Business News

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785 restaurants shut down, 25,000 employees laid off in Lebanon

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Tony Ramy, head of Lebanon’s syndicate of restaurants owners, said on Tuesday that 785 restaurants and cafes have been closed

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Saudi SAMA warns against falling to money laundering schemes

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Saudi Arabian Monetary Authority (SAMA) has warned against the consequences of being exploited in money laundering schemes. It called on

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Economic impact of Coronavirus widens as Ericsson exits trade show

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By The Associated Press BEIJING (AP) — More than a month after the outbreak of China’s deadly virus, the economic

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UK ’s productivity decline is the worst in 250 years

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The U.K.’s worst productivity slump in a quarter of a millennium may be caused by a “perfect storm” of three

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US economy: 2019 posts slowest growth in three years at 2.3%

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BY Jeff Cox The U.S. economy grew 2.1% in the fourth quarter, matching estimates. The 2.3% growth in U.S. gross

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Jeff Bezos or MBS? Clash of the titans

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Amazon CEO Jeff Bezos is regarded as the world’s richest man with a net worth of $115 billion ⁠— but the crown prince of Saudi Arabia may have

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World’s richest people hold more than poorest 4.6 billion combined

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By George Obulutsa NAIROBI (Reuters) – The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined

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Google’s parent company, Alphabet hits trillion-dollar market cap

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Alphabet hit the $1 trillion market capitalization, making it the fourth U.S. company to hit the milestone after Apple, Amazon

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Investors should prepare for volatility after Iran attacked U.S. Iraqi Bases

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Iran’s ballistic missile attack on two joint U.S.-Iraqi air bases Tuesday evening eastern time injects a new jolt of uncertainty and risk

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Ghosn: I have ‘actual evidence’ this was a coup to take me down

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Following his escape from Japan, former Nissan Chairman Carlos Ghosn told FOX Business’ Maria Bartiromo this weekend that he has “actual evidence” and documents that

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