Archive for the October 5, 2019
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European shares ended a tumultuous week on a high note on Friday as data showing modest US jobs growth lifted sentiment slightly, pushing a pan-region index to its best day in more than three weeks.
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A sharp recovery in London's FTSE 100 led by oil majors BP and Shell on Friday was not enough to stop the index from recording its worst weekly performance in nearly a year amid fears
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Hong Kong's wealthiest man will donate more than US$100 million to local businesses, his foundation said Friday, as Asia's once-calm financial hub was roiled by fresh protests. Li Ka-shing's announcement came shortly before the city's
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Sweden wants travel companies to inform customers of the climate impact of long haul trips when advertising or selling tickets, the government said Friday. "The transport sector is the key in the climate transition... but
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India's central bank on Friday cut interest rates for the fifth time this year, putting them at a near-decade low, while it also slashed its growth forecasts as authorities struggle to kickstart Asia's third-largest economy.
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Egypt lowered fuel prices on Friday, the oil ministry said, following several rounds of price hikes as part of an austerity programme that have triggered discontent. The move comes a week after rare protests broke
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Japanese clothing giant Uniqlo on Friday opened its first store in India, one of its largest worldwide, becoming the latest global retailer to plunge into the huge but tough developing market. The South Asian nation,
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The EU is seen likely to remove Switzerland from its grey list of tax havens, according to a document obtained by AFP on Friday. The move will become effective if finance ministers from all 28
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BP said Friday that Chief Executive Bob Dudley, who oversaw the energy giant's response to and recovery from the devastating Gulf of Mexico 2010 oil spill disaster, will leave next year. American Dudley, 64, will
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Canada's trade deficit narrowed to Can $955 million (US $718 million) in August, according to government data released Friday, with exports picking up after two months of decline. The figure was slightly better than what
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