PARIS (Reuters) – France should begin reining in public finances from next year to ensure that debt does not keep piling up, the International Monetary Fund said on Monday. In …
business
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Business News
Manulife gets China approval to take full control of fund business
by Reutersby ReutersBy Selena Li and Samuel Shen HONG KONG (Reuters) – Canada’s Manulife Financial Corp has become the first foreign financial firm to receive regulatory approval in China to take full …
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(Reuters) – Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are yet to see a trough in the momentum of global …
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JAKARTA (Reuters) – Indonesia’s annual economic growth may slow to 4.37% next year partly due to the impact of domestic monetary tightening, the country’s central bank (BI) governor told a …
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Business News
Trump snubs Twitter after Musk announces reactivation of ex-president’s account
by Reutersby ReutersBy Sheila Dang and Helen Coster (Reuters) -Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating …
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Business News
Sovereign investors favour U.S., India as top 2022 investment markets – study
by Reutersby ReutersLONDON (Reuters) – India has emerged as the second most coveted investment market after the United States for sovereign wealth funds and public pensions funds in 2022, according to a …
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US and World News
Kazakh president Tokayev wins 82.45% of votes in snap election – exit poll
by Reutersby ReutersASTANA (Reuters) – Kazakh president Kassym-Jomart Tokayev won 82.45% of votes in Sunday’s snap election, an exit poll carried out by the “Open Society” research institute showed on Monday. Tokayev …
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Business News
Cellnex says inflation has shut down European phone masts market – FT
by Reutersby ReutersMADRID (Reuters) – The European mobile towers market is “pretty much closed” as rising inflation makes it harder for companies to finance new deals and the availability of assets declines, …
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US and World News
Canada imposes new sanctions on Haitian politicians – statement
by Reutersby ReutersOTTAWA (Reuters) – Canada on Friday imposed sanctions on three Haitian politicians, including a former president of the country’s Chamber of Deputies, with Ottawa accusing them of aiding gang leaders …
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Business News
Germany plans to tighten rules for firms highly dependent on China – document
by Reutersby ReutersBy Andreas Rinke BERLIN (Reuters) – Germany’s foreign ministry plans to tighten the rules for companies deeply exposed to China, making them disclose more information and possibly conduct stress tests …
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By Hyunjoo Jin and Sheila Dang (Reuters) -Elon Musk started a Twitter poll late on Friday asking followers to vote on whether to reinstate former U.S. President Donald Trump’s account …
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(Reuters) – Elon Musk posted a poll on Twitter on Friday evening asking users to vote on whether former U.S. President Donald Trump, who was banned from the social media …
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By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to quit the beleaguered social media company following a Thursday deadline …
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Business News
Twitter should convey how it is protecting Americans’ online data: White House official
by Reutersby ReutersWASHINGTON (Reuters) – A White House official said Friday that “this administration believes every company – including social media companies – should take all necessary steps to protect the safety …
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Business News
White House asks Twitter how it protects Americans’ online data – CNN reporter
by Reutersby Reuters(Reuters) – The White House has called on Elon Musk’s Twitter to explain how it is protecting “the safety of Americans’ online data”, tweeted a CNN reporter on Friday. Twitter …
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(Reuters) – Hyundai Motor Co is considering development of additional pickups for the U.S. market, including a “lifestyle” truck, according to Jose Munoz, the Korean automaker’s global president. “I don’t …
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Business News
Musk says Twitter reinstates banned users Griffin, Peterson; no decision on Trump yet
by Reutersby Reuters(Reuters) – Twitter has reinstated the accounts of U.S. comedian Kathy Griffin and academic Jordan Peterson, Elon Musk said on Friday, adding that a decision to bring back former U.S. …
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Business News
FTX’s Sam Bankman-Fried cashed out $300 million during funding spree – WSJ
by Reutersby Reuters(Reuters) – FTX founder Sam Bankman-Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, …
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Department of Justice Press Releases
10 charged in business email compromise and money laundering schemes targeting Medicare, Medicaid, and other victims
by DOJ Pressby DOJ PressATLANTA – The U.S. Department of Justice announced charges against 10 defendants in multiple states in connection with multiple business email compromise (BEC), money laundering, and wire fraud schemes that …
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Business News
EU’s Vestager says Twitter chaos creates opportunity to seek alternatives
by Reutersby ReutersMADRID (Reuters) -The European Union’s antitrust chief said on Friday the tumultuous takeover of Twitter was an opportunity for the public to seek alternatives to the social network, praising though …
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Business News
German employment agency sees no insolvency wave in 2023 – WirtschaftsWoche
by Reutersby ReutersBERLIN (Reuters) – Germany’s federal employment agency does not expect a wave of insolvencies in 2023, with moderate insolvency benefit expenditure, the WirtschaftsWoche magazine reported on Friday. The agency expects …
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US and World News
Top U.S., Chinese trade officials discuss bilateral trade at APEC – U.S. statement
by Reutersby Reuters(Reuters) – U.S. Trade Representative Katherine Tai and Chinese Commerce Minister Wang Wentao discussed bilateral trade in a meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in …
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BERLIN (Reuters) – Germany’s government deficit could reach as high as 3.5% next year, the Spiegel news magazine reported on Friday citing experts from the Finance Ministry. According to their …
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US and World News
Ukrainian experts are working at missile blast site in Poland – Kyiv
by Reutersby ReutersKYIV (Reuters) -Ukrainian experts are already working at the site in the border area of southeastern Poland where a missile killed two people, Ukrainian Foreign Minister Dmytro Kuleba said on …
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Business News
Chile’s GDP posts largest quarterly drop in over 2 years as recession fears grow
by Reutersby ReutersBy Fabian Cambero and Gabriel Araujo SANTIAGO (Reuters) -Chile’s economy shrank in the third quarter at the fastest quarterly rate in more than two years, declining further after a rapid …