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Brent crude on Friday settled at its lowest level since the early days of the U.S.-Iran conflict. after Pakistan said a peace deal between the nations had been reached.
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The decision paves the way for a proposed $110 billion merger uniting two rival studio giants — Paramount, owner of CBS, and the much larger Warner, which includes HBO and CNN.
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In 2007, former Inc. writer Max Chafkin described the entrepreneur as someone who "just might change the world." He turned out to be right.
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While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
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The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates into a supply shock.
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The World Bank says that the war is slashing global growth prospects and that a prolonged conflict could tip dozens of developing nations into years of stagnation.
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The European Central Bank also raised its inflation forecasts and cut its growth outlook.
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