BRASILIA -Brazil’s government announced on Monday a new 10% reduction in the tax rate for import goods on a large part of products purchased abroad, aiming to reduce inflationary pressures. …
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SAO PAULO -The Brazilian Air Force has decided to cut its order for Embraer SA’s KB-390 military cargo planes to 15 aircraft from 22 previously, according to a report from …
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By Eric Onstad LONDON – EU policymakers have launched a drive to restart domestic output of magnesium, used in aluminium and steel products, with at least three firms working on …
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By Krishna N. Das and Aftab Ahmed NEW DELHI – Surging inflation is forcing many poor Indians to rein in spending, threatening a slowdown for companies such as Godrej Appliances …
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By Rachel Savage and Promit Mukherjee LONDON/JOHANNESBURG – A digital rand in South Africa could cut the high cost of cross-border payments for banks but its introduction is still a …
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BLM Cut Massive Checks for Co-Founder’s Brother, Father Of Her Child Harold Hutchison on May 17, 2022 Black Lives Matter paid hundreds of thousands of dollars to the brother of …
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By Nqobile Dludla JOHANNESBURG – South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rand ($187 million) in the next three years and …
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By Tatiana Bautzer NEW YORK – Investors have been reducing valuations of Latin American startups during the global stock market rout and in an environment of higher interest rates, said …
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New Ad Claims Biden Can Cut Gas Prices By 30 Cents Per Gallon ‘With The Stroke Of A Pen’ Thomas Catenacci on May 9, 2022 A fossil fuel industry group …
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(Reuters) -Russia’s weekly inflation rate eased in late April, data from statistics service Rosstat showed on Friday, confirming an easing of crippling price pressures days after the central bank cut …
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By Jonathan Saul LONDON – Western ship insurers are terminating cover for Russia’s leading shipping company Sovcomflot as multiple sanctions start to bite, companies involved say, adding to the growing …
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MADRID – Spain’s economy expanded 0.3% in the first quarter from the second, preliminary data showed on Friday, slowing down from 2.2% in the previous three months as Russia’s invasion …
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By Florence Tan and Muyu Xu SINGAPORE – Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after benchmarks slumped from records in …
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SHANGHAI – Global investment houses have rushed to cut their yuan forecasts as China’s currency heads for its worst month in decades, with optimism souring amid a domestic economic slowdown …
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AMSTERDAM – Amsterdam’s Schiphol airport has asked airlines to cancel flights over the weekend to avoid chaos due to overcrowding at Europe’s third busiest airport, it said on Thursday. The …
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By Joey Roulette and David Shepardson WASHINGTON – U.S. Senator Bernie Sanders asked lawmakers to delete language from a bill that would fund development of a new lunar lander for …
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Russia To Cut Gas Supplies To Poland, Bulgaria Thomas Catenacci on April 26, 2022 Russia is reportedly planning to halt all natural gas pipeline flows to Poland and Bulgaria, a …
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(Reuters) – Canopy Growth Corp said it would lay off about 250 employees as part of a cost-cutting plan as the Canadian pot producer tries to achieve long-elusive profitability. Most …
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(Reuters) – Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 9% of its full-time employees, sending its shares down 5% in extended trade. The …
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By Alexandra Valencia QUITO – Ecuador could reduce this year’s fiscal deficit more than it predicted, if crude prices remain high and it is able to sell a state-owned bank, …
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By Francesco Guarascio and Kate Abnett BRUSSELS – The European Union is considering options to cut imports of Russian oil as part of possible further sanctions against Moscow over its …
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(Reuters) – Nektar Therapeutics said on Monday it would lay off about 70% of its workforce, or more than 500 employees, after stopping the development of its key cancer drug …
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(Reuters) – Ukraine’s military command said on Monday that Russia was trying to bomb Ukraine’s rail infrastructure in order to disrupt arms supplies from foreign countries. “They are trying to …
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BERLIN – Around 40% of German companies are already feeling the impact of rising energy prices and almost half want to reduce investments due to rising energy costs, a survey …
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SHANGHAI – Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters. The planned …