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ECB likely to keep raising rates beyond 2% level, says French central bank chief

The European Central Bank (ECB) will probably continue to raise interest rates beyond 2%, but "jumbo" rate hikes will not become a new habit,...

Credit Suisse to sell bulk of Securitized Products Group to Apollo

Credit Suisse said on Tuesday it has finalised the sale of most of its Securitized Products Group and related financing businesses to U.S. buyout...

Global corporations ‘cheating public out of billions in tax’, say campaigners

Governments around the world could reap almost $90 billion a year extra in tax if they made public their data on the extent to...

OPEC cuts oil demand growth forecast again as economic challenges mount

OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure,...

U.S. dollar surges as traders say markets overreacted to U.S. inflation data

The U.S. dollar rose against the euro and sterling on Monday, after sliding to multi-months high, as expectations of a less aggressive Federal Reserve...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...
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