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14023 articles published since 08 Mar 2022

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Asian markets retreat on US rate concerns, oil rallies after attack
Asian markets retreat on US rate concerns, oil rallies after attack

Most equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their rally after an attack on a ship in the Red Sea stoked fresh worries about supplies from the Middle East. Oil prices rose again on geopolitical concerns after a bulk carrier was attacked in the Red Sea, a key waterway for shipping and particularly crude.

'Two Mexicos' prepare to vote amid economic divide
'Two Mexicos' prepare to vote amid economic divide

One runs an aerospace parts maker, the other works in a restaurant near a major new oil refinery -- both women will vote in Mexican elections this weekend, but they could be from different countries. When the refinery was under construction, the restaurant where she works benefited from the arrival of hundreds of construction workers.

IMF lifts China's 2024 growth forecast to 5%
IMF lifts China's 2024 growth forecast to 5%

The International Monetary Fund on Wednesday raised its 2024 growth forecast for China to five percent, citing recent policy moves by Beijing to boost its struggling economy. The IMF on Wednesday welcomed official steps in recent weeks to boost the housing market.

Exxon plays hardball against climate NGOs. Will investors care?
Exxon plays hardball against climate NGOs. Will investors care?

ExxonMobil investors will have a chance to weigh in at Wednesday's annual meeting on the company's hardball approach to the latest shareholder challenge from environmentalists over climate change. ExxonMobil argued that the proposal was the same as one rejected by nearly 90 percent of company shareholders at the 2023 meeting.

Countries at odds over how to reignite pandemic agreement
Countries at odds over how to reignite pandemic agreement

Countries aired stark differences Tuesday on where to go next in trying to strike a global agreement for handling future pandemics, after missing a deadline to finalise a deal. But the negotiations ended last Friday without finalising a deal.

French delicatessen Fauchon bought by Breton biscuit firm
French delicatessen Fauchon bought by Breton biscuit firm

French gourmet food and delicatessen company Fauchon said Tuesday it has been bought out by Galapagos, a Brittany-based biscuit maker. "Eucelia Investments SA, investment company of the Ducros family, has chosen to sell the company to the Tacquard family at the head of the Breton group Galapagos," according to a statement that did not give a value for the deal.

New Caledonia unrest pushes nickel sector deeper into crisis
New Caledonia unrest pushes nickel sector deeper into crisis

Weeks of unrest in New Caledonia have plunged the archipelago's nickel industry, already on government life support, closer to catastrophe, sector representatives say. And although France has lifted a state of emergency across the territory after two weeks of unrest in which seven people died and hundreds were injured, few expect a fast return to normality in the nickel industry.

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