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Siemens files lawsuit in Texas against Citgo Petroleum parent By Reuters

Siemens files lawsuit in Texas against Citgo Petroleum parent By Reuters

By Marianna Parraga HOUSTON (Reuters) – Siemens Energy Inc has filed a lawsuit in a Texas court against Citgo Petroleum’s parent, PDV Holding, seeking to recoup about $200 million from a promissory note defaulted by…

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Despite progress on poverty, Mexico’s first female president inherits a shaky economy

Despite progress on poverty, Mexico’s first female president inherits a shaky economy

Mexico’s first female president, leftwing academic and climate scientist Claudia Sheinbaum, has set out her agenda. She pledged to maintain the social policies of her mentor and predecessor, the widely popular former president Andrés Manuel…

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The Australian government has introduced new cyber security laws. Here’s what you need to know

The Australian government has introduced new cyber security laws. Here’s what you need to know

The Albanese government today introduced long-awaited legislation to parliament which is set to revolutionise Australia’s cyber security preparedness. The legislation, if passed, will be Australia’s first standalone cyber security act. It’s aimed at protecting businesses…

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Oil prices edge up after sliding on potential Israel-Hezbollah ceasefire By Reuters

Oil prices edge up after sliding on potential Israel-Hezbollah ceasefire By Reuters

By Colleen Howe and Trixie Yap (Reuters) -Oil prices edged up on Wednesday as developments in the Middle East took centre stage against cautious demand expectations and ahead of a government meeting on China’s fiscal…

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how a 70-year-old survey has given early signals of the economy’s pulse

how a 70-year-old survey has given early signals of the economy’s pulse

Business tendency surveys provide very useful indicators of trends within an economy. The information is available well before the official statistics, such as GDP growth, and provides insights into business dynamics that cannot be found…

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US looks to resurrect more nuclear reactors, White House adviser says By Reuters

US looks to resurrect more nuclear reactors, White House adviser says By Reuters

(Changes slug, adds product codes) By Valerie Volcovici NEW YORK (Reuters) -The Biden administration is working on plans to bring additional decommissioned nuclear power reactors back online to help meet soaring demand for emissions-free electricity,…

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how a new law could protect them

how a new law could protect them

Kenya has published a draft bill outlining protections for whistleblowers. Long in the making, the Whistleblower Protection Bill 2024 could help to encourage disclosures in a country where 86% of the respondents to a 2023…

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A geomagnetic storm has hit Earth – a space scientist explains what causes them

A geomagnetic storm has hit Earth – a space scientist explains what causes them

A geomagnetic storm lit up the night sky in parts of the US during the first weekend in October. South Africa’s National Space Agency (Sansa) told reporters that the storm had originated from a solar…

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Oil retreats as investors pare bets on Middle East war risk after sharp rally By Reuters

Oil retreats as investors pare bets on Middle East war risk after sharp rally By Reuters

By Emily Chow SINGAPORE (Reuters) -Oil prices fell more than $1 a barrel on Tuesday as traders took profits from a rally in the previous session that lifted the market to its highest level in…

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a fresh approach, based on an old idea

a fresh approach, based on an old idea

The statistics are stark: 54 governments, of which 25 are African, are spending at least 10% of their revenues on servicing their debts; 48 countries, home to 3.3 billion people, are spending more on debt…

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