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price

Ukraine war food price spikes may push 40 million into extreme poverty-development group

March 18, 2022
Ukraine war food price spikes may push 40 million into extreme poverty-development group - photo licensed by shore news network.

WASHINGTON – Massive price spikes for food and energy sparked by Russia’s invasion of Ukraine will push over 40 million people into extreme poverty, the …

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War-driven price surge undermines Orban’s low-cost energy policy

March 18, 2022
War-driven price surge undermines orban's low-cost energy policy - photo licensed by shore news network.

By Gergely Szakacs BUDAPEST – By extending a cap on retail fuel prices days before Russia’s invasion of Ukraine, Hungarian Prime Minister Viktor Orban has …

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Sugar rush: Russia probes price hikes and ‘unjustified’ shortages

March 17, 2022
Sugar rush: russia probes price hikes and 'unjustified' shortages - photo licensed by shore news network.

– Russia’s Federal Anti-Monopoly Service (FAS) said on Thursday it was conducting “anti-cartel” inspections at major sugar producers following a sharp increase in sugar prices …

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Factbox: Global fuel subsidies ramped up to counter energy price spike

March 16, 2022
Factbox: global fuel subsidies ramped up to counter energy price spike - photo licensed by shore news network.

SINGAPORE – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. …

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LME to resume nickel trading at 1400 GMT, mulls wider price limit

March 16, 2022
Lme to resume nickel trading at 1400 gmt, mulls wider price limit - photo licensed by shore news network.

LONDON – The London Metal Exchange (LME) will resume electronic nickel trading on Wednesday afternoon and is considering hiking its 5% price limit for the …

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Barclays’ VXX price jump drives double-digit gains for volatility arbitrage fund

March 16, 2022
Barclays' vxx price jump drives double-digit gains for volatility arbitrage fund - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK – Days before Thanksgiving, Kris Sidial, a co-founder at volatility arbitrage fund The Ambrus Group, told investors the firm …

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Michael Price, well-known value investor, dies at 70

March 15, 2022March 15, 2022
Michael price, well-known value investor, dies at 70 - photo licensed by shore news network.

NEW YORK – Well-known value investor Michael Price, who ran the firm MFP Investors has died, the firm said in a statement on Tuesday. He …

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Wholesale Price Inflation Reaches Double Digits

March 15, 2022
Wholesale price inflation reaches double digits - photo licensed by shore news network.

Wholesale Price Inflation Reaches Double Digits Harry Wilmerding on March 15, 2022 The Producer Price Index (PPI), which measures the prices suppliers charge businesses and …

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Berkshire Hathaway stock price reaches $500,000

March 14, 2022
Berkshire hathaway stock price reaches $500,000 - photo licensed by shore news network.

By Jonathan Stempel – The share price of Warren Buffett’s Berkshire Hathaway Inc reached $500,000 for the first time on Monday, reflecting the company’s status …

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Joe Biden, White House Begin to Blame All Failures on “Putin Price Hike”

March 14, 2022
Joe biden, white house begin to blame all failures on "putin price hike" - photo licensed by shore news network.

TRENTON, NJ – With gas prices soaring at the pump across New Jersey, you might be wondering why? The same goes with food, energy costs …

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Factbox – Airline hedging and surcharges offset some oil price pain

March 11, 2022
Factbox - airline hedging and surcharges offset some oil price pain - photo licensed by shore news network.

– The price of oil this week surged to its highest point since 2008 after Russia’s invasion of Ukraine, adding to airline costs at a …

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As oil prices soar, U.S. shale, OPEC in no rush to resume price war

March 10, 2022
As oil prices soar, u. S. Shale, opec in no rush to resume price war - photo licensed by shore news network.

By Liz Hampton – U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides …

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Russia to pay a price for Ukraine invasion, says U.S. VP Harris

March 10, 2022
Russia to pay a price for ukraine invasion, says u. S. Vp harris - photo licensed by shore news network.

