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Enbridge Bets Big on US Gas with 14B Bid for Dominion Utilities

Reuters Enbridge will buy three utilities from Dominion Energy for 14 billion including debt, the Canadian pipeline operator said on Tuesday, creating North America39;s largest natural gas provider and doubling its gas distribution business. The deal is seen as a bet on the future of natural gas in a regulated market even as energy companies and consumers […]
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Oil Edges Lower as Markets Shrug Off Supply Jitters

NEW DELHI, Sept 6 Reuters Oil prices reversed course on Wednesday after rising over 1 in the previous session, as investors shrugged off jitters arising from supply cuts from Saudi Arabia and Russia and a firm dollar capped the upside. Brent crude futures were down by 9 cents to 89.95 a barrel at 0657 GMT. […]
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Sterling Languishes as Dollar King of the Currencies

LONDON, Sept 6 Reuters Sterling was slumped near a threemonth low against a resurgent dollar on Wednesday and also lost ground on the euro, as global growth jitters, high energy prices, and higher U.S. yields remained supportive of the greenback. The pound was last a touch lower against the dollar at 1.2556 having shed 0.5 […]
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FTSE 100 Dragged Down by Global Gloom, Barratt Warning

FTSE 100 down 0.5, FTSE 250 falls 0.4 Sept 6 Reuters UK39;s FTSE 100 slipped on Wednesday as recent soft economic data from China and Europe continued to weigh on global sentiment, while shares of Barratt Developments fell after the homebuilder warned of a tough housing market environment. The exporterheavy FTSE 100 index dropped 0.5 in […]
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Economists Cut Singapore 2023 Growth and Inflation Forecasts survey

SINGAPORE, Sept 6 Reuters Economists have downgraded Singapore39;s 2023 growth forecasts and inflation expectations, according to a survey by the country39;s central bank published on Wednesday, with spillovers from an external growth slowdown cited as the top risk. The median forecast of 22 economists surveyed by the Monetary Authority of Singapore MAS is for Singapore39;s […]
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Chinas Exports, Imports Likely Contracted more Slowly in August, Reuters Poll Shows

BEIJING, Sept 5 Reuters China39;s exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers remain under pressure after outbound shipments recorded their worst performance since February 2020 last month. Data for August are expected to show a 9.2 fall in exports from a year earlier, following […]
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