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‘Playing with fire’: Investors use fund to bet on Russian stocks

With few options left on U.S. exchanges to bet on Russian assets, investors have rushed into a tiny closed-end fund…

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World

China eases investment curbs amid ‘unprecedented’ investor exodus

China will allow local and foreign investors access to more sectors of the economy after cutting its so-called negative list…

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World

Tourism in Sri Lanka: One step forward, two steps back

Colombo, Sri Lanka – Tourism in Sri Lanka just can’t seem to catch a break. Three years ago, the number…

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World

Apple is working on a hardware subscription service for iPhones

Apple Inc. is working on a subscription service for the iPhone and other hardware products, a move that could make…

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World

Edward Johnson III, fund pioneer who led Fidelity, dies at 91

The firm now holds more than $11 trillion in assets, according to its most recent annual report. Edward “Ned” Johnson…

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Petroecuador declares force majeure on cargoes of Russian diesel

The vessels were already en route to the South American nation when the war broke out and banks all over…

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Russia moves to halt stock market selloff as trading resumes

Russian equities gained as the sanctioned nation stepped in to halt the selloff in its stock market with a flurry…

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World

UK’s Sunak announces $7.9BN tax cut to fend off inflation pain

Chancellor of the Exchequer Sunak also said the UK would slash the fuel duty to alleviate cost pressures on ordinary…

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World

China limits concerns on Ukraine to self-interest

New Delhi, India–Nearly a month into the Russian invasion of Ukraine, the Chinese appear barely interested in the crisis. While…

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World

Asian stocks rise as US bonds tumble on hawkish signals from Fed

By Andreea PapucBloomberg Published On 22 Mar 202222 Mar 2022 Bonds were under pressure Tuesday from Federal Reserve Chair Jerome Powell’s…

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