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Markets

The downturn in US business activity is easing slightly; the eurozone back to growth

US business activity better than expected but remains soft The Eurozone surprisingly returns to modest growth UK PMI falls at…

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Technology

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Jan 20 (Reuters) – Google parent Alphabet Inc (GOOGL.O) is cutting about 12,000 jobs as it faces “a different economic…

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Economy

Unions call for more strikes over Macron’s pension reform

Police fire tear gas on the outskirts of the Paris protest The government wants to raise the retirement age by…

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Economy

China’s economic growth in 2022 is one of the worst ever, post-pandemic policies are being tested

China’s Q4 GDP growth slows; 2022 growth one of the worst ever GDP in 2022 grows 3.0%, well below the…

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Markets

US inflation cools as consumer prices fall; labor market still tight

Consumer prices fall 0.1% in December CPI up 6.5% year-on-year Core CPI rises 0.3%; an increase of 5.7% year-on-year Weekly…

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Economy

Weekly US Jobless Claims Rise; continuing damages of 10 months height

Weekly jobless claims rise by 4,000 to 230,000 Continued claims increase by 62,000 to 1.671 million WASHINGTON, Dec 8 (Reuters)…

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