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Indonesia may raise fuel prices by 30% to 40% to manage fiscal pressure from a ballooning subsidy budget, three lawmakers from parliament's energy committee told Reuters on Friday.

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(RTTNews) - U.K. stocks opened slightly higher on Friday to extend gains from the previous session, with commodity-related shares and banks pacing the gainers ahead of Fed Chair Powell's speech at the Jackson Hole Symposium later in the day.

Deere & Company (NYSE: DE) just reported fiscal 2022 third-quarter (ended July 31) numbers that struck a similar tone to those of other industrial companies this year. Higher costs, supply chain issues, and decreased guidance are themes that have been common throughout the fi

Malaysia's government will present its budget for 2023 to parliament on Oct. 7, earlier than originally scheduled, news portal Malaysiakini reported on Friday, citing the country's law minister Wan Junaidi Tuanku Jaafar.

European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to rising energy costs and the path for U.S. interest rate hikes ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

Image source: The Motley Fool.

(RTTNews) - The boards of OpenText and Micro Focus have reached agreement on the terms of a recommended cash acquisition to be made by OpenText, through its subsidiary, Bidco, of the entire issued and to be issued share capital of Micro Focus. Each Micro Focus shareholder will be

The Indian rupee is likely to struggle against the dollar as slowing global growth and the Federal Reserve's interest rate stance overshadows Reserve Bank of India's intervention, Societe General suggested in a note on Friday.

Crisis-hit airline SAS on Friday reported a deeper May-July loss than a year ago and said it remained cautious of the upcoming winter season as COVID-19 restrictions and geopolitical uncertainties persist.

Dutch railway workers have gone on strike on Friday in the western part of the country, the most populated one, as they seek pay increases to compensate for sky-rocketing inflation.

The cost of energy for British consumers will rise by 80% from October, regulator Ofgem said on Friday, taking average annual household bills to 3,549 pounds ($4,188).

Norway will not instruct energy companies to offer long-term fixed-price gas contracts as a way to alleviate soaring costs for European customers, the country's oil minister wrote in a letter to parliament late on Thursday.

Turkish sports presenter Sinem Okten was surprised to see her visa application to Europe's Schengen area rejected twice, having visited often to cover matches and interview figures like Italian keeper Gianluigi Buffon and Liverpool's Juergen Klopp.

German consumer sentiment is projected to hit a record low for the third month in a row in September as households brace for energy bills to go through the roof, a survey showed on Friday.