Economy

A GOI company truck is seen next to fuel pumps at a Cepsa petrol station in Cuevas del Becerro, Spain, November 29, 2021. REUTERS/Jon Nazca/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterOil at 7-year highs fuels…
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TUPELO, Miss. -- A Mississippi-based company that had become one of the largest furniture businesses in the country has laid off nearly its entire workforce. Approximately 2,700 workers, most of whom live in northeast Mississippi, lost…
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The threat of a devastating European ground war hasn’t done much to rattle financial markets so far, but investors still appear likely to snap up traditional safe-haven assets should Russia attack Ukraine, market watchers said.In that…
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Cleveland-Cliffs CEO Lourenco Goncalves discusses the company's earnings results and provides his outlook for the steel industry on 'The Claman Countdown.' The World Trade Organization (WTO) rejected the 2018 tariffs implemented by…
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Gold prices slipped on Friday amid a broader decline in commodities, but the market avoided an even steeper sell-off as Treasury yields dropped and the U.S. Dollar edged lower. Nonetheless, the market was lifted for a second consecutive…
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A leisurely stroll through Antwerp’s diamond district takes only five minutes. Yet through just one sq km in a drab quarter of Belgium’s second city pass 86% of the world’s rough diamonds. Into Antwerp’s nondescript concrete offices…
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Ukraine’s state energy firm said rolling power blackouts would continue across the country on Tuesday, with president Volodymyr Zelenskyy telling Ukrainians that they are consuming more energy than is available and the director of one…
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A complex effort by Ukraine’s allies to deprive Russia of billions of dollars in oil revenue by putting a cap on the price paid for its crude is reaching a crescendo this week.European Union diplomats will meet on Wednesday to try to set…
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MOSCOW, Nov 16 (Reuters) - President Vladimir Putin urged the Russian government on Wednesday to control car prices, as one industry head said Western sanctions could send annual sales crashing to below 1 million for the first time since…
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Mandy Liu, a 21-year-old university student in Beijing, believes that anyone who has lived in China during the pandemic can see that the country’s future is looking increasingly uncertain.Covid restrictions were stifling, and employment…
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