WARSAW – U.S. Vice President Kamala Harris will discuss issues with Poland that will force Russia to pay a price for its invasion of Ukraine, …

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Oil, commodities price shock could cost over 4% of global GDP, Trafigura says

March 9, 2022
Oil, commodities price shock could cost over 4% of global gdp, trafigura says - photo licensed by shore news network.

By Julia Payne LONDON – Soaring prices of commodities from oil to wheat in the wake of Russia’s invasion of Ukraine could cost the global …

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Europe-wide gas price cap needed to limit soaring costs – Engie CEO

March 9, 2022
Europe-wide gas price cap needed to limit soaring costs - engie ceo - photo licensed by shore news network.

BRUSSELS – A Europe-wide cap on gas prices is needed to respond to soaring prices and contain price volatility in the gas and electricity markets, …

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World Bank official says war-driven oil price hikes to slash growth for big importers

March 8, 2022
World bank official says war-driven oil price hikes to slash growth for big importers - photo licensed by shore news network.

WASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing …

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London Metal Exchange cancels nickel trades after price doubles

March 8, 2022
London metal exchange cancels nickel trades after price doubles - photo licensed by shore news network.

LONDON – The London Metal Exchange (LME) cancelled all nickel trades that took place on Tuesday when prices doubled in a matter of hours and …

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Jet fuel price surge deals heavy blow to fragile air travel recovery

March 8, 2022
Jet fuel price surge deals heavy blow to fragile air travel recovery - photo licensed by shore news network.

By Koustav Samanta SINGAPORE – Global jet fuel prices have surged to near 14-year highs in line with crude oil’s surge on supply shortfall worries, …

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Mallinckrodt Agrees to Pay Nearly $234 Million to Resolve Allegations Related to Price Increases

March 7, 2022
Mallinckrodt agrees to pay nearly $234 million to resolve allegations related to price increases - photo licensed by shore news network.

BOSTON – Pharmaceutical company Mallinckrodt ARD, LLC (formerly known as Mallinckrodt ARD, Inc. and previously Questcor Pharmaceuticals, Inc.), has agreed to pay $233,707,865 as part …

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U.S. Democrats seek $1bln to fight oil, gas, drug price gouging -Schumer

March 7, 2022
U. S. Democrats seek $1bln to fight oil, gas, drug price gouging -schumer - photo licensed by shore news network.

WASHINGTON – U.S. Senate Democrats are seeking $1 billon for the Federal Trade Commission to crack down on companies that gouge consumers in the oil, …

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Japan’s Q4 GDP forecast to revise up, wholesale price gains cloud outlook – Reuters Poll

March 4, 2022
Japan's q4 gdp forecast to revise up, wholesale price gains cloud outlook - reuters poll - photo licensed by shore news network.

By Kantaro Komiya TOKYO – Japan’s economy expanded more than initially expected in the final quarter of 2021, but rising input prices likely kept wholesale …

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U.S. Democrats meet with FTC chief on ‘troubling’ price increases

March 3, 2022
U. S. Democrats meet with ftc chief on 'troubling' price increases - photo licensed by shore news network.

WASHINGTON – U.S. Senate Democrats met on Thursday with Federal Trade Commission Chair Lina Khan to discuss “troubling” price increases in oil, gas, prescription drugs …

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UK services expand at fastest since June despite record price rises – PMI

March 3, 2022
Uk services expand at fastest since june despite record price rises - pmi - photo licensed by shore news network.

By David Milliken LONDON – Price rises in Britain’s services sector last month were the most widespread in more than 25 years as businesses recovered …

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German house price rally to slow but cheap money to keep it running

March 3, 2022
German house price rally to slow but cheap money to keep it running - photo licensed by shore news network.

By Zuzanna Szymanska and Jonathan Cable BERLIN/LONDON – Home prices in Germany’s booming property market look set to rise sharply again in 2022 and, while …

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Many UK services businesses plan record price rises – CBI

March 2, 2022
Many uk services businesses plan record price rises - cbi - photo licensed by shore news network.

