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European Stocks Close Higher after US Jobs Data

European stocks closed higher Friday after stronger-than-expected US job growth and a drop in the unemployment rate to 4.1 percent, suggesting there is no need for a major interest rate cut until the end of the year.

The pan-European Stoxx 600 index …

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FAO Food Price Index rises in September

ROME: The benchmark for world food commodity prices saw its fastest increase in 18 months in September, with quotations up for all covered commodity groups, led by sugar, the Food and Agriculture Organisation of the United Nations (FAO) reported Frida…

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FAO Food Price Index rises in September

ROME: The benchmark for world food commodity prices saw its fastest increase in 18 months in September, with quotations up for all covered commodity groups, led by sugar, the Food and Agriculture Organisation of the United Nations (FAO) reported Frida…

Read More »

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