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Investing
Gold Rebounds as Traders Weigh Omicron Against Hawkish Powell
Researchers worldwide are racing to understand the full impact of the strain, first identified in South Africa and detected in countries from the U.K. to Brazil. It has prompted a raft of travel restrictions to curtail its spread, and…
U.S. could adjust timing of oil stockpile release if prices fall -official
WASHINGTON (Reuters) - The Biden administration could adjust the timing of its planned release of strategic crude oil stockpiles if global energy prices drop substantially, U.S. Deputy Energy Secretary David Turk told Reuters on…
Laos to open Chinese-built railway amid fears of Beijing’s influence
Laos will open a $6bn Chinese-built railway on Friday, the biggest public works project in its history, which analysts warn could expose the poor south-east Asian country to financial risk or political coercion from Beijing.The 414km line,…
China’s rising vulnerability to foreign investors
The writer is an independent investment strategist and founder of the online research marketplace ERICFor the first time foreigners have a large enough position in renminbi-denominated securities to influence Chinese monetary policy.…
Latest news updates: Stacey Abrams launches campaign for Georgia governor after narrow 2018 loss
The level of Covid-19 hospitalisations in the US rose during November, ending a two-month run of declines following the country’s summer wave.The increase in hospitalisations has been accompanied by a rise in daily new coronavirus…
Sobering analysis of cyber weapons arms race wins FT/McKinsey book prize
Nicole Perlroth’s sobering investigation into the cyber weapons arms race, This Is How They Tell Me the World Ends, has been named Financial Times and McKinsey Business Book of the Year for 2021.The judges lauded Perlroth’s unprecedented…
U.S. held talks with retailers for economic opportunities in Central America
The talks were specifically focused on El Salvador, Guatemala, and Honduras, under the Dominican Republic-Central America-United States Free Trade Agreement and the discussion was co-chaired by Deputy U.S. Trade Representatives Sarah…
Exclusive-Trump's social media venture seeks $1 billion raise -sources
(Reuters) -Former President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check…
Instagram head to testify before U.S. Senate panel on 'protecting kids online'
WASHINGTON (Reuters) - Instagram head Adam Mosseri will testify on Dec. 8 at a U.S. Senate subcommittee hearing on "protecting kids online," the panel said on Wednesday."This hearing will address what Instagram knows about its impacts on…
Turkey’s finance minister resigns amid plunge in lira
Turkey’s finance minister has resigned and been replaced by a loyalist to President Recep Tayyip Erdogan amid a sharp plunge in the lira.Lutfi Elvan, who was seen as the last remaining voice of economic orthodoxy in the Turkish leader’s…
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