Stock Market
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Because of reduced sales prices, SABIC’s quarterly net profit declines by 94%.
(Reuters) DUBAI – Saudi Basic Industries Corp. (SABIC), a petrochemicals company, reported on Tuesday that reduced average sales prices were…
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Twitter reduces employment by 10%, according to the NYT.
(Reuters) The New York Times claimed late on Sunday that Twitter Inc (NYSE:TWTR) had fired at least 200 workers, or…
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Inflation is anticipated to increase by more than 30% in February.
Karachi: Analysts predicted on Monday that the Consumer Price Index (CPI) for February 2023 is likely to show an average…
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London court hail in$ 577 million Trafigura nickel case due Friday
LONDON( Reuters)- A London court is due to hold a hail on Friday about a$ 625 million global freezing order…
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BA- proprietor IAG returns to benefit in 2022
LONDON( Reuters)- British Airways- proprietor IAG( LONICAG) on Friday reported mainly bettered fiscal performance for 2022, with operating profit at1.22 billion euros($1.29 billion), and said gains would grow again this time. The results came after IAG agreed on Thursday to pay 400 million…
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Australia stocks advanced at close of trade; S&P/ ASX 200 up0.30
Australia stocks were advanced after the close on Friday, as earnings in the IT, Industrials andA-REITs sectors led shares advanced. At the close in Sydney, the S&P/ ASX 200 added0.30.…
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Japan’s stocks are stronger at the end of trading, with the Nikkei 225 up 1.29%.
Japan’s stocks rose after the close on Friday, driven by advances in the steel, mining, and food industries. The Nikkei…
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SAP appoints an ex-Deloitte executive as a chairman candidate to replace its co-founder.
(Reuters) – Berlin/Frankfurt Former Deloitte CEO Punit Renjen has been appointed as the designated supervisory board chairman to replace co-founder…
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In China, more families are debating whether to purchase a house, and foreclosures are threatening the industry.
(Reuters) – Beijing According to a private poll, the number of Chinese families that opted against purchasing a home increased…
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Goyal of the rate group believes that a real interest rate of around 1% is suitable for the Indian economy.
Mumbai, India (Reuters) – The Reserve Bank of India does not need to keep increasing rates until prices decline because…
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