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Gulf markets subdued after China cuts rates | The Express Tribune
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[ad_1] BENGALURU: Most major stock markets in the Gulf fell in early trade on Tuesday as investors mulled over world’s second largest economy China cutting key policy rates, with the Saudi index on course to extend losses from the previous…
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Govt cuts petrol by Rs9 per litre for next fortnight
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[ad_1] Finance Minister Ishaq Dar is announcing the new fuel prices in this still taken from a video on Saturday, July 15. — YouTube/GeoNews The federal government on Saturday announced a reduction in the fuel prices for the next fortnight…
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Govt cuts petrol price for next fortnight
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[ad_1] An employer of a petrol pump fills the fuel tank of a bike in Karachi, on March 17, 2023. — The News ISLAMABAD: The federal government Monday announced decreasing the price of petrol by Rs12 per litre to Rs272…
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Govt cuts price of diesel by Rs5, keeps petrol unchanged | The Express Tribune
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[ad_1] ISLAMABAD: Due to fluctuations in global oil prices, the federal government has announced a reduction in the price of high-speed diesel (HSD) by Rs5 per litre effective Monday, May 1, 2023. HSD is commonly used in transport and agriculture…
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IMF cuts Pakistan’s growth forecast, sees hike in inflation | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has reduced the economic growth forecast of Pakistan to 0.5% as well as steeply increased inflation projections far above 20% for two years — underscoring that the people’s hardships would not end soon…
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Elon Musk’s Tesla cuts US prices for fifth time since January
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[ad_1] The image shows Elon Musk sitting in a Tesla.— AFP/file After pricing adjustments made throughout the first quarter resulted in an additional sales gain, Tesla reduced the prices of every vehicle it sells in the US once more. Each…
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OPEC+ cuts put $100/bbl oil back in sight | The Express Tribune
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[ad_1] SEOUL/ SINGAPORE/ LONDON: Surprise new cuts to the OPEC+ group’s output targets could push oil prices towards $100 a barrel, setting the scene for another clash with the West grappling with higher interest rates, analysts and traders said on…
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Saudi Arabia, OPEC+ producers announce surprise oil output cuts | The Express Tribune
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[ad_1] DUBAI: Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production amounting to around 1.15 million barrels per day in a surprise move they said was aimed at supporting market stability. The group had…
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Google cuts 12,000 jobs as tech woes bite again
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[ad_1] This file photo taken on January 22, 2019 shows a technician passing by a logo of US internet search giant Google during the opening day of a new Berlin office of Google in Berlin. — AFP/File NEW YORK: Google’s…
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World Bank cuts 2023 global growth forecast to 1.7%
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[ad_1] In this file photo taken on October 08, 2022, the World Bank headquarters seen from the International Monetary Fund headquarters in Washington, DC. — AFP WASHINGTON: Global growth is slowing “perilously close” to recession, the World Bank said Tuesday,…
