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Saudi Arabia eyes billions of dollars in entertainment investments

RIYADH (Reuters) – Saudi Arabia said on Tuesday it expects billions of dollars to be pumped into a nascent state-backed entertainment sector and is...

Top White House adviser says no trade meetings with China cancelled

WASHINGTON (Reuters) – A top economic adviser to U.S. President Donald Trump on Tuesday pushed back against reports that a preliminary trade meeting between...

BOJ to retain ultra-low rates, global slowdown raises fresh policy challenge

By Tetsushi Kajimoto TOKYO (Reuters) – The Bank of Japan is set to cut its inflation forecasts and maintain its ultra-loose monetary policy on...

U.S. rejects offer from China for preparatory trade talks: FT

WASHINGTON (Reuters) – The Trump administration has rejected an offer from China for preparatory trade talks this week ahead of high-level negotiations scheduled for...

Brazil central banker says Bolsonaro agenda supports investor hopes

By Jamie McGeever and Marcela Ayres BRASILIA (Reuters) – The global economic outlook has deteriorated and remains risky, but investor confidence in Brazil is justified...

No-deal Brexit would threaten Scotch whisky export growth, say producers

LONDON (Reuters) – Leaving the EU in March without a deal would pose risks to Scotch whisky’s current healthy rates of export growth, the...

Zimbabwe vows bold economic turnaround despite surging prices

By Simon Robinson DAVOS, Switzerland (Reuters) – Zimbabwe’s finance minister painted an optimistic outlook for his country on Tuesday, despite protests over fuel prices that...

Davos bankers try to put brave face on gloomy outlook

By Silvia Aloisi DAVOS (Reuters) – The International Monetary Fund has cut its global growth forecasts for the second time in three months. Central banks...

UK finance minister backs calls for tougher bank disputes scheme

LONDON (Reuters) – British finance minister Philip Hammond called on banks to strengthen a proposed redress scheme for small businesses, which lawmakers and victims...

RWE could spend up to $2.8 billion a year on renewables:...

BERLIN (Reuters) – RWE <RWEG.DE>, which will become the world’s No.2 offshore wind player following a deal to break up its Innogy <IGY.DE> unit,...
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