Archive for the December 31, 2017
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Companies seeking to "bulk up" to offset the uncertainty caused by Britain's looming EU exit helped to spur a near doubling of domestic mergers and acquisition activity this year, according to Thomson Reuters data. The
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Swiss-based trading and mining giant Glencore Plc has partly completed the sale of a 51 percent stake in its storage and logistics businesses to a unit of China's HNA Group, although transfer of some assets
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China's central bank said it will gradually raise the reserve funds ratio of third-party payment firms to 50 percent by April 2018 from a current rate of 20 percent, as it continues to ramp up
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China's central bank said it will gradually raise the reserve funds ratio of third-party payment firms to 50 percent by April 2018 from a current rate of 20 percent, as it continues to ramp up
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British Airways' owner IAG said on Friday it would buy Niki, Air Berlin's insolvent Austrian holiday airline, for 20 million euros ($24.01 million) and provide additional liquidity to the company of up to 16.5 million
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Keppel Corp's rig-building unit has taken disciplinary action against 17 current and former employees as part of its Brazil bribery case, a US court document showed, including $8.9 million of financial sanctions, demotions and departures.
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The International Monetary Fund (IMF) on Friday raised its outlook for Argentina's economic growth to 2.8 percent in 2017, up from 2.5 percent seen in October, while keeping its forecast for 2018 growth steady at
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Georgia's economy expanded by 4.8 percent year-on-year in the first 11 months of 2017, official data showed on Saturday, up from 2.4 percent in the same period of 2016. Economic growth accelerated thanks to higher
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Chinese authorities have recouped 730 million yuan ($112.20 million) in misappropriated funds as part of an investigation into the country's national poverty-reduction scheme, the official Xinhua news agency reported on Saturday. Nearly 450 people have
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Chinese authorities have recouped 730 million yuan ($112.20 million) in misappropriated funds as part of an investigation into the country's national poverty-reduction scheme, the official Xinhua news agency reported on Saturday. Nearly 450 people have
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