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Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister
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DKSH sells its 25% stake in Swiss luxury watchmaker Bovet
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Russian services activity shrinks for third month running in Dec -PMI
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Oil set to end turbulent 2022 modestly higher
Bahamas regulator holds FTX assets pending delivery to customers, creditors
Date: December 30, 2022
(Reuters) – The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver them to customers and creditors who own them. FTX’s Bahamas unit’s digital assets were transferred to digital wallets under the...
UK’s Sunak to halve support that helps businesses pay fuel bills -The Times
Date: December 30, 2022
(Reuters) – British Prime Minister Rishi Sunak is poised to halve financial support on energy bills for businesses, amid concerns about the cost, The Times reported, without citing sources. Former Prime Minister Liz Truss had announced in September a six-month scheme to subsidise the wholesale price for businesses. UK Chancellor Jeremy Hunt “will announce a...
Southwest cancels thousands more flights; U.S. government vows scrutiny
Date: December 29, 2022
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it canceled thousands of flights, and its boss, Bob Jordan, said the low-cost carrier needed to upgrade its legacy airline systems. U.S. airlines have canceled thousands of flights as a massive winter storm swept over much...
Best Countries To Live In
Date: December 29, 2022
There are many different places on the planet where you can live and enjoy yourself. Amongst these are Norway, France, and Switzerland. Each has its own unique characteristics and appeal. You should consider each of these countries before making your final decision. Norway Norway is one of the best countries to live in for many...
Wall St stocks fall, bond yields rise as China drops quarantine rule
Date: December 29, 2022
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic data at the start of a holiday-shortened week while bond yields rose after China said it would scrap its COVID-19 quarantine rule for inbound travelers. U.S. Treasury yields rose as investors tried...
Oil steady as U.S. output ramps up after freeze, China eases COVID curbs
Date: December 29, 2022
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady after hitting a three-week high on Tuesday as restarts at some U.S. energy plants shut by winter storms offset gains stemming from hopes of a demand recovery as China eases its COVID-19 restrictions. Brent crude was up 41 cents, or 0.5%, at $84.33 a barrel, while...