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EU, Germany reach deal on fossil fuel car phaseout plan
Mar 25, 2023
BRUSSELS — The European Union and Germany on Saturday said they had struck a deal after a dispute over the planned phaseout by 2035 of the sale of cars using fossil fuels.A landmark deal to prohibit new sales of fossil fuel cars from 2035 is key to the bloc’s ambitious plan to become a “climate-neutral” economy by 2050, with net-zero greenhouse gas ...
China holds 'upper hand' in Russian gas exports
Mar 23, 2023
BEIJING — A massive new gas pipeline to China could help reduce Russia's reliance on ...
Google launches ChatGPT rival in US and UK
Mar 22, 2023
SAN FRANCISCO — Google on Tuesday invited people in the United States and Britain to ...
US banking sector 'stabilising' after turmoil — Yellen
Mar 21, 2023
WASHINGTON — The US banking sector is "stabilising" after the recent failures of Silicon Valley Bank (SVB) and Signature Bank rattled the in ...
Bank shares slide despite Credit Suisse buyout
Mar 20, 2023
LONDON — Global bank shares took another beating on Monday despite a UBS takeover of embattled Swiss rival Credit Suisse and actions by fina ...
UBS against the clock in Credit Suisse takeover talks
Mar 19, 2023
ZURICH — UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reas ...
Volkswagen presents new low-price electric car
Mar 18, 2023
HAMBURG — German auto giant Volkswagen on Wednesday unveiled a new budget electric vehicle, as the competition in the EV sector revs up.The ...
World's central banks walk interest rate tightrope
Mar 18, 2023
PARIS — The world's central banks are juggling whether to raise interest rates further in order to reduce inflation, and with the banking se ...
ECB sticks to planned rate hike despite turmoil
Mar 16, 2023
FRANKFURT — The European Central Bank (ECB) stuck to a planned interest rate increase Thursday as it remained laser-focused on battling sky- ...
Meta axes another 10,000 jobs in new round of cuts
Mar 15, 2023
WASHINGTON — Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company's "year ...
Lebanese pound hits historic low of 100,000 to dollar
Mar 14, 2023
BEIRUT — The Lebanese pound sank to a historic low against the dollar on the parallel market on Tuesday, the latest sombre milestone in an e ...
Google lets testers access ChatGPT-style generative AI
Mar 14, 2023
SAN FRANCISCO — Google on Tuesday began letting some developers and businesses access the kind of artificial intelligence that has captured ...
UAE's ADNOC Gas shares surge 19% in $2.5b IPO
Mar 13, 2023
DUBAI — Shares in the United Arab Emirates' ADNOC Gas rose 19 per cent in their first day of trading on Monday in a $2.5 billion initial pub ...

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