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First US congestion pricing scheme brings dramatic drop in NY traffic
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| Speeds along bridges and tunnels to Manhattan are sharply up and roads are much less clogged |
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Do Indians work too much?
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| An executive in the country has gone viral for saying workers should be in the office on Sundays |
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Dealmakers fear Trump diplomacy will put cross-border deals on ice
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| The president-elect is expected to use all government agencies to push other countries to support his agenda |
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The cold reality of developing Greenland
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| The potential for business seems huge but so are the challenges |
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Chinese citizens’ doubts grow over official growth claims
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| Government expected to announce GDP expanded about 5% in 2024 but many feel economy is in recession |
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Listen to the barbarian at the UK investment trust gate
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| Boaz Weinstein’s assault on a historic financial sector reveals an opportunity for other investors |
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UK councils say government ‘can’t have it both ways’ on pension reform
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| Town halls in England and Wales warn that requirement to take ‘principal advice’ from pools could create conflict of interest |
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Pension funds dabble in crypto after massive bitcoin rally
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| Interest from typically conservative schemes has grown following launch of US crypto ETFs |
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Managers roll out record number of defence funds in Asia-Pacific
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| A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023 |
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Has China already reached peak oil?
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| The country’s demand for crude seems to be plateauing sooner than expected. The implications are huge |
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Europe’s ‘super-regulator’ role is under threat
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| If the Trump administration adopts a combative stance on tech and trade, the EU must be prepared to respond |
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US defence industry braces for tech shake-up under Trump
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| Uncertainty over spending and fears of disruption from new players weigh on shares of large contractors |
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TikTok’s rivals can expect revenue and user gains if US bans app
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| Advertising bosses say Meta and YouTube will be ‘clear beneficiaries’ if the viral video app goes ‘dark’ on Sunday |
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Governments are changing in Serco’s key markets. So is its CEO
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| Mark Irwin announced retirement from UK contractor days before Trump’s inauguration |
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Ardian raises largest fund to take advantage of PE exit drought
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| French firm closes $30bn vehicle to buy up unwanted holdings in funds from investors seeking to cash out |
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The key to dealing with Trump is for Europe not to play the victim
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| EU member states should not be in a hurry to appease the new US president |
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An anti-Japan tirade takes the US back in time
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| Attack by Cleveland CEO is symptomatic of an abrasive environment building as Trump inauguration nears |
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The costly calamity in Los Angeles
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| Unwise policies worsened the damage, and insurance squeeze, from wildfires |
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Quality control merger fails the investor smell test
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| A putative tie-up between Switzerland’s SGS and France’s Bureau Veritas sent the combined market capitalisation dipping |
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While Silicon Valley bows to Trump, Wall Street doesn’t need to
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| But banks can buy friends in a different way — paying cash back to shareholders |
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