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Business

Airbus Spending Cuts Target 10% Of Non-Industrial Costs

Airbus SE ordered a 10% cut in most non-industrial spending as supply-chain problems and global uncertainty continue to pressure its…

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NextEra Dominion Merger Sets $66.8 Billion Power Deal

NextEra Dominion merger plans would combine NextEra Energy Inc. (NYSE: NEE) and Dominion Energy Inc. (NYSE: D) in an all-stock…

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YMTC IPO Moves Ahead With Pre-Listing Coaching

YMTC IPO plans moved forward after Yangtze Memory Technologies Corp. began China’s pre-listing “tutoring” process, a securities regulator filing showed…

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Uber Delivery Hero Stake Rises To 19.5%

Uber Technologies Inc. more than doubled its Delivery Hero SE stake to about 19.5% of issued capital, making it the…

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Sovereign Debt Tokenisation Talks Begin In Pakistan

Pakistan has begun exploring sovereign debt tokenisation and blockchain-based Naya Pakistan Certificates as part of a plan to modernise capital…

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Yuan Forecasts Raised as Banks See China Gains

Shanghai: Global banks raised yuan forecasts as China’s exports and steadier US-China relations supported currency gains, Reuters reported. The yuan…

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KSE-100 Index Falls as Oil, IMF Worries Hit PSX

The KSE-100 Index fell as much as 2,624.91 points or 1.59%, on Monday as higher global crude prices, rising yields,…

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US Iran Deal Stalls As Brent Tops $111 A Barrel

New York: The US Iran deal remained stalled as Brent crude rose above $111 a barrel and a global bond…

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Oil Prices Rise as Gulf Attacks Hit Markets

Oil prices rose on Monday as fresh Gulf attacks intensified supply fears, with Brent crude up 1.2% at $110.63 a…

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