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Oil rises on renewed gasoline demand, weak dollar

Oil prices rose on Wednesday, rebounding from losses early in the session, helped by encouraging figures on U.S. gasoline demand and as lower-than-expected U.S. inflation data drove investors into riskier

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Exclusive: Google Fiber plans 5-state growth spurt, biggest since 2015

Google Fiber plans to bring its high-speed internet service to multiple cities in Arizona, Colorado, Idaho, Nebraska and Nevada over the next several years in its first big expansion since

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New Zealand house prices fall on year for first time sine 2011

New Zealand house prices fell in July with the median price recording its first annual fall since 2011, the Real Estate Institute of New Zealand (REINZ) said on Thursday. The

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Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb

Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve

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Binance says it is winning crypto clients thanks to inflation

Binance, the world’s largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation and a historically strong dollar that has depressed emerging market currencies, an executive told

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U.S. rejects broadband subsidies for SpaceX’s Starlink, LTD

The U.S. Federal Communications Commission rejected SpaceX’s Starlink and LTD Broadband’s applications for more than $2 billion in internet service subsidies, the FCC said on Wednesday. In December 2020, the

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Indian companies swapping dollar for Asian currencies to buy Russian coal

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the U.S. dollar and cutting the risk of

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