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Fed begins rate talks that could herald end of hikes
Fed begins rate talks that could herald end of hikes
by  AFP

The US Federal Reserve kicked off a two-day meeting Tuesday morning to decide whether to raise its benchmark lending rate for a 10th -- and possibly final -- time to tackle rising prices. Futures traders also see a more than 95 percent chance that the Fed will raise its benchmark lending rate by 25 basis points on Wednesday, according to CME Group.

Uber shares jump as it reports higher sales
Uber shares jump as it reports higher sales
by  AFP

Uber shares rocketed higher early Tuesday after the ride-hailing and delivery company reported a jump in revenues amid rising demand. Pointing to robust activity in numerous markets, the company reported a 29 percent jump in first-quarter revenues to $8.8 billion, with much higher gross bookings in both mobility and delivery.

Germany's Scholz in quest for Kenya clean energy deals
Germany's Scholz in quest for Kenya clean energy deals
by  AFP

Chancellor Olaf Scholz heads Thursday to East Africa, seeking clean energy partnerships particularly with "trailblazer" Kenya where 90 percent of power needs are covered by renewables. Kenya is already Germany's biggest trading partner from East Africa and is planning to fully cover its energy needs with renewables by 2030.

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