Archive for the August 27, 2019
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European shares stabilised on Monday as trade tensions between the United States and China eased somewhat while potential for a coalition arrangement to form a new government in Rome thrust Italian stocks higher. The pan-European
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The Russian economy ministry has revised a set of key economic forecasts, lowering its economic growth and inflation projections for 2020, the ministry's data showed on Monday. The revision came hours after President Vladimir Putin
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Greek Prime Minister Kyriakos Mitsotakis told parliament Monday the country would end capital controls imposed four years ago amid a historic debt crisis. "Four years after they were imposed, the capital controls are coming to
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Kenya exported its first-ever batch of crude oil Monday, with President Uhuru Kenyatta declaring the shipment of 200,000 barrels a "special moment" in the country's history. The president unfurled the Kenyan flag aboard a tanker
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The Indian government will receive a windfall from the central bank in the current financial year thanks to a much higher-than-expected dividend, allowing Prime Minister Narendra Modi's administration to provide a tottering economy with additional
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German business sentiment deteriorated more than expected in August to hit its lowest in nearly seven years, a survey showed on Monday, in a further sign that escalating trade disputes are pushing Europe's largest economy
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Brazil's balance of payments position with the rest of the world deteriorated sharply in July, central bank figures showed on Monday, as the current account deficit unexpectedly ballooned to $9 billion, the biggest July shortfall
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China's top trade negotiator tried to reduce tensions with the US by calling for a "calm attitude" on Monday, local media reported, as the two countries engage in a fresh round of the tit-for-tat tariffs
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New orders for key US-made capital goods rose modestly in July while shipments fell by the most in nearly three years, pointing to continued weakness in business investment and a slowdown in economic growth early
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US drugmaker Johnson & Johnson faces a potential record $17 billion damages payout Monday when an Oklahoma judge rules whether its aggressive promotion of opioid painkillers was responsible for the state's addiction epidemic. The first
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