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Stock markets diverge going into weekend
Global stock markets diverged Friday in an end to a week’s trading dominated by earnings updates and angst over rising bond yields amid US election uncertainty.Wall Street stocks finished the day mixed, with the Nasdaq pressing higher and the Dow pulling back.Besides the neck-and-neck US election, investors are looking ahead to major economic data next …
BHP, Vale agree to pay $30bn damages for Brazil dam disaster
Mining giants BHP and Vale on Friday signed a deal with Brazil’s government to pay nearly $30 billion in damages for a 2015 dam collapse that triggered the country’s worst environmental disaster.President Luiz Inacio Lula da Silva attended the signing of the deal over the November 5, 2015 collapse of a tailings dam at a …
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France must make ‘credible’ progress on deficit: finance minister
France must take “credible” steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country’s sovereign debt.Antoine Armand spoke to AFP on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank in Washington ahead of …
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