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Saudi Arabia may tap debt market as oil output cuts hit revenues: sources
By Davide Barbuscia and Yousef Saba DUBAI (Reuters) – Saudi Arabia is likely to sell new international bonds soon as Sunday’s historic deal to cut oil output among major producers puts further pressure on revenues already hurt by the collapse in crude prices, four banking sources said. Riyadh increased its debt ceiling to 50% of […]
Covid-19 coronavirus: Boris Johnson cancels Christmas for millions in England as new strain spreads rapidly
UK Prime Minister Boris Johnson has cancelled Christmas for millions of people across London and south-east England after scientists said that a new coronavirus variant is spreading more rapidly. Johnson announced that from Sunday areas in the South East currently in Tier 3 will be moved into a new Tier 4 – effectively returning to […]
UK property asking prices rise again, close to new high: Rightmove
LONDON (Reuters) – Asking prices for British houses put on sale have extended a rise which began after Prime Minister Boris Johnson’s election victory in December, property website Rightmove said on Monday. Rightmove said average asking prices of property marketed between Jan. 12 and Feb. 8 rose by a monthly 0.8%, slower than a 2.3% […]