Author: Ritu

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Asian Stocks Slip On Weak Chinese Data, Fed jitters Persist

Most Asian stocks edged lower on Thursday as weaker-than-expected Chinese inflation data pointed to a sluggish economic recovery in the...

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Shell, Chevron And Petrobras Weigh Guyana Oil Auction Bids -Sources

Guyana’s coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell (LON:RDSa), Petrobras and...

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Gold Prices Mixed, Copper Sinks On Weak China GDP Target

Gold prices were mixed on Monday amid some uncertainty over U.S. monetary policy, while copper prices retreated sharply as major importer...

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Oil Prices Dip, But Eye Positive Week On Chinese Demand Bets

Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates, although renewed...

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Asia FX Muted Amid Fed jitters, Chinese Yuan Outperforms For The Week

Most Asian currencies were muted on Friday amid growing concerns over the path of U.S. monetary policy, while the Chinese yuan was among...

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Merck KGaA Expects 2023 Profit to Slip As COVID Demand Wanes

Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a decline at its electronic chemicals unit and a drop in...

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SpaceX Ready To Retry Launching NASA’s Next Space Station Crew

Elon Musk’s rocket company SpaceX was ready to try again at sending NASA’s next long-duration crew of the International Space...

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Soils of War: The Toxic Legacy For Ukraine’s Breadbasket

When Ukraine recaptured Kherson in November, Andrii Povod returned to find his grain farm in ruins. Two tractors were missing, most of the...

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GM Cutting Hundreds of jobs to Reduce Costs

General Motors Co is cutting hundreds of executive-level and salaried jobs as it looks to cut costs and streamline operations, a person...

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Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists

Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest...

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