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Italy plans 21-billion euro asset sell-off to keep debt in check By Reuters
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Italy plans 21-billion euro asset sell-off to keep debt in check By Reuters

© Reuters. FILE PHOTO: Italian Prime Minister Giorgia Meloni holds her end-of-year news conference in Rome, Italy, December 29, 2022. REUTERS/Guglielmo Mangiapane/File Photo By Giuseppe Fonte ROME (Reuters) – Italy aims to raise at least 1% of gross domestic product (GDP), or roughly 21 billion euros ($22.2 billion), through asset sales between 2024 and 2026,...

According to a report, Emaar plans to build large residential projects in Saudi Arabia – PropertyNews.ae
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According to a report, Emaar plans to build large residential projects in Saudi Arabia – PropertyNews.ae

According to Bloomberg, Founder and Managing Director Mohamed Alabbar is in talks with Saudi Arabia’s housing ministry to create sizable mixed-use buildings there. Emaar Properties is the largest developer in Dubai. The developer will likely start working on a 4,000-unit housing project if “an agreement is reached with the ministry,” Bloomberg reported. “We’re in serious...

Shutdown looms as US Senate, House advance separate spending plans By Reuters
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Shutdown looms as US Senate, House advance separate spending plans By Reuters

© Reuters. FILE PHOTO: A general view of the U.S. Capitol in Washington, U.S. September 25, 2023. REUTERS/Jonathan Ernst/File Photo By Moira Warburton and David Morgan WASHINGTON (Reuters) – The Democratic-led U.S. Senate forged ahead on Thursday with a bipartisan stopgap funding bill aimed at averting a fourth partial government shutdown in a decade, while...

Mexico’s Banorte plans to hire up to 1,200 people to tap into nearshoring By Reuters
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Mexico’s Banorte plans to hire up to 1,200 people to tap into nearshoring By Reuters

© Reuters. FILE PHOTO: A general view shows the of headquarters of Banorte Bank in Monterrey, Mexico, June 17, 2019. Picture taken June 17, 2019. REUTERS/Daniel Becerril/File Photo By Marion Giraldo MEXICO CITY (Reuters) – Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an...

Amazon Pay expands festive offers in India, plans to increase credit card partnerships By Investing.com
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Amazon Pay expands festive offers in India, plans to increase credit card partnerships By Investing.com

© Reuters Amazon (NASDAQ:) Pay, Amazon’s online payments processing service, announced exclusive festive season offers for debit and credit cardholders of State Bank of India (SBI) on Wednesday. The partnership aims to serve over 30 crore Indian customers, including Rupay cardholders. Vikas Bansal, whole-time director at Amazon Pay, highlighted the company’s diverse payment products in...

FCC announces plans to resurrect net neutrality rules
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FCC announces plans to resurrect net neutrality rules

Photo by Steven Ferdman / Getty Images The US Federal Communications Commission (FCC) has announced plans to reinstate landmark net neutrality rules meant to guarantee fair access to the internet and its information, five years after they were repealed by then-president Donald Trump in 2018. Previous net neutrality rules adopted in 2015 classified broadband service...

FCC announces plans to reinstate net neutrality | TechCrunch
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FCC announces plans to reinstate net neutrality | TechCrunch

Net neutrality is back on the menu, citizens. After a long, long battle ending in eventual defeat during Trump’s presidency, the FCC is set to reinstate rules that broadband providers must treat all traffic equally, giving no sweetheart deals to business partners or their own services. The effort to revive this popular rule was announced...

Sai Silks reports significant profit rise, plans to open new stores with IPO funds By Investing.com
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Sai Silks reports significant profit rise, plans to open new stores with IPO funds By Investing.com

© Reuters. In a turn of events on Tuesday, Sai Silks (Kalamandir) Ltd (NS:) reported a 69.1% net profit rise and a 19.7% revenue increase for the financial year 2023. The company successfully raised INR 1,201 crore through an initial public offering (IPO), which was backed by global marquee investors. The funds procured from the IPO are...