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The best — and worst — countries to retire in Europe

Amsterdam, The Netherlands. Alexander Spatari | Moment | Getty Images Moving to another country to eventually retire requires a lot of careful research and planning, taking into account social security, health care, and finances. U.S. consultancy Mercer issues a closely-watched annual report that analyzes 47 different retirement income systems around …

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Tui surges 9% on full-year results, profit forecast

A Boeing 787 ‘Dreamliner’ plane with the logo of tourism giant TUI at Hanover airport in Langenhagen, central Germany. JULIAN STRATENSCHULTE | AFP | Getty Images Shares of Tui were roughly 9% higher mid-morning Wednesday after the German travel group posted full-year results that showed underlying earnings before interest and taxes (EBIT) soared 139%. Revenue …

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World’s largest iceberg A23a is on the move, stoking climate concerns

DUBAI, United Arab Emirates — Thousands of miles from the U.N.’s climate summit in the Middle East, the world’s largest iceberg is on the move for the first time in more than 35 years. Scientists believe the juggernaut’s breakaway from Antarctica was a natural occurrence, but say it provides a …

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Ericsson up 9% on AT&T network deal as Nokia plunges to three-year low

Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Shares of Finland’s Nokia plunged to a three-year-low, as the telecoms company lost out on a major deal to roll out a new telecoms network in the U.S. …

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A fossil fuel fight takes center stage at the COP28 climate summit

Sultan al-Jaber, president of the UNFCCC COP28 climate conference, speaks during day two of the summit on Dec. 2, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images News | Getty Images Dubai, UNITED ARAB EMIRATES — A fight over the future of fossil fuels has been thrust …

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IMF chief makes the case for carbon pricing at COP28 climate talks

Kristalina Georgieva, managing director of the International Monetary Fund, speaks during the Singapore FinTech Festival in Singapore, on Wednesday, Nov. 15, 2023. Bloomberg | Bloomberg | Getty Images Dubai, UNITED ARAB EMIRATES — The head of the International Monetary Fund on Sunday underlined the case for carbon pricing at the …

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Sweden expects Turkey to approve its NATO membership ‘within weeks’

Turkish President Recep Tayyip Erdoğan (left) and Swedish Prime Minister Ulf Kristersson shake hands in front of NATO Secretary-General Jens Stoltenberg prior to their meeting, on the eve of the NATO summit in Vilnius on July 10, 2023. Yves Herman | Afp | Getty Images BRUSSELS — Sweden expects Turkey …

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A showdown is brewing over money, oil and carbon

In this aerial view water vapour and exhaust rise from the steel mill of Salzgitter AG, one Europe’s largest steel producers, on November 22, 2023 in Salzgitter, Germany. Sean Gallup | Getty Images News | Getty Images Policymakers and business leaders from across the globe are set to arrive in …

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What comes next after shock far-right victory

SCHEVENINGEN, NETHERLANDS – NOVEMBER 22: Geert Wilders, Dutch right-wing politician and leader of the Party for Freedom (PVV), reacts to the exit poll and early results that strongly indicate a victory for his party in the Dutch elections on November 22, 2023 in Scheveningen, Netherlands. Dutch voters have gone to …

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Several risks could spark market correction

Markets may be failing to fully price in risks from geopolitics and the economic outlook — and the European Central Bank is monitoring this as a potential threat to financial stability, the group’s vice-president said Wednesday. “Markets have a very good perception, or illusion, of the macro economy. They believe …

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