Economy
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Saudi Arabia reforms investment law in bid to attract foreigners
Saudi Arabia announced new business regulations aimed at boosting transparency and easing the process of investing in the Kingdom as it…
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Olympics: As competition winds down security focus shifted to closing ceremony
As the Olympic competition winds down Sunday, Paris police and security services are shifting their focus to the closing ceremony…
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Italy retains appeal for super-rich new residents despite tax hike
Italy’s doubling of a “flat” tax on the overseas income of wealthy new residents will curb its tax shelter appeal…
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Danes celebrate return of spicy South Korean ramen as ban is partially lifted
Danes in central Copenhagen on Thursday marked the return to supermarket shelves of fiery South Korean ramen noodles that had been…
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Wall St charges ahead as Big Tech relief rally continues
Wall Street’s main indexes advanced on Wednesday, aided by a dovish turn by Japan’s top policymaker after a surprise interest…
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Disney beats quarterly revenue estimates, turns streaming profit
Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business,…
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Russian ruble strengthens against Chinese yuan, weakens against US dollar
The Russian ruble weakened slightly against the dollar but strengthened against the yuan on Wednesday, the first day of increased…
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Some stability returns as stocks rise after collapse but yen remains weak
Stocks rose again Wednesday as some stability returned after a volatile start to the week, while the yen weakened further…
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Maersk sees profits slide after months of Red Sea attacks by Yemen’s Houthis
Danish shipping giant Maersk posted Wednesday a 45-percent fall in net profit in the second quarter, as supply chain disruptions…
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Egypt asks its airlines to avoid Iran airspace for three hours on Thursday
Egypt instructed all of its airlines to avoid Iranian air space for a three-hour period in the early morning on…
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