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15.02.26 - 02:36
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Policy backing steadies China property outlook, but full rebound still elusive (SCMP)
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Local government support has lifted sentiment in China's struggling property sector ahead of the spring sales season, but analysts remain divided on the outlook as structural pressures persist.
New and existing home prices across 70 major mainland cities fell at a slower pace month on month in January, while annual declines widened, according to data released by the National Bureau of Statistics (NBS) on Friday.
New home prices in the four tier-one cities dropped 2.1 per cent year on year, 0.4......
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14.02.26 - 18:21
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Venezuela Oil Revenue Projected To Hit $5 Billion Under U.S. Control (ZeroHedge)
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Venezuela Oil Revenue Projected To Hit $5 Billion Under U.S. Control
By Tsvetana Paraskova of OilPrice.com,
Venezuela's oil sales, under the control of the United States for five weeks now, are set to bring $5 billion over the next few months, U.S. Energy Secretary Chris Wright told NBC News in an interview.
“Sales today are over a billion dollars, and in fact, we have sort of short-term agreements over the next few months that will bring in another $5 billion,” Secretary Wright said in the interview during a historic visit to Venezuela to meet with the interim President Delcy Rodríguez.
The United States has already transferred $500 million in proceeds from sales of Venezuelan crude oil to Caracas, following the deal agreed by the two governments in January.
All the money from the oil sales, handled by top commodity traders Vitol and Trafigura, goes back to Venezuela from a U.S. Treasury-controlled account, Secretary Chris told NBC News.
There is a lot of work to be do...
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14.02.26 - 09:00
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Pension annuity sales hit record as average pot exceeds £80,000 (The Guardian)
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Rachel Reeves's inheritance tax changes encourage more people to invest in previously unloved product The government's “inheritance tax raid” on pensions has helped drive sales of retirement annuities to new highs.Industry data this week revealed they enjoyed a “record-breaking” 2025, with sales growing by 4% to £7.4bn and the average amount invested in an annuity surpassing £80,000 for the first time. Continue reading......
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13.02.26 - 23:54
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Exact Sciences Q4 Loss Narrows As Revenues Gain (AFX)
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WASHINGTON (dpa-AFX) - Exact Sciences Corporation (EXAS) on Friday, reported higher revenue for both the fourth quarter and full year ended December 31, 2025, while significantly narrowing its los......
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