LONDON – A record share of firms in Britain’s business and professional services sector expect to raise prices over the next three months as they …

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Who can fix the price tags? U.S. businesses hit by labor shortages, inflation

March 2, 2022
Who can fix the price tags? U. S. Businesses hit by labor shortages, inflation - photo licensed by shore news network.

By Ann Saphir – In the U.S. Midwest one retailer planned to raise prices but did not have enough floor staff to physically change the …

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Biden: dictators who don’t pay a price cause ‘more chaos’ -speech excerpts

March 1, 2022
Biden: dictators who don't pay a price cause 'more chaos' -speech excerpts - photo licensed by shore news network.

WASHINGTON – U.S. President Joe Biden will say on Tuesday that the West was ready for Russian President Vladimir Putin’s invasion of Ukraine and his …

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Fentanyl Street Price Plummets While Country Faces High Prices Under The Biden Administration

March 1, 2022
Fentanyl street price plummets while country faces high prices under the biden administration - photo licensed by shore news network.

Fentanyl Street Price Plummets While Country Faces High Prices Under The Biden Administration Jennie Taer and Harry Wilmerding on February 28, 2022 As Americans face …

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Australia’s home price boom slows, Sydney takes a rare dip

February 28, 2022
Australia's home price boom slows, sydney takes a rare dip - photo licensed by shore news network.

By Wayne Cole SYDNEY – Australian home prices extended their long ascent in February, though Sydney saw the first dip in 17 months as a …

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Brazil’s Vale expects Russia-Ukraine conflict to affect price of nickel, pellets

February 25, 2022
Brazil's vale expects russia-ukraine conflict to affect price of nickel, pellets - photo licensed by shore news network.

– Executives of miner Vale SA said on Friday that Russia’s invasion of Ukraine has led to speculation in the price of nickel, and they …

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Never Knowingly Undersold no more, UK’s John Lewis drops 96-year old price pledge

February 25, 2022
Never knowingly undersold no more, uk's john lewis drops 96-year old price pledge - photo licensed by shore news network.

By James Davey and Aby Jose Koilparambil – British department store retailer John Lewis will this summer abandon the “Never Knowingly Undersold” price pledge it …

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Mexico core price inflation at 20-year high, underscoring central bank challenges

February 24, 2022
Mexico core price inflation at 20-year high, underscoring central bank challenges - photo licensed by shore news network.

MEXICO CITY – Mexican core price inflation in the first half of February climbed to levels not seen in over 20 years, according to official …

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UK retail sales growth slows in Feb, price pressures mount – CBI

February 24, 2022
Uk retail sales growth slows in feb, price pressures mount - cbi - photo licensed by shore news network.

LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron …

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Dubai housing a buyer’s market despite surprise price rise – Reuters poll

February 23, 2022
Dubai housing a buyer's market despite surprise price rise - reuters poll - photo licensed by shore news network.

By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful …

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Russia’s energy minister deems oil price of $55-70/bbl as ‘optimal’

February 22, 2022
Russia's energy minister deems oil price of $55-70/bbl as 'optimal' - photo licensed by shore news network.

MOSCOW – Russia’s Energy Minister considers the oil price of between $55-70 a barrel as ‘optimal’ for the market, according to an interview published on …

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UK manufacturing price pressures highest since 1976 – CBI

February 22, 2022
Uk manufacturing price pressures highest since 1976 - cbi - photo licensed by shore news network.

LONDON – More British manufacturers plan to raise prices in the next three months than at any point since 1976, according to a survey on …

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Kraft Heinz plans more price hikes as sales, earnings beat estimates

February 16, 2022February 16, 2022
Kraft heinz plans more price hikes as sales, earnings beat estimates - photo licensed by shore news network.

