The Bank of England on Thursday left its key interest rate at 0.50 percent as it slashed the growth forecast for the British economy less than one year before Brexit.
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The European Bank for Reconstruction and Development will invest 2.8 billion euros ($3.3 billion) in infrastructure projects in Jordan, according to a letter of intent signed Thursday in Amman.
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Just a 10-minute drive from the International Labor Organization's new office in the Qatari capital, Nabin explains how his employer has not paid his wages in two months.
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Leading Middle East airline Emirates said on Wednesday its net profits had more than doubled last year, mainly on improved cargo business.
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Saudi Arabia, the world's largest oil exporter, has said it will take all necessary measures to prevent supply shortages following the US withdrawal from the Iran nuclear deal.
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Oil prices surged more than two percent in Asia on Wednesday after Donald Trump pulled the United States out of the Iran nuclear deal, fuelling fresh geopolitical uncertainty.
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Growth across sub-Saharan African will rise to 3.4 percent this year from 2.8 percent in 2017, but in the continent's poorest countries, debt is a major burden, the IMF said on Tuesday.
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China's surplus with the United States widened in April, underlining an imbalance between the economic titans as they struggle to reach an agreement on averting a potentially damaging trade war.
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British Foreign Secretary Boris Johnson on Tuesday dismissed as "crazy" a government proposal for customs arrangements with the EU after Brexit, forcing cabinet divisions into the open once again.
Full StoryGerman luxury carmaker Audi on Tuesday said it had detected "irregularities" in the emissions controls of recent A6/A7 models, prompting it to halt deliveries in the latest twist in the "dieselgate" scandal dogging parent company Volkswagen.
The admission came after Germany's transport ministry said it was investigating suspicions that the carmaker had installed a new "illegal defeat device" in some 60,000 A6/A7 models worldwide, around half of which are driving on German roads.
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