The US Treasury Department said Saturday it will play a "leading role" in protecting the global financial system's IT infrastructure. The statement came as a massive wave of weekend ransomware attacks struck banks, hospitals and

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Chile is joining the Asian Infrastructure Investment Bank (AIIB), the Foreign Ministry announced Saturday as President Michelle Bachelet paid a visit to China. Bachelet, on a visit to the multilateral lender's headquarters, said Santiago's membership

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Sri Lanka's government revenue rose 17 percent in the first quarter compared to a year ago, surpassing Colombo's expectations, due to higher tax collection, Finance Minister Ravi Karunanayake said on Sunday. The government raised its

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The Greek government Sunday slashed GDP growth forecast for 2017 as it moved towards submitting new austerity measures, including a wider tax net, for approval by lawmakers. The government lowered the GDP growth target for

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The Dubai government said on Sunday that it had secured $3 billion in long-term financing for the expansion of its airports. The expansion is one of three multi-billion dollar infrastructure projects that the emirate is

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Dubai's Emaar Properties , builder of the world's tallest tower, reported a 15 percent rise in first-quarter net profit on Sunday, broadly in line with analysts' expectations. The developer, in which Dubai's government owns a

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Egypt's largest listed bank, Commercial International Bank, has agreed to sell a further 13.7 percent stake in its CI Capital investment banking arm in two deals, CI Capital CEO Mahmoud Attalla said on Sunday. CIB

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Australia will host diplomats from China, Britain, and dozens of other countries in its tropical north from Sunday, as part of an effort to drum up investment and broaden the economic base of the sparsely

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A cholera outbreak has rapidly spread in Yemen, killing 115 people in two weeks in the impoverished country where hospitals badly damaged by more than two years of war can barely cope. Patients with cholera

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Palestinian president Mahmud Abbas's Fatah party was ahead in most of the West Bank's main cities after municipal elections that highlighted persistent divisions with its rival Hamas, results showed Sunday. Voting took place on Saturday

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