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Maersk returns to Red Sea but Hapag-Lloyd says too dangerous

Shipping giant Maersk on Wednesday said it would operate several dozen container vessels via the Suez Canal and the Red Sea in the coming days and weeks despite recent attacks on vessels by Yemen's Houthi militant group.

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Powell warns inflation still too high

US interest rates could still be on the way to battle inflation that is "too high", Federal Reserve Chair Jerome Powell warned on Friday.

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