Economy
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Thomas Cook has approached UK government for bailout funds: Report
Britain’s Thomas Cook Group Plc has approached the UK government for a bailout in an attempt to save itself from…
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Saudi Aramco hires UBS, Deutsche as bookrunners for its IPO: Report
Saudi state oil company Aramco has hired UBS Group and Deutsche as bookrunners for its initial public offering, two sources…
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Kuwait has food reserves to last 4-8 months in case of emergency: state news
Kuwait has strategic foodstuff reserves that can sustain the country for four to eight months in case of emergency, the…
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Lebanese PM talks to Saudi minister about support for economy
Lebanon’s Prime Minister Saad Hariri spoke to the Saudi finance minister on Saturday about support for the Lebanese economy and…
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Turkey turned up heat on banks after standoff over bad loans
Turkey forced banks to take losses on $8 billion in bad loans this week to kick-start lending and boost its…
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Bloomberg reporters on trial in Turkey over economy article
Two Bloomberg reporters went on trial in a Turkish court Friday, facing up to five years in prison over claims…
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Pro-Beijing groups tear down Hong Kong’s protest walls, raising risk of clashes
Groups of China supporters pulled down “Lennon Walls” of anti-government protest messages across Hong Kong on Saturday, raising the possibility…
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Zimbabwe’s currency is collapsing
The Zimbabwean dollar is collapsing against the United States dollar on the country’s black market, as confidence in the local currency…
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Trump says no need for China trade deal before 2020 election
US President Donald Trump on Friday said he was not under pressure to strike a trade bargain with China ahead…
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India cuts corporate tax rates, shares jump five percent
Indian shares jumped almost five percent on Friday after the government announced it was slashing corporate taxes in an effort…
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