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20201 articles published since 08 Mar 2022

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A year after the Ukraine invasion, oil market much changed
A year after the Ukraine invasion, oil market much changed
Business and Economy

A year after Russia's invasion of Ukraine, the oil market has become more fragmented and uncertain, a dynamic expected to boost crude prices over the long term. The oil market "is radically different in some ways than it was before the invasion of Ukraine," said Jim Burkhard, head of research for oil markets, energy and mobility at S&P Global Commodity Insights.

Panama, Canadian group agree to reopen major copper mine
Panama, Canadian group agree to reopen major copper mine
Business and Economy

Panama and Canadian giant First Quantum Minerals announced on Wednesday a deal to reopen a major copper mine whose operations had been suspended for three months over a tax dispute. First Quantum, one of the largest copper miners in the world, began commercial copper production at the site in Donoso in 2019, through a company called Minera Panama.

France workers keep up the pressure after mass pensions protests
France workers keep up the pressure after mass pensions protests
Business and Economy

French unions on Wednesday pressed a standoff with the government over a deeply unpopular pensions overhaul, with fuel deliveries, trains and flights disrupted for a second day following mass rallies. - 'Extra pressure' - Eric Sellini, national coordinator of the CGT union federation at energy giant TotalEnergies, said workers at most fuel shipping sites were again on strike on Wednesday morning.

TikTok seeks to calm Europe's fears over data privacy
TikTok seeks to calm Europe's fears over data privacy
Business and Economy

TikTok launched a new effort to assuage European leaders' worries over data security on Wednesday, as Western governments consider further bans on the video-sharing app. Their initiative came as the Czech cyber watchdog issued its own warning, describing the Chinese-owned video-sharing app a security threat.

US private hiring heats up in February: survey
US private hiring heats up in February: survey
Business and Economy

US employers stepped up their pace of hiring in February, payroll firm ADP said Wednesday, in a further indication that more effort may be needed to cool the world's biggest economy. Fed Chair Jerome Powell warned on Tuesday that policymakers are prepared to step up rate hikes -- and lift rates higher than previously anticipated -- if needed to cool inflation and the robust jobs market.

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