Snap, crackle, pop!

By Jeffrey Halley Snap, Crackle, Pop! may bring back memories of breakfast cereals, but for Snap Inc their quarterly guidance was more of a dog’s breakfast. Snap’s stock price went snap, crackle,

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Asia starts week cautiously

By Jeffrey Halley Recessionary concerns continue to hold back the buy-the-dippers in Asia on Monday, with stock markets ignoring the strong rally by US index futures. It is always worth taking the

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Armenia’s five challenges to recovery

After three decades of independence following the collapse of the Soviet Union, tiny Armenia faces a plethora of challenges, not least because of hostile intentions from its neighbours. With limited natural resources

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Arms dealer claims $600 mln Cyprus fraud

A controversial Russian-born Israeli arms dealer Arcadi Gaydamak has implicated Cyprus in an alleged $600 mln fraud case against him. According to news site Philenews, citing a TV documentary aired recently on

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Jordan offers Cyprus firefighting aircraft

Jordan’s King Abdullah II has offered to station firefighting aircraft in Cyprus through the summer fire season. Minister Ioannis Kasoulides thanked the Jordanian monarch following talks with his Jordanian counterpart, Ayman Safadi.

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Another turbulent day

By Craig Erlam Thursday was another turbulent session after stock markets turned sharply lower on Wednesday with investors fretting over the economic outlook for this year. Results from Walmart and Target this

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UK inflation hits 40-year high

By Craig Erlam European equity markets were a little flat on Wednesday, with inflation data in the morning once again offering a reminder of the struggles that lie ahead. There are also

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