Beijing strongly opposes US inclusion of Chinese entities on export restriction list
China strongly opposed on Sunday the US inclusion of several Chinese entities on the "entity list of export restrictions" over their ties...
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European stocks post best week in 3 months
European stocks ended the week with strong gains as optimism boosted risk appetite across the world after a slew of US data, but focus...
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Wall Street ends best week of the year as recession fears fade
U.S. stocks ended higher on Friday, extending their biggest weekly percentage gains this year as fears of an economic slowdown eased and...
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Oil prices fall about 2% at end of volatile week
Oil prices fell about 2% at settlement on Friday, little changed for the week as Brent crude fell below $80 a barrel, amid lower investor...
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Harris unveils some aspects of her economic program today
US Vice President Kamala Harris, who has not spoken much about her concrete projects if she wins the presidential election in November,...
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Gold jumps to new record high above $2,500
The price of gold in spot transactions jumped above the $2,500 level per ounce, for the first time in its history, supported by optimism...
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Biden, Harris announce 'historic' price cuts on some drugs
US President Joe Biden and Vice President Kamala Harris announced a "historic" agreement on Thursday to cut prices on 10 major drugs for...
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Iraq switches to profit-sharing in new oil, gas deals
Iraq is making its biggest change in decades to the way it deals with international oil companies in a bid to attract more investment...
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Weak data threatens China's economic recovery
A persistent slump in the property market and weak consumption slowed China’s economic recovery in July, data from the National Bureau of...
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Oil rises on estimates of US crude stocks draw
Oil prices rose in early trade on Wednesday, on estimates of a decline in US crude and gasoline inventories as the market monitors the...
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Paramount to lay off 2,000 employees in the United States
Paramount Global Media Group announced Thursday, during its quarterly results presentation, its intention to lay off 15 percent of its...
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Better than expected.. US inflation falls to 2.9% in July
The annual inflation rate in the US fell in July to 2.9%, which was lower than expectations that it would stabilize at 3%, unchanged from...
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The Egyptian government forms a specialized advisory committee concerned with increasing oil production
The Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, announced today, Tuesday, the formation of an advisory committee...
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Industries Qatar profits up 12% in H1
Industries Qatar’s net profit rose 12% in the first half of this year to about QAR 2.3 billion (about $632 million), despite a decline in...
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UK unemployment rate unexpectedly falls as wage growth slows
The UK unemployment rate unexpectedly fell to 4.2%, while wage growth slowed to its lowest level in nearly two years, official data...
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Jordan's annual inflation rate rises by 1.92% in July
Data from the Jordanian Department of Statistics showed on Sunday that Jordan's inflation rate rose by 1.92 percent year-on-year in July....
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Saudi Arabia’s ACWA Power restructures its debt and ownership in ACWA Gok
Saudi Arabia’s ACWA Power announced that it and its subsidiaries have reached an agreement to restructure the debt and ownership in...
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Egypt.. Widespread controversy after posts about canceling "doctors' secondment"
Posts circulating on social media in Egypt regarding the cancellation of the government secondment of medical school graduates have...
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Wall Street ends week lower despite paring losses
U.S. stocks ended the week lower, but Wall Street pared sharp losses at the start of the week as recession fears eased after...
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Tesla Stops Taking Pre-Orders for Cheaper Cybertruck
Tesla has stopped taking pre-orders for the cheaper version of its $61,000 Cybertruck, while making the $100,000 version available for...
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