Finance

Nepal Tycoon’s Son Backs Protesters After Homes of Elites Burned

Nepal Tycoon’s Son Backs Protesters After Homes of Elites Burned

A demonstrator reacts outside the burning Nepali Congress Party office during a protest in Kathmandu on Sept. 9. (Bloomberg) — The son of Nepal’s richest tycoon said last week’s prote...

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A $3 Billion Plan to Bring Water to Johannesburg Hits Opposition

A $3 Billion Plan to Bring Water to Johannesburg Hits Opposition

(Bloomberg) — A long-delayed 53 billion rand ($3.1 billion) project that South Africa’s commercial hub is banking on to end a growing water crisis has hit fresh opposition. Communities comp...

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Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions

Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions

MOSCOW (Reuters) – Old-fashioned barter is on the rise in Russia’s foreign trade for the first time since the 1990s, as companies seeking to outfox Western sanctions swap wheat for Chi...

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Swatch to hike prices in US after tariffs, CEO says

Swatch to hike prices in US after tariffs, CEO says

ZURICH (Reuters) -Swatch will hike its prices in the United States by between 5% and 15% after the 39% tariff President Donald Trump imposed on Switzerland last month, the Swiss watchmaker’...

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Oil Prices Begin the Week With a Gain on Russian Infrastructure Attacks

Oil Prices Begin the Week With a Gain on Russian Infrastructure Attacks

Crude oil prices began the week with a rise, building on gains made last week, as Ukrainian drone attacks on Russian energy infrastructure continued, notably on a major oil export terminal in Prim...

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