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Blackstone strikes chord with $1.6 bn bid for UK music firm

Struggling UK music rights owner Hipgnosis Songs Fund agreed Monday to an improved $1.6-billion takeover from US private equity firm Blackstone, which trumped a...

Mass protests in Canary Islands decry overtourism

Tens of thousands of demonstrators hit the streets across Spain's Canary Islands on Saturday to demand changes to the model of mass tourism they...

Germany cuts 2024 growth forecast as economic woes pile up

The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe's largest economy was in "difficult waters" as it faced a...

US arm of China mega-lender ICBC hit by ransomware attack

The US arm of China's largest bank said it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US...

IMF chief calls on central banks to continue inflation fight

Central banks around the world should keep battling inflation by hiking interest rates despite ongoing concerns about financial stability, the head of the International...

Airbus tops Boeing in 2022 plane orders and deliveries

Airbus consolidated its leadership in civil aviation for 2022 on Tuesday, reporting more orders and deliveries than American archrival Boeing as both companies contend...

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