IMF, World Bank to step up cooperation on climate, debt, digital transition
By David Lawder WASHINGTON The International Monetary Fund and World Bank on Thursday issued a rare joint statement
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SoftBank backs new autonomous trucking startup from founders of defunct Argo AI
Founders behind defunct self-driving startup backed by Ford and Volkswagen launched a new autonomous trucking firm, Stack AV,
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Goldman, Morgan Stanley to shine amid struggle for large-cap banks - HSBC
By Aniruddha Ghosh Goldman Sachs and Morgan Stanley are poised for stronger results next year compared to other
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World Bank to increase exposure to Turkey to $35 billion within three years - Anadolu
ANKARA The World Bank plans to increase its exposure to Turkey to $35 billion within three years, the
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An equal pay claim took down Britain's second-biggest city. Others are on the brink
Birmingham — the biggest British city after London — is in dire financial straits.
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Three major China banks to lower rates on existing first-home mortgages
BEIJING Three of China's major state banks said on Thursday they will start to lower interest rates on
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Canada finance minister defends central bank independence after rate comment
Canadian Finance Minister Chrystia Freeland defended the central bank's independence on Wednesday after her comments welcoming the Bank
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Possible Fed overtightening makes recession more likely than not, Deutsche Bank says
NEW YORK Despite recent optimism around the U.S. economy, a recession remains a more likely scenario than a
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Party City set to exit bankruptcy with $1 billion debt reduction
By Dietrich Knauth A U.S. bankruptcy judge on Wednesday approved Party City Holdco's Chapter 11 bankruptcy plan, which
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Bankman-Fried loses bid to get out of jail, appeals court will hear case
By Luc Cohen NEW YORK Sam Bankman-Fried on Wednesday lost his bid to be freed immediately from a
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Bank of Canada holds interest rate 5%, warns of more tightening
TORONTO The Bank of Canada on Wednesday held its key overnight interest rate at 5%, noting the economy
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Bank of Canada seen holding rates steady after economy shrank in Q2
By Steve Scherer and David Ljunggren OTTAWA The Bank of Canada on Wednesday is expected to keep rates
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