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Business
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Economy
3/27/2023 12:56:56 PM
The chairman of Saudi National Bank, the main shareholder of troubled lender Credit Suisse which was bought out this month, has resigned, a statement said on Monday.
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Business
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Markets & Companies
3/23/2023 2:21:47 PM
Europe's stock markets opened lower Thursday before interest rate calls in Britain, Norway and Switzerland, after the US Federal Reserve hiked borrowing costs despite banking-sector turmoil.
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Business
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Economy
3/21/2023 8:52:41 PM
Stock markets extended gains on Tuesday, with bank shares rallying as fears of a financial crisis eased after authorities moved to shore up the sector.
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World
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International
3/20/2023 12:48:58 PM
Global stock markets sank Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes.
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Business
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Markets & Companies
3/14/2023 12:57:06 PM
Asian markets sank Tuesday, with banks bearing the brunt of the selling on fears of contagion in the sector after the collapse of two regional US lenders.
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Business
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Economy
3/9/2023 6:09:37 PM
Wall Street rose on Thursday but European stock markets fell as investors brace for US jobs data that they fear could prompt the Federal Reserve to ramp up interest rate hikes.
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Business
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Economy
2/13/2023 5:31:46 PM
European and US stock markets rose Monday as investors set aside Asian losses and focused on expectations of slowing inflation in Britain and the United States, dealers said.
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World
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International
2/8/2023 6:23:56 PM
Europe's stock markets rose but Wall Street opened lower on Wednesday as investors digested President Joe Biden's calls for tax hikes and the latest interest rate signals from US Federal Reserve chief Jerome Powell.
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Business
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Economy
1/26/2023 6:12:37 PM
Stock markets rose on Thursday as US data showed the world's top economy grew at a slower pace in 2022 but finished the year on a stronger note.
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Business
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Markets & Companies
1/25/2023 3:05:42 PM
European stock markets slid Wednesday as investors awaited key company earnings and economic growth data in the United States.
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Business
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Economy
1/23/2023 5:51:20 PM
Stock markets headed higher Monday as investors eyed less aggressive US interest rate hikes this year with inflation starting to cool from sky-high levels
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Business
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Economy
1/12/2023 3:25:46 PM
Global stock markets mostly rose Thursday before data that is widely expected to show another softening of US consumer inflation, giving the Federal Reserve room to slow its interest rate hikes.
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Business
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Markets & Companies
1/3/2023 4:59:00 PM
European stock markets started the New Year on a high note on Monday after a rough 2022 but the IMF chief warned that a third of the world economy faces recession in 2023.
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Business
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Economy
12/30/2022 7:17:54 PM
Stock markets were wrapping up their worst performances in years on Friday before heading into 2023 under recession fears following Russia's invasion of Ukraine, high inflation, and rising interest rates.
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Business
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Markets & Companies
12/12/2022 6:22:00 PM
Wall Street pushed higher but European and Asian stock markets dropped Monday as investors looked ahead to interest rate decisions this week from major central banks including the Federal Reserve.
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Business
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Economy
12/7/2022 3:17:41 PM
Major stock markets suffered more selling Wednesday on growing fears that Federal Reserve monetary tightening will tip the US economy into recession.
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Business
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Economy
12/2/2022 5:17:41 PM
Stock markets fell on Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.
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Al-Ahram Weekly
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Egypt
12/1/2022 8:12:00 PM
The Egyptian stock market has been doing healthy business since October’s devaluation.
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Business
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Markets & Companies
11/30/2022 2:34:13 PM
The global inflationary wave and its severe repercussions on the prices of commodities and services in the Egyptian market are the main challenges Fawry and other e-payment and digital finance solutions companies have been facing since the onset of the Russia-Ukraine conflict, Fawry CEO Ashraf Sabry said.
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Business
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Economy
11/24/2022 2:45:53 PM
Stock markets mostly rose Thursday and the dollar largely weakened after minutes from the Federal Reserve's latest policy meeting suggested it could slow the pace of its rate hikes.
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