MOSCOW (Reuters) – Russia’s finance ministry said on Tuesday it would decrease the volume of deferred foreign currency purchases in the coming month by more than 2-1/2 times to a …
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(Reuters) – Deutsche Bank plans to cut the number of its Postbank branches from around 550 to 300 by mid-2026 as it adapts to changing demand, a spokesperson said in …
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(Reuters) – The capacity of coal-fired power plants in the United States by 2050 will decline by more than half from 2022 levels, as environmental regulations raise costs and new …
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By Rachna Uppal DUBAI (Reuters) – The World Bank has revised its 2023 economic growth projection for the oil exporters of the six-member Gulf Cooperation Council (GCC) downwards to 3.2% …
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BERLIN (Reuters) – German wholesalers can expect sales growth to halve in 2023 after a jump last year fuelled by rising prices, the BGA wholesale and foreign trade association said …
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KYIV (Reuters) – Ukraine’s economy could shrink by 50% this year if Russia keeps attacking the national power grid and other critical infrastructure, Prime Minister Denys Shmyhal was quoted as …
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By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration” in memory chip demand, deepening fears of global recession, and …
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(Reuters) -AMP Ltd on Friday reported third-quarter net outflows at its Australian wealth management unit more than halved due to increased inflows into its flagship online investment platform, North, and …
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BUDAPEST (Reuters) – Hungarian Prime Minister Viktor Orban said on Friday that he has asked the finance minister and the governor of the central bank to at least halve the …
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By Amina Ismail and Maha El Dahan ERBIL (Reuters) – Oil production in the Iraqi region of Kurdistan could almost halve by 2027 if there is no new exploration or …
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BEIJING – China’s new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to …
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(Reuters) – Russia’s Industry Ministry expects car sales to halve in 2022 as the country’s automobile industry grapples with supply issues, a senior official said. “We saw a sharp fall …
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BERLIN – Germany’s economy ministry wants to halve the country’s dependence on Russian oil by the summer and have no Russian hard coal imports by the autumn, Der Spiegel magazine …
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BERLIN – Russia’s war in Ukraine could reduce Germany’s 2022 economic expansion by 2 percentage points, more than halving the growth rate for this year, according to a study published …
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KABUL – The Taliban on Monday warned that it would reconsider its policy towards the United States if President Joe Biden did not reverse his “unjustified” decision to return only …
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By Simon Jessop LONDON – A group of the world’s largest asset owners managing $10.4 trillion said on Tuesday they would step up their response to climate change and aimed …
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By John Revill and Brenna Hughes Neghaiwi ZURICH – Switzerland will halve its quarantine time to five days to help cope with a wave of coronavirus infections that threatens to …
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SHANGHAI – China’s financial futures exchange said on Friday it will halve settlement fees for stock index futures and bond futures trading in 2022. The China Financial Futures Exchange said …
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By Hari Kishan BENGALURU – The rise in U.S. house prices will slow to half its double-digit rate next year but still outstrip increases in consumer prices and wages, according …
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By Vuyani Ndaba JOHANNESBURG – South Africa’s Treasury is on course to halve its consolidated budget deficit following healthy corporate tax collections that were boosted by firmer commodity prices earlier …