Business

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Christine Lagarde to Step Down as Chief of European Central Bank

Her departure, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.

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Christine Lagarde to step down as ECB president in February

Her eight-year term at the helm of the powerful monetary authority was set to end in October 2027

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Indonesia eyes hosting the global Year of Creativity in 2027

Indonesia is exploring the possibility of hosting the Year of Creativity 2027 after the Ministry of Creative Economy ...

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AI data center boom faces backlash at US ballot box

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A new wave of electric ferries is here in the US. Some even fly

Replacing diesel-powered ferries with electric vessels could reduce emissions and improve air quality Cutting through New York Harbor in the shadow of the Statue of Liberty, the small white boat we were riding on caught the attention of…

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FTC orders Delta, Uber and others to hand over data on algorithmic pricing

Regulator demands companies explain how and why they charge different prices for the same product or service The Federal Trade Commission (FTC) is demanding some of the US’s biggest airlines, ride-share companies and retailers divulge how…

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It's a 'socialist' bank — and North Dakota Republicans love it

Democratic socialist candidates have held up North Dakota's state-owned bank as a model to emulate.

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From Hitler to India’s farmers: How Great Depression changed lives beyond US

The October 1929 stock market crash in the United States ignited a global economic disaster that resulted in widespread unemployment and business closures. In Germany and India, the crisis led to heightened political unrest and movements…

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Poundland's future hangs in the balance as chain edges towards collapse

Poundland's bosses have filed a notice of intention to appoint administrators to the business.

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Healey's Budget Placates Gilt Markets, Santander Says (Video)

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Japan advisers urge tapping foreign exchange account surplus to fund spending

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Putin highlights trade preferences available to Africa with Russia, EAEU

The EAEU’s unified system of tariff preferences offers African exporters significant benefits when importing goods into the Eurasian market, the Russian President pointed out