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Nigeria Gets $800 Million From World Bank to Cut Fuel Subsidy

Nigeria secured $800 million from the World Bank for cash handouts to the poor as part of efforts to end a costly fuel subsidy by June.

Oil’s Biggest Rally of the Year Stalls on Demand Concerns

Oil’s biggest rally this year paused as US stockpile draws failed to quell concerns about demand in an uncertain economy.

Oil’s Biggest Rally of the Year Stalls on Demand Concerns

Oil’s biggest rally this year paused as US stockpile draws failed to quell concerns about demand in an uncertain economy.

Terry Smith Builds $1 Billion Fortune With Riches Outside UK

In 2022, the money manager shifted most of his stake in Fundsmith to the Seychelles

Terry Smith Builds $1 Billion Fortune With Riches Outside UK

In 2022, the money manager shifted most of his stake in Fundsmith to the Seychelles

Zurich Exits Insurance Climate Alliance Days After Munich Re

Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days.

Zurich Exits Insurance Climate Alliance Days After Munich Re

Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a matter of days.

Bonds Catch a Bid as Recession Talks Heat Up Again: Markets Wrap

Wall Street saw a renewed flight to safety, with stocks dropping and bonds climbing after weaker-than-estimated economic data revived fears that a recession could be in store.

Gold Hovers Above $2,000 With Record High Now in Sight

Gold edged slightly higher, hovering above $2,000 an ounce with traders assessing the Federal Reserve’s interest-rate path following weaker-than-expected economic data from the US.

Gold Hovers Above $2,000 With Record High Now in Sight

Gold edged slightly higher, hovering above $2,000 an ounce with traders assessing the Federal Reserve’s interest-rate path following weaker-than-expected economic data from the US.

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