Showing 1-10 of 333 results
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Stuff CEO buys media firm for NZ$1
Business, AFP, Published on 26/05/2020
» WELLINGTON: Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1 (US$0.61), the group's Australian owners Nine Entertainment Co Holdings Limited announced on Monday.
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UK water crisis pollutes privatisation legacy
AFP, Published on 11/07/2023
» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.
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Carbon 'capture' tech is booming, and confusing
AFP, Published on 04/07/2023
» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.
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IMF and Pakistan reach $3 billion stand-by deal
AFP, Published on 30/06/2023
» ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.
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UBS set for 'bumpy' integration of Credit Suisse
AFP, Published on 12/06/2023
» ZURICH - UBS is poised to complete on Monday its takeover of Credit Suisse, but integrating the former rival is a Herculean task that clients, employees and Swiss political leaders will closely watch.
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French credit rating under more pressure
AFP, Published on 02/06/2023
» PARIS: France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.
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US averts first-ever default with 11th-hour debt deal
AFP, Published on 02/06/2023
» WASHINGTON: United States senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.
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G7 to agree tools to counter Chinese economic 'coercion'
AFP, Published on 20/05/2023
» The Group of Seven (G7) will agree Saturday on a "common set of tools" to combat economic "coercion" and limit the risk that high-tech exports to China undermine national security, a top United States official said.
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US imposes $300m penalty on Seagate over Huawei shipments
AFP, Published on 20/04/2023
» WASHINGTON: United States authorities on Wednesday imposed a US$300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said.
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Tough US emissions rules to speed EV shift
AFP, Published on 12/04/2023
» NEW YORK: President Joe Biden's administration unveiled new proposed auto emissions rules on Wednesday, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032.
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