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Economic growth in the eurozone accelerated in March and hit a 10-month high, according to a closely watched survey published on Friday, despite turmoil in the markets and concerns over banks.The S&P Global Flash Eurozone purchasing managers' ind...
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Troubled Japanese conglomerate Toshiba on Thursday accepted a $15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners, major local media outlets reported.The long-awaited decision follows years of turmoil for the com...
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European stock markets fell at the open on Wednesday after data showed a surprise jump in British inflation and investors awaited a US Federal Reserve interest rate decision.London's benchmark FTSE 100 index fell 0.3 percent to 7,515.89 points while...
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Asian and European markets bounced Tuesday from the previous day's rout, with lenders boosted by easing concerns of another financial crisis, while focus turned to the Federal Reserve's policy decision later in the week.The panic that characterised t...
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The European financial system is "resilient" and has sufficient liquidity, the European Central Bank said Monday, as banking shares plunged following the announcement that UBS would take over troubled rival Credit Suisse."The European banking sector...
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By AFPRussia has found itself in an unequal relationship with China since intensifying its pivot toward Beijing after the assault on Ukraine.Since Western countries imposed sanctions on Moscow, bilateral trade between the two neighbours has reached a...
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By AFPFrance will force Paris rubbish collectors to return to work after a days-long strike against pension reforms has left many streets in the capital piled with stinking waste.Police chief Laurent Nunez late Wednesday informed mayor Anne Hidalgo -...
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By AFPChina urged the United States to stop "unreasonably suppressing" TikTok on Thursday, after Washington gave the popular video-sharing app an ultimatum to part ways with its Chinese owners or face a nationwide ban.The United States and the Europe...
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By AFPBritain on Wednesday unveils a new cost-of-living budget, including more help on soaring energy bills, but the government is set to stand firm on rising public sector pay demands as the country endures a fresh wave of strikes.Finance minister J...
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By AFPThe Lebanese pound sank to a historic low against the dollar on the parallel market Tuesday, the latest sombre milestone in an economic meltdown that has plunged most of the population into poverty.The Lebanese pound, officially pegged at 15,00...
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By AFPThe UK arm of failed US lender Silicon Valley Bank has been bought by HSBC for a nominal £1 ($1.2) in a rescue deal, the government and HSBC announced Monday.The sale, overseen by the Bank of England and the Treasury, comes after SVB collapsed...
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By AFPSaudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.The mostly state-owned energy giant, the world's second most va...
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