Archive for  September 2019
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Southeast Asian stock markets fell on Monday, with Singapore leading declines, after Washington and Beijing put additional tariffs on each other's goods over the weekend, adding to investors' worries over slowing global growth. The United
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London's FTSE 100 surged 1% on Monday, shrugging off news of the latest US-China trade tariffs, as exporter stocks firmed following a slide in sterling on the prospect of an election against the backdrop of
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Cyprus announced Monday it has fully repaid a 2.5-billion-euro ($2.7-billion) loan it secured from Russia in 2011, settling its balance two years early. "A short while ago the Russian loan was fully paid off," Finance
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Tata Steel is to shut a plant in Wales but has agreed to safeguard jobs elsewhere, the Indian giant announced Monday, as it restructures amid the collapse of a mega-merger. Tata, Britain's biggest steel operator,
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Britain's manufacturing activity slumped last month, in part owing to heightened economic and political turmoil triggered by Brexit, data showed Monday. The sector was plagued also by the US-China trade war impacting the global economy,
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Dutch national carrier KLM said it scrapped 28 round-trip flights Monday across Europe after ground staff downed tools in a two-hour strike for higher wages. Airline spokeswoman Manel Vrijenhoek said the move came after a
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France's second-largest airline Aigle Azur went into receivership after filing for bankruptcy Monday, following years of losing millions of euros, France's civil aviation authority (DGAC) said. "The Aigle Azur airline was today placed in receivership,"
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Argentina on Sunday imposed foreign-exchange controls on exporters as it closed out a week of financial uncertainty that saw a sharp drop in the peso. Exporters were ordered to seek permission from the Central Bank
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Dubai's ruler announced Monday the creation of a panel to address a glut in the property market, a key part of the economy but in decline for the past five years. The committee charged with
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Widespread adoption of Facebook's proposed "Libra" cryptocurrency could harm the European Central Bank's ability to manage the eurozone economy and threaten the euro itself, a top official said Monday. Facebook announced Libra in June, promising
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