inflation has peaked. The largest cryptocurrency…
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Dubai’s Majid Al Futtaim replaces its chief executive officer
Dubai-based property and retail conglomerate Majid Al Futtaim Holding LLC replaced its chief executive officer Alain Bejjani, who’s led the…
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Thousands of Israelis rally against Netanyahu’s new government
Thousands of Israelis gathered in central Tel Aviv on Saturday night to protest plans by Prime Minister Benjamin Netanyahu’s new government to…
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ExxonMobil: Oil giant predicted climate change in 1970s – scientists
One of the world’s largest oil companies accurately forecast how climate change would cause global temperature to rise as long…
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China’s exports, imports plunge in December on weak global demand
China’s exports shrank sharply in December as global demand cooled, missing their typical year-end bounce, while imports tumbled again as…
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Crypto.com to cut 20 pct jobs as industry rout deepens after FTX collapse
Crypto.com said on Friday it would be reducing about 20 percent of its workforce, as cryptocurrency exchanges face industry-wide challenges…
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