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Oil tumbles as recession fears spur worries of demand destruction By Reuters

Oil tumbles as recession fears spur worries of demand destruction By Reuters

© Reuters. FILE PHOTO: A view of the Phillips 66 Company’s Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products…

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six milestones in the history of industrial action in Britain

six milestones in the history of industrial action in Britain

Holidaymakers and commuters are expecting significant disruption this summer following a recent surge in strike action in the UK and Europe. UK train drivers are the latest group to consider striking in what could be…

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Dubai regulator issues ‘innovation testing licenses’ to six fintech firms

Dubai regulator issues ‘innovation testing licenses’ to six fintech firms

The Dubai Financial Services Authority has announced the first set of firms to be granted innovation testing licenses (ITLs) under a new “cohort” framework, following “continued interest” from players in the market. According to a statement…

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Browser cookies make people more cautious online, study finds

Browser cookies make people more cautious online, study finds

Website cookies are online surveillance tools, and the commercial and government entities that use them would prefer people not read those notifications too closely. People who do read the notifications carefully will find that they…

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Norwegian oil and gas workers start strike, cutting output By Reuters

Norwegian oil and gas workers start strike, cutting output By Reuters

2/2 © Reuters. FILE PHOTO: Equinor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Gwladys Fouche and Nora Buli OSLO (Reuters) -Norwegian offshore workers began a strike…

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How news affects people’s expectations and drives economic change

How news affects people’s expectations and drives economic change

News of a big pay rise might see you booking the nearest fancy restaurant for a slap-up meal to celebrate, or encourage you to go on a shopping spree even before your raise hits your…

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Your body has an internal clock that dictates when you eat, sleep and might have a heart attack – all based on time of day

Your body has an internal clock that dictates when you eat, sleep and might have a heart attack – all based on time of day

Anyone who has suffered from jet lag or struggled after turning the clock forward or back an hour for daylight saving time knows all about what researchers call your biological clock, or circadian rhythm –…

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EU rolls out $1.3 billion to help Nigeria diversify its economy By Reuters

EU rolls out $1.3 billion to help Nigeria diversify its economy By Reuters

© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 17, 2022. REUTERS/Yves Herman//File Photo ABUJA (Reuters) – The European Union (EU) and its development finance institutions will…

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Russia’s oil is in long-term decline – and the war has only added to the problem

Russia’s oil is in long-term decline – and the war has only added to the problem

Immediately after Russia’s invasion of Ukraine, world oil prices jumped above US$100 per barrel, hitting US$130 for Brent crude on March 8. The prevailing fear was that substantial Russian supplies would be lost to the…

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US citizen pleads guilty to selling technology to Iranian central bank

US citizen pleads guilty to selling technology to Iranian central bank

A US and Iranian dual citizen has pleaded guilty in a US federal court to selling technology to the Central Bank of Iran. Kambiz Attar Kashani is facing up to 20 years in prison and…

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