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Iraq's young covet gov’t jobs in headache for economy
Oct 02, 2022
BAGHDAD — Decent salaries and stability are the hallmarks of a job in Iraq's civil service, an institution much coveted by young graduates, even as it starves the private sector and hobbles the economy.The patronage systems that feed the public sector in the oil-rich but war-battered nation are so entrenched that even the outgoing finance minister ...
Google shutting down cloud gaming service Stadia
Oct 01, 2022
SAN FRANCISCO — Google on Thursday said it is shutting down Stadia, the cloud video g ...
Finnair plans 200 jobs cuts
Sep 29, 2022
HELSINKI — Finnish airline Finnair said on Thursday it was opening negotiations to cu ...
Porsche ignites ‘blockbuster’ IPO, defying market turmoil
Sep 29, 2022
FRANKFURT — Luxury sports car maker, Porsche, raced onto the Frankfurt stock exchange on Thursday with one of Europe's biggest listings in y ...
A $3 billion railyway to link Oman, UAE — officials
Sep 28, 2022
DUBAI — A new $3 billion railway is to link Oman's Sohar port with Abu Dhabi, capital of the United Arab Emirates, officials said on Wednesd ...
Lebanon to devalue currency — central bank official
Sep 28, 2022
BEIRUT — Lebanon will weaken its official exchange rate for the first time in more than two decades, a central bank official said, as part o ...
EU sees sabotage in gas pipe leaks
Sep 28, 2022
COPENHAGEN — The EU said on Wednesday that leaks from two Russia-Germany undersea gas pipelines appeared to be "a deliberate act", as Moscow ...
US consumer confidence up again in September — survey
Sep 27, 2022
WASHINGTON — Boosted by rising wages and falling gas prices, US consumers were much more upbeat about the state of the American economy now ...
Equities volatile, pound hits record low
Sep 26, 2022
LONDON — Markets seesawed and the British pound took a beating on Monday as recession fears brought volatility to the markets.Having extende ...
Hong Kong scrapping quarantine for international arrivals
Sep 25, 2022
HONG KONG — Hong Kong announced on Friday it will end mandatory hotel quarantine, scrapping some of the world's toughest travel restrictions ...
TotalEnergies adds $1.5b to Qatar's gas expansion
Sep 24, 2022
DOHA — France's TotalEnergies on Saturday signed a further $1.5 billion investment in Qatar's natural gas production expansion, which comes ...
Markets tumble again as Fed hikes rates, warns more to come
Sep 22, 2022
HONG KONG — Asian and European markets sank on Thursday and the dollar rallied after the Federal Reserve (Fed) unveiled a third straight jum ...
US Fed set to raise interest rates as recession fears mount
Sep 21, 2022
WASHINGTON — The Federal Reserve (Fed) opened its second day of deliberations on Wednesday that were expected to produce another big increas ...

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