Business

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Musks wealth keeps soaring but he wants to ditch worldly possessions to colonize Mars

SpaceX and Tesla founder Elon Musk has added over $20 billion to his fortune since he became the richest man on Earth. However, he downplays the...
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Covid 19 sinks Indian demand for fuel for first time in over two decades

Demand for petroleum products in India has tumbled to multi-year lows following its first contraction in consumption since 1999, as the coronavirus pandemic rattles the world’s...
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Russia more than doubles natural gas exports via TurkStream pipeline

Supplies of gas to Turkey and Europe via offshore pipeline TurkStream have increased more than twofold in a year since the launch of the project, according...
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Mixed signals Tech firm soars over 1100 as confused investors pile into wrong stock...

While Tesla’s CEO has made millionaires of some of his loyal fans, this time his Twitter recommendation to use the platform Signal apparently sent millions to...
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China hits back at unjustified foreign laws that hurt its businesses

China’s Ministry of Commerce has issued a list of rules to counter “unjustified” foreign laws and restrictions, prohibiting its firms and citizens from complying with these...
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Oil rallies to 11 month highs on surprise Saudi cuts US crude supply...

Saudi Arabia’s pledges of voluntary output cuts and the earlier decline in US oil inventories have continued to boost energy markets, bringing crude prices to the...
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Russian stock market hits all time high as hopes for recovery boost global investment...

Russia’s main index on the Moscow Exchange has reached a new historic peak for the second time in a week following gains in equities trading in...
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Bitcoin continues to break records after pushing through 40000 milestone

The price of the world's most traded cryptocurrency, bitcoin, hit a new all-time high of over $41,000 on Friday after smashing through another psychological level less...
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Global index providers follow Wall Street remove Chinese telecom stocks

US index publisher MSCI and others – FTSE Russell and S&P Dow Jones Indices – announced the removal of Chinese telecom firms from their benchmarks over...
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US suspends tariffs on French luxury goods over tax on Silicon Valley tech giants

Washington has backed down from plans to hit $1.3 billion of French products with new tariffs. The levies were meant to be in retaliation to France’s...

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