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Saudi Aramco profits rise as oil price surge and pipeline offset Iran war hit Financial TimesSaudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war CNBCAramco CEO warns 1 billion barrels lost will slow oil market recovery ReutersWorld deprived of 1 billion barrels of oil over past 2 months, Saudi Aramco CEO says The Times of Israel
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The conflict is not only threatening oil revenue, but also Gulf states' efforts to expand their economies beyond it.
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East-west pipeline allows oil company to circumvent the Strait of Hormuz and keep pumping
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Market Questions is the FT's guide to the week ahead
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Putin says he thinks Russia-Ukraine war is coming to an end NBC NewsVladimir Putin suggests Ukraine war is ‘coming to an end' | Russia The GuardianPutin suggests Russia's war on Ukraine ‘coming to an end' Al JazeeraPutin says he thinks Ukraine conflict 'coming to an end' BBC
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Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI
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Vladimir Putin suggests Ukraine war is ‘coming to an end' | Russia The GuardianPutin says he thinks Ukraine conflict 'coming to an end' BBCPutin says Ukraine war 'heading to an end' despite ceasefire violations France 24Putin says he thinks the war with Ukraine 'is coming to an end' as Trump-brokered 3-day ceasefire begins Fox News
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Lasting Truce Is Elusive After Week of Traded Attacks The New York TimesThe Iran war has changed. Trump's talking points have not CNNTrump Is ‘Bored' With the War He Started The AtlanticOpinion | Iran is no match for America. Why hasn't Washington defeated it? The Washington PostThe war on Iran will likely end in American retreat Al Jazeera
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World's largest asset manager says governments must address under-investment of retail money in capital markets
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Overall spending on IT products and services is expected to climb by about 5.5% this year, fueled mainly by software and services, according to a forecast from tech analyst firm Gartner Research. That level of growth would result in a total expenditure of $4.6 trillion.
In the area of data center systems, which includes servers, internal controller-based systems and networking equipment among other things, the latter is likely to prove a robust engine of growth, with Gartner predicting 8.4% year-on-year growth in constant currency. According to the forecast's author, John-David Lovelock, the data center category as a whole should rise by 3.7% in 2023.
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The weekend truce in the Sino-American trade war comes as a relief for Europe. Yet it is Beijing's reluctance to stimulate growth, not trade tensions, that poses the bigger threat to the continent's economy.
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