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Dubai, Abu Dhabi bourses end higher on Fed rate cheer

Stock markets in the United Arab Emirates ended higher on Friday on expectations that the Federal Reserve was close to the end of its rate-hike cycle.

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Barsi-backed Unipar offers 43% premium for stake in Brazil's Braskem

Shares of Brazilian petrochemical firm Braskem soared on Monday after it confirmed a bid from Unipar Carbocloro for a controlling stake in the company at a premium of more than 40% over its previous closing price.

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Barclays Private Bank makes senior appointments in Singapore - statement

Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in a move to tap into the influx of wealth and growth of family offices in the city-state.

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Crypto insurer Evertas authorized to offer largest single crypto insurance policy

London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420 million for custodians or exchanges in what the U.S firm said is the highest in the industry.

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G7's China investment continues even as members 'de-risk' - Germany's Scholz

Members of the Group of Seven rich nations will ensure big investments in China continue even as they pare risky exposure to the world's second-largest economy, Germany Chancellor Olaf Scholz said on Sunday.

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Analysis: Vodafone's new CEO faces tough calls to reconnect with investors

When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise.

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Sick of sewage, Britons protest at water companies' pollution

Thousands of Britons took to the sea and rivers on Saturday to demand an end to sewage pollution by water companies, highlighting a topic that is likely to be an issue at the next general election.

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Vodafone to cut 11,000 jobs, forecasts flat earnings

New Vodafone boss Margherita Della Valle said on Tuesday she would cut 11,000 jobs over three years to simplify the telecoms group and regain its competitive edge as it forecast a 1.5 billion euro drop in free cash flow this year.

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Vietnam's Tesla debuts with wrong kind of power

Pham Nhat Vuong is arriving in the United States in so-so 2021 style. Vietnam’s richest man is taking his electric-vehicle company, VinFast, public at a punchy valuation through a merger with casino mogul Lawrence Ho’s special-purpose acquisition company. It values the group at $27 billion and secures it a listing in the U.S. where the money-losing entity wants to sell more vehicles. But it needs funding to grow too, and the inflated deal doesn’t help much.

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