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China's exports grow 5.9% in November, while US shipments drop 29%

China's exports grow 5.9% in November, while US shipments drop 29%

FILE - Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File) (ASSOCIATED PRESS)HONG KONG (AP) — China’s exports returned to growth in November following an unexpected contraction the

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Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji Muhammad Matovu Yanga, have been crowned Kampala’s Best Business Landlords of 2025.The accolade, announced

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Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards th

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Russian economic meltdown as 7,000 companies face bankruptcy.

Russian economic meltdown as 7,000 companies face bankruptcy.

Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggeri

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Gold extends rise as Trump signs deal to lift shutdown.

Gold extends rise as Trump signs deal to lift shutdown.

Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the flow of economic data and boost bets for further interest rate cuts.Gold rose for a fifth straight session on Thursday t

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Oil Climbs for a second day on risk-on tone in wider markets

Oil Climbs for a second day on risk-on tone in wider markets

Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government sh

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Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for first quarter of 2026.

Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for first quarter of 2026.

ABU DHABI, United Arab Emirates (AP) — Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ group of the cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over concerns of too much supply in the market.The O

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Gold Today Rate, October 29: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities

Gold Today Rate, October 29: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities

Today's 18, 22 and 24 Carat Gold Prices in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: The price of of 24K gold as of today, October 29, stands at ₹12,158 per gram, while 22K gold is priced at Rs 11,145 per gram, and 18K gold is trading at Rs 9,119 per gram.Gold Price Today in India: C

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How Frank Gashumba Reacted After Govt Gazetted a Salary Increament to Prison Officers

How Frank Gashumba Reacted After Govt Gazetted a Salary Increament to Prison Officers

PHOTO/COURTESYFrank Gashumba, a polarizing Ugandan social commentator and businessman, has never shied away from voicing his opinions on matters of governance, often stirring controversy with his outspoken critiques.Recently, Gashumba has taken to social

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‘Not getting any money’: Trump threatens to cut New York City’s funding if Zohran Mamdani ‘doesn’t behave’

‘Not getting any money’: Trump threatens to cut New York City’s funding if Zohran Mamdani ‘doesn’t behave’

According to data by New York City’s comptroller, the city gets more than $100 million from the federal government through different entities and programs.Democratic mayoral candidate Zohran Mamdani speaks next to a portrait of Martin Luthe

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