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Traders expect Fed to leave rates unchanged

The euro-dollar currency pair clinged to the previous day’s gains around 1.1370 in European trading on Wednesday, with the EURUSD trading firmly as the dollar ticked down ahead of the Federal Reserve’s interest rate decision. The DXY Dollar Index, which tracks the greenback’s value against six

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Cyprus MEP to address Genocide memorial

Costas Mavrides, Cyprus member of the European Parliament, will be the keynote speaker at the Armenian Genocide commemoration in Nicosia on Saturday,

PwC: AI could boost global GDP by 15% to 2035

The technological transformation of industries and adoption of artificial intelligence by businesses could boost global growth at a rate of one percentage point a year by 2035, according to new research by advisory PwC. The new study suggests that AI

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Dollar drops at start of Fed policy week

The euro-dollar currency pair trades slightly higher to near 1.1325 during European hours on Monday, further gaining ground after touching a three-week low of 1.1265 late last week. EURUSD rose as the dollar

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Sterling outperforms across the board

The euro-sterling currency pair fell sharply to near 0.8460 in early North American trading on Tuesday, the lowest level seen in a month. EURGBP slumps as the Pound Sterling outperforms its peers

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Embrace AI challenges to reduce future risks

By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance service delivery, and make processes more

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WTI bearish on weakening global growth, oil demand

West Texas Intermediate (WTI) crude oil continues its decline for a third consecutive session, trading near $59.50 a barrel in Asia on Wednesday. The benchmark crude $59.37 per barrel early in the European session, down from Tuesday’s close at $59.91. Brent crude

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North Sea collision to activate multiple insurance

The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting jet fuel for the U.S. military, could activate multiple insurance policies, because of the types of vessels and

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