Business

The countries of the OPEC+ oil alliance will meet again physically about production for the first time since March 2020, when the corona pandemic had just broken out. The meeting at the OPEC headquarters in the Austrian capital…
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British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng will meet with the independent British budget watchdog on Friday. The UK government is committed to reassuring financial markets after days of chaos…
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The central bank of the United Kingdom intervenes in the bond market to bring down the sharply increased yields on British government bonds. It has rapidly become more expensive for the British government to borrow amid concerns…
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Stock markets in Asia showed a mixed picture on Tuesday. According to government data, industrial companies in China are facing declining profits, and the World Bank lowered its growth forecast for East Asia. Stocks in New York…
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Airline EasyJet will invest billions in, among other things, hydrogen technology and more efficient aircraft to reduce CO2 emissions. The budget airline reports this on Monday with the publication of its plan to fly emission-free in 2050.…
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Oil prices fell sharply on Friday, following the sharp price losses in the stock markets. As a result, oil prices are on track for the fourth week of declines in a row. Prices are under pressure from concerns about an economic…
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New York remains the most important financial centre in the world, followed by London. This is evident in the Global Financial Centers Index (GFCI) ranking. Singapore has ousted Hong Kong from third in the ranking, while Moscow has…
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Several major US banks are threatening to leave an alliance led by United Nations climate envoy Mark Carney. There are concerns about legal risks. That reports business newspaper Financial Times citing sources. These include banks…
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