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Top News In ஆட்டோ ஜெநரேடெட் எச்சரிக்கை Today - Breaking & Trending Today

UK regulator says Issa's purchase of Asda raises some competition concerns

By Reuters Staff
1 Min Read
LONDON, April 20 (Reuters) - Britain’s competition regulator said on Tuesday it was concerned the Issa brothers and private equity group TDR Capital’s 6.8 billion pound ($9.5 billion) takeover of the Asda supermarket chain could lead to higher fuel prices for UK motorists.
The Competition and Markets Authority (CMA) said it has given the buyers five working days to offer legally binding proposals to address the competition concerns identified to avoid an in-depth phase 2 investigation. ($1 = 0.7153 pounds) (Reporting by James Davey; editing by Michael Holden) ....

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Canada adds 259,200 jobs in February, unemployment rate falls to 8.2%

By Reuters Staff
1 Min Read
OTTAWA, March 12 (Reuters) - Canada added 259,200 jobs in February, the biggest increase since September 2020 and handily beating analyst estimates, and the unemployment rate fell to 8.2%, Statistics Canada data showed on Friday.
Analysts had expected a gain of 75,000 jobs, with an unemployment rate of 9.2%. (Reporting by Julie Gordon in Ottawa; Editing by Alex Richardson) ....

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UPDATE 2-Britain's Standard Life Aberdeen cuts dividend as profit falls

Standard Life Aberdeen said on Tuesday it was cutting its dividend after adjusted full-year profits fell 16.6% to 487 million pounds ($674 million) and as the British asset manager reconfigures its global operations with a renewed focus on Asia. ....

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UPDATE 1-China forex reserves fell to $3.205 trln in Feb

By Reuters Staff
(Adds details, background)
BEIJING, March 7 (Reuters) - China’s foreign exchange reserves fell less than expected in February, official data showed on Sunday, due to valuation effects.
The country’s foreign exchange reserves, the world’s largest, fell $5.677 billion to $3.205 trillion last month, compared with $3.200 trillion tipped in a Reuters poll of analysts and $3.211 trillion in January.
Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major economies in its recovery from the COVID-19 pandemic.
The yuan fell 0.59% against the dollar in February, while the dollar rose 0.43% last month against a basket of other major currencies. ....

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China forex reserves fell to $3.205 trln in Feb

By Reuters Staff
1 Min Read
BEIJING, March 7 (Reuters) - China’s foreign exchange reserves fell less than expected in February, official data showed on Sunday.
The country’s foreign exchange reserves, the world’s largest fell to $3.205 trillion last month, compared with $3.200 trillion tipped in a Reuters poll of analysts and $3.211 trillion in January. (Reporting by Hallie Gu, Yingzhi Yang, and Ryan Woo; Editing by William Mallard) ....

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