Business Blog

Egypt targets 3-3.4 percent economic growth for 2014/15

Egypt is targetting between 3 to 3.4% growth in Gross Domestic Product (GDP) next fiscal year, the country's Planning Minister Ashraf al-Arabi said on Saturday.

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RPT-Wielding sanctions as scalpel, Obama aimed for Putin's inner circle

(Repeats story with no changes to headline or text) By Warren Strobel, Anna Yukhananov and Lesley Wroughton WASHINGTON, March 22 (Reuters) - U.S. sanctions this week against Russia were carefully crafted in an attempt to target President Vladimir...

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Egypt targets 3-3.4% economic growth for 2014/15

Egypt is targetting between 3 to 3.4 percent growth in Gross Domestic Product (GDP) next fiscal year, the country's Planning Minister Ashraf al-Arabi said.

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RPT-In Washington state, Tesla finds way to share the road with dealers

(Repeats with no changes to headline or text) By Andy Sullivan March 22 (Reuters) - On President's Day last month, about 40 electric-car advocates gathered under the rotunda of the state capitol in Olympia, Washington, where a lobbyist for Tesla...

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China says suspicious object 120 km from possible debris announced by Australia-Xinhua

BEIJING, March 22 (Reuters) - A suspicious object spotted by a Chinese satellite was floating 120 km (72 miles) from possible debris announced by Australia in the search for a missing Malaysian jet, the official Xinhua news agency said on Saturday....

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China's central bank to focus on deposit rate reform, ease grip on yuan

BEIJING, March 22 (Reuters) - China&aposs central bank will focus on liberalising bank deposit rates over the next two years, while loosening its grip on the yuan currency to give greater influence to market forces, a vice governor of the People&aposs Bank of China said on Saturday."Our priority this year and next year is pushing forward reform of bank deposit rates," Yi Gang told an economic foru

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