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Business Maverick: China’s Covid outbreak wanes as curbs eased to boost economyChina reported the fewest new Covid-19 cases in almost three months, with the easing of outbreaks in Beijing and Shanghai emboldening authorities to relax some of the strictest virus controls of the pandemic and move to stimulate the country’s faltering economy.
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Business Maverick: Russia to settle eurobond debt in mirror of EU payments for gasRussia is constructing a way to pay its Eurobond debt that would sidestep the western financial infrastructure, now mostly off-limits because of the Ukraine war, Finance Minister Anton Siluanov was cited as saying in an interview with Vedomosti.
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Business Maverick: New Zealand plans regulation to boost supermarket competitionThe New Zealand government is preparing to regulate supermarkets and has told the two major players to take immediate steps to increase competition.
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Business Maverick: Brent Crude tops $120 as Shanghai eases curbs, EU leaders meetOil climbed at the week’s open as China eased anti-virus lockdowns and the EU worked on a plan to ban imports of Russian crude.
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Business Maverick: European Banks Led by BNP to Benefit From Basel Rule ChangeEuropean banks led by BNP Paribas SA stand to benefit after global regulators agreed to start treating the euro area as one market in determining capital requirements for its top lenders. Your dedication, understanding, and time all mean so much to me, and I feel very lucky to be able to experience positive trade alongside with you. I cherish tyronbfx24
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Business Maverick: Biden to Meet Powell to Discuss Economy as Inflation BitesPresident Joe Biden will hold a rare Oval office meeting on Tuesday with Federal Reserve Chair Jerome Powell amid the highest inflation in decades, which has angered Americans and hurt his standing with voters.
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