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Imran Khan to explain speech as Pakistan court mulls contempt

  Bloomberg A court in Pakistan told former Prime Minister Imran Khan to explain in writing his angry comments against a female judge who had denied bail to Khan’s close aid, as it continues to mull initiating contempt proceedings against him. A five-judge panel headed by Chief Justice Athar Minallah directed the former leader to submit a response within a ...

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German inflation quickens to record as ECB weighs next hike

German inflation back to record level after summer dip

Bloomberg German inflation accelerated to the most since the euro was introduced on soaring energy prices, bolstering calls for a jumbo interest-rate increase when the European Central Bank meets next week. Consumer prices in Europe’s biggest economy, calculated under European Union harmonised standards, jumped 8.8% from a year ago in August, matching the median estimate in a Bloomberg survey of ...

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US job openings soar to 11.2 million in July

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  Bloomberg US job openings rise unexpectedly in July after a sizable upward revision to the previous month, underscoring persistent tightness in the labour market as employers compete for a limited supply of workers. The number of available positions edged up to 11.2 million in the month — topping all estimates — from a revised 11 million in June, the ...

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