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Category: United States
China Banks Tighten Curbs on Russia After US Sanctions Order
[ad_1] China’s state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow’s war effort in Ukraine, people…
US economy in for another cash boost if congress backs tax deal
[ad_1] WASHINGTON: The US economy is set for an unexpected fiscal boost if lawmakers back a potential deal for US$70bil worth of tax breaks for businesses and families. Congressional negotiators…
News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’
[ad_1] Fed: US Federal Reserve officials are expected to hold interest rates steady at a 22-year high of 5.25 to 5.5 per cent when they announce their latest monetary policy…
Nvidia and Foxconn to build ‘AI factories’ together – BBC News
[ad_1] By Mariko Oi Business reporter 19 October 2023 Image source, Getty Images Image caption, Nvidia chief executive Jensen Huang and Foxconn chairman Young Liu made the announcement together in…
Arctic freeze continues to blast huge swaths of the US with sub-zero temperatures
[ad_1] A fishing shack floats away into Casco Bay during a storm in South Portland, Maine, Saturday Jan. 13, 2024. A record high tide in Maine washed away three historic…
Live news updates from July 18: BBC hires Deloitte to review procedures, Morgan Stanley profits fall
[ad_1] Kremlin appoints Chechnyan official to run Danone Russia Max Seddon in Riga and Polina Ivanova in Berlin Russia has appointed a senior official from Chechnya to run Danone’s assets in…
Global shares fall as growth fears rattle investors – BBC News
[ad_1] 18 May 2022 Updated 19 May 2022 Image source, Getty Images Fears about rising prices and slowing economies have spread to UK and European stock markets following sharp falls…