Goldman Sachs, Abu Dhabi ink $1 billion investment partnership for Asia Pacific

An Emirati woman paddles a canoe past skyscrapers in Abu Dhabi, United Arab Emirates, on Wednesday, Oct. 2, 2019.Christopher Pike | Bloomberg | Getty ImagesDUBAI, United Arab Emirates — Goldman Sachs and Abu Dhabi sovereign wealth fund Mubadala on Monday signed a $1 billion private credit partnership to co-invest...

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Germany’s housebuilding sector is ‘in a confidence crisis’

A construction site with new apartments in newly built apartment buildings.Patrick Pleul | Picture Alliance | Getty ImagesGermany's housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy."The housebuilding sector is, I would say, a little...

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Germany slashes 2024 growth forecast to just 0.2% amid slower-than-expected rebound

Robert Habeck, German Minister for Economy and Climate Protection and Vice Chancellor, is pictured during the weekly meeting of the cabinet on February 21, 2024 in Berlin, Germany.Florian Gaertner | Photothek | Getty ImagesGermany's gross domestic product is now expected to grow by 0.2% this year, down from a...

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January wholesale prices rise more than expected, another sign of persistent inflation

Customers shop at a Costco Wholesale store on December 15, 2023 in Miami, Florida.Joe Raedle | Getty Images News | Getty ImagesWholesale prices rose more than expected in January, further complicating the inflation picture, according to a Labor Department report Friday.The producer price index, a measure of prices received...

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U.K. retail rebound provides glimmer of light for recession-hit nation

A general view of a kiosk near Charing Cross station in London, England, on January 20, 2024. (Photo by Alberto Pezzali/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesLONDON — Stronger-than-expected January retail sales provided a glimmer of light for the struggling British economy on Friday — and suggest...

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