By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to …

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Price increases to help Michelin exceed pre-pandemic profits this year

February 15, 2022February 14, 2022
Price increases to help michelin exceed pre-pandemic profits this year - photo licensed by shore news network.

PARIS – Michelin expects this year’s profits to exceed pre-pandemic levels, the French tyre maker said on Monday, as it posted better-than-expected 2021 results helped …

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Biden sees inflation easing this year, touts his drug price plan

February 11, 2022February 10, 2022
Biden sees inflation easing this year, touts his drug price plan - photo licensed by shore news network.

By Steve Holland CULPEPER, Va. – U.S. President Joe Biden on Thursday said he expected inflation to start to ease this year as supply chain …

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Linde sees double-digit 2022 earnings growth, pricing to offset energy price inflation

February 10, 2022
Linde sees double-digit 2022 earnings growth, pricing to offset energy price inflation - photo licensed by shore news network.

By Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected …

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Smurfit Kappa sees further price rises after record earnings

February 9, 2022February 9, 2022

By Padraic Halpin DUBLIN -Smurfit Kappa expects to increase prices further this year to recover high costs after bumper demand and a 19% jump in …

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From Kisses to Kleenex, consumer-product makers plot additional U.S. price hikes

February 4, 2022February 4, 2022
From kisses to kleenex, consumer-product makers plot additional u. S. Price hikes - photo licensed by shore news network.

By Siddharth Cavale and Uday Sampath Kumar – From Hershey to Clorox and Kleenex maker Kimberly-Clark, major consumer-products companies have announced plans to boost U.S. …

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Student budgets may be tested by Cup Noodle price hike in Japan

February 4, 2022February 4, 2022
Student budgets may be tested by cup noodle price hike in japan - photo licensed by shore news network.

(Refiling to remove a redundant full stop in paragraph 11) By Kantaro Komiya TOKYO – Student budgets in Japan may come under pressure after Cup …

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Banks open fixed income front in Europe’s data price battle

February 2, 2022
Banks open fixed income front in europe's data price battle - photo licensed by shore news network.

By Huw Jones LONDON – The price of bond market data has risen by half over the past five years, which could prompt some users …

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Inflation expectations stable, faster price rises may be easing -Fed data

January 31, 2022January 31, 2022
Inflation expectations stable, faster price rises may be easing -fed data - photo licensed by shore news network.

By Howard Schneider and Jonnelle Marte – Data watched closely by the Federal Reserve showed inflation expectations remained broadly anchored through the end of last …

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Oil forward curves signal tight market, supporting price rally

January 31, 2022
Oil forward curves signal tight market, supporting price rally - photo licensed by shore news network.

By Bozorgmehr Sharafedin LONDON – The risk of geopolitical disruption to oil supply at a time of already tight inventories due to the strong post-pandemic …

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Rising geopolitical tension and demand send oil price outlook soaring – Reuters poll

January 31, 2022
Rising geopolitical tension and demand send oil price outlook soaring - reuters poll - photo licensed by shore news network.

By Kavya Guduru – Oil prices will build on a strong start to the year with geopolitical risks to supply complementing a strong demand rebound …

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Murphy administration warns of COVID-19 test kit price gouging

January 14, 2022
Murphy administration warns of covid-19 test kit price gouging - photo licensed by shore news network.

NEWARK – With demand for COVID-19 testing skyrocketing due to the Omicron variant, Acting Attorney General Andrew J. Bruck today announced that the Division of Consumer …

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8,000 Arrested, 164 Killed In Kazakhstan Protest Over Gas Price Hike

January 11, 2022

Thousands of people were arrested and over 150 were killed during the violent protests in Kazakhstan in early January in response to a sudden spike …

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Hospitals Are Getting Away With Ignoring Price Transparency Rules, Experts Say

January 7, 2022

Ailan Evans on January 6, 2022 Many hospitals are not complying with laws requiring them to make their healthcare prices publicly available, according to multiple …

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