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Russian Rouble Firms ahead of Three OFZ Bond Auctions

MOSCOW, Nov 23 Reuters The Russian rouble strengthened on Wednesday ahead of three OFZ treasury bond auctions by the finance ministry, as the market awaited information on a price cap on Russian oil exports. At 0802 GMT, the rouble was 0.3 stronger against the dollar at 60.48 and had lost 0.1 to trade at 62.37 […]
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Glencore to Sell Australian Copper Mine to SPAC for 1.1 bln

Nov 23 Reuters Glencore said on Wednesday that blankcheck firm Metal Acquisition Corp MAC agreed to an amended agreement to buy the global miner39;s Cobar copper mine in Australia in a deal valued at 1.1 billion. Glencore said the terms include Glencore receiving 1.1 billion, as originally agreed in a March deal, but with amended payment terms […]
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Israel Discount Bank Reports Higher Third Quarter Profit

JERUSALEM, Nov 23 Reuters Israel Discount Bank on Wednesday reported a 31 jump in thirdquarter profit, with higher interest rates boosting financing income. Discount, Israel39;s fourthlargest bank by assets, said it earned a net 893 million shekels 258 million in the quarter, up from 722 million a year earlier. Net interest income rose 10 to 2.28 […]
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UKs Halfords says Motor Servicing Demand Strong

Nov 23 Reuters British bikes and car parts retailer Halfords is seeing strong demand for motor servicing and is planning to hire 1,000 technicians in the next 12 months, it said on Wednesday, even as discretionary spending softened. The retailer said it now expects underlying profit before tax to come in at the lower end of […]
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Credit Suisse Flags FourthQuarter Loss of Up to 1.58 bln

Bank gives details of latest profit warning Analyst highlights asset outflows Seeks shareholder approval for 4 bln capital hike Shares open lower following update ZURICH, Nov 23 Reuters Credit Suisse expects to make a pretax loss of up to 1.5 billion Swiss francs 1.58 billion in its fourth quarter, as the Swiss bank prepares to seek […]
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ECB Set to Raise Deposit Rate 50 bps Economists

LONDON, Nov 22 Reuters The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid price growth is becoming entrenched, despite the bloc almost certainly entering recession, a Reuters poll found. Inflation in the region has soared due to surging energy prices […]
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Britain Takes First Step to Regulate Company ESG Raters

LONDON, Nov 22 Reuters Providers of environment, social and governance ESG ratings on companies will be asked to apply a voluntary best practice code as a first step to regulating the sector, Britain39;s Financial Conduct Authority said on Tuesday. Trillions of dollars have flowed into sustainable investments globally using unregulated ESG ratings on companies as […]
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