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Central banks and the return of the unreliable boyfriend
Their rhetoric is starting to lack credibility as powerful economic headwinds emerge
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The west wavers on Ukraine
The next week could be critical for the country’s future. Having promised open-ended support, the US and EU are struggling to provide new funding
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Trafigura triples payouts to staff to record $5.9bn
Commodities trader also flags slowdown as energy crisis unleashed by Russian invasion of Ukraine eases
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French AI start-up Mistral secures €2bn valuation
Eight-month-old group set to close roughly €400mn funding round as early as Friday, in new deal lead by Andreessen Horowitz
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Building costs at deflation ‘tipping point’ says Berkeley Group
UK housebuilder says prices for materials starting to fall after period of double-digit inflation
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UK public’s inflation expectations fall to two-year low
Bank of England survey supports view that central bank will not need to raise interest rates at its meeting next week
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US economy adds 199,000 jobs in November
Non-farm payrolls rise sharply while unemployment rate slides to 3.7%
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Chanel decamps to Manchester in search of a bit of northern grit
The high-end fashion brand came to a city backstreet for a rainswept runway show
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