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ISTANBUL (AP) – Turkey’s central bank delivered another interest rate cut yesterday, moving the opposite way from world economies that are raising rates to combat soaring inflation. The Central Bank of the Republic of Turkey lowered the benchmark rate by one percentage point to 12 per cent. The lira was trading around 18.38 against the […]
LONDON (AP) – Britain’s government said yesterday it will cap wholesale energy bills for businesses this winter to ensure companies don’t go bust amid soaring energy prices. Authorities said the government will pick up nearly half of all business energy bills for six months starting October 1 to ensure companies “are able to get through […]
FinancialNewsMedia.com News Commentary PALM BEACH, Fla., Sept. 20, 2022 /PRNewswire/ -- Recently, there has been more focus on alternative energy sources and a revisited use of nuclear
SUGAR GROVE, ILLINOIS (AP) – Dustin Johnson already is approaching USD10 million in the LIV Golf series and he’s playing like that number is going to keep soaring. Johnson ran off nine birdies on Friday, none longer than about 12 feet, and posted a nine-under 63 at Rich Harvest Farms to build a three-shot lead […]
BRUSSELS (AFP) – The European Commission yesterday set out proposals to bring down the soaring price of gas and electricity in the European Union (EU), notably by taxing excess profits of power producers. EU energy ministers are to review the plans in an extraordinary meeting in Brussels on September 30. In the EU’s electricity market, […]