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Stuff that matters

Israel to boost Asia flights when Saudi Arabia opens airspace

Israeli airlines plan to expand and open new routes to India and other Asian destinations after Saudi Arabia announced it would allow unfettered access to its airspace, a move that

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SAS and pilots to resume negotiations on Monday after 14 days of strike

Ailing Scandinavian airline SAS (SAS.ST) and striking pilot unions will resume negotiations on Monday, public broadcaster NRK said, after failing to reach new collective agreements over the weekend. Most SAS

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Ukraine central bank has sold over $12 billion of its gold reserves during the war, its deputy head says

Ukraine’s central bank has sold $12.4 billion of gold reserves since the beginning of Russia’s invasion on Feb. 24, the bank’s deputy head said on Sunday. “We are selling (this

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Ukraine conflict could speed up Germany’s green energy transition, study says

The consequences of the Ukraine conflict could accelerate Germany’s green energy transition despite Berlin’s decision to reconnect coal-fired power plants to compensate for falling fossil fuel supplies from Russia, a

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Top U.S. energy envoy expects further steps from OPEC producers on supplies

Major crude oil producers have spare capacity and are likely to boost supplies following President Joe Biden’s visit to the Middle East, a senior U.S. energy envoy said on Sunday.

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Boeing expects 787 orders to pick up when deliveries restart

Boeing expects to see a pick up in new orders for its 787 Dreamliner model once it restarts deliveries of the plane, Commercial Airplanes CEO Stan Deal said on Sunday.

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Wall St Week Ahead Recession fears loom over U.S. value stocks

Fears of a potential economic slowdown are clouding the outlook for value stocks, which have outperformed broader indexes this year in the face of surging inflation and rising interest rates.

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