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By Mohamed Ezz and Valerie Volcovici ALEXANDRIA, Egypt/BAKU (Reuters) – Black mud coats streets and collects on rooftops within the neighbourhood adjoining a sprawling cement manufacturing facility within the Egyptian metropolis of Alexandria. Activists and native residents accuse the plant…
BoC will ‘doubtless’ lower charges by 50bps amid ‘below-potential GDP development’: Citi
Investing.com — The outlook for pure gasoline costs in 2025 stays cautiously optimistic, influenced by a mixture of international demand developments, supply-side constraints, and weather-driven uncertainties. As per analysts at BofA Securities, U.S. Henry Hub costs are anticipated to common…
Financial institution of Japan says inflation knowledge key in deciding price hikes, Nikkei studies
Investing.cm — Citi Analysis has simulated the results of a hypothetical oil worth surge to $120 per barrel, a situation reflecting potential geopolitical tensions, significantly within the Center East. As per Citi, such a worth hike would lead to a…
S&P 500, Dow shut at report highs on tech, retail in focus
By Katy Daigle BAKU, Azerbaijan (Reuters) – This yr’s U.N. local weather summit delivered a deal on local weather finance two days previous deadline, after two weeks of tense negotiations. Listed here are among the takeaways from the COP29 summit…
By Marcela Ayres SAO PAULO/BRASILIA (Reuters) -Brazil’s forex rebounded on Friday from report lows after congressional leaders stated they’d put the brakes on authorities revenue tax reform, and the finance minister pressured that fiscal dedication goes past a brand new…
Investing.com — The continuing Center East battle, marked by escalating tensions and protracted hostilities, stays a vital danger issue for international stability. Analysts at UBS emphasize that whereas the scenario has not but spiraled right into a full-scale regional conflict…
By Alden Bentley and Naomi Rovnick NEW YORK/LONDON (Reuters) -International inventory markets rallied on Friday, with Wall Road crowning November with its greatest month-to-month achieve in a 12 months on post-election progress hopes, whereas the greenback eased amid prospects for…
