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Egypt eyes bread subsidy overhaul as global inflation bites

By Sarah El Safty CAIRO (Reuters) – Egypt is considering replacing a popular bread subsidy with cash payments for the poor to protect the budget from soaring global wheat prices,.

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Ryanair posts quarterly loss but says fares could rise this summer

(Corrects paragraph 9 to say Ryanair expects to fly 165 million passengers in year to March 2023 (not year to March 2022)) By Conor Humphries DUBLIN (Reuters) -Ryanair reported a.

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Cryptocurrency Economy News

Bitcoin on track for its worst January since 2018 ‘crypto winter’

Bitcoin dipped to as low as $33,000 in January from a record of almost $69,000 less than three months ago By Vildana Hajric and Akayla Gardner / Bloomberg Bitcoin is closing.

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Shell begins trading under simpler, single-line share structure

(Reuters) – Shell (LON:RDSa) began trading with a single line of shares on Monday after the British oil major confirmed the assimilation of its A and B shares over the.

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News

Spotify to link COVID content to facts after ‘misinformation’ row

Music streaming platform lays out transparent rules on COVID content given the backlash stirred by Neil Young over misinformation claims. Music streaming company Spotify says it will start guiding listeners.

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Macau Legend says CEO resigns after arrest, shares plummet to record low

By Farah Master and Twinnie Siu HONG KONG (Reuters) -Macau Legend,, which owns and operates a casino resort in Macau, said its chief executive resigned on Monday after he was.

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Cryptocurrency News

Balanced View To Be Taken On Regulating Cryptocurrencies: Principal Economic Adviser

Government will take a balanced view on the issue of regulation of cryptocurrencies, said principal economic adviser Sanjeev Sanyal Press Trust of India New Delhi:  The government will take a.

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Australia stocks lower at close of trade; S&P/ASX 200 down 0.24%

Investing.com – Australia stocks were lower after the close on Monday, as losses in the Financials, Consumer Staples and Metals & Mining sectors led shares lower. At the close in Sydney, the S&P/ASX 200 declined 0.24%. The.

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Nasdaq up 2% on final day of volatile month

By Bansari Mayur Kamdar (Reuters) -The tech-heavy Nasdaq rose nearly 2% on Monday, but was still on track for its worst ever start to the year as investors shied away.

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Union battle unfolds at GM in Mexico ahead of workers’ vote

By Daina Beth Solomon MEXICO CITY (Reuters) – More than 6,000 General Motors (NYSE:GM) workers in Mexico will elect a new union this week as an upstart group supported by.

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