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Indias Emcure Pharma Jumps 35 in Debut Trade at 223M Valuation

BENGALURU, July 10 Reuters Indian drugmaker Emcure Pharmaceuticals39; shares rose 34.9 in debut trade on Wednesday, beating analysts39; estimates and valuing the company at 18.64 billion rupees 223.3 million, as its strong presence in women39;s healthcare and HIV treatments drew investors. In an IPO market where over 100 companies raised more than 4.6 billion so far […]
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UK Pub Group J D Wetherspoons Sales Growth Slows

July 10 Reuters British pub group J D Wetherspoon reported slower sales growth in the 10 weeks of the fourth quarter on Wednesday, hurt by cost pressures in labour and some raw materials. The group, which owns and operates pubs across the UK and Ireland, posted a 5.8 rise in likeforlike sales in the 10 weeks […]
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New UK Govt Puts Wealth Fund at Heart of Investment Push

LONDON, July 9 Reuters Britain39;s new government took a first step on Tuesday to boost public and private investment to modernise the economy, placing a National Wealth Fund to sit atop the existing stateowned British Business Bank and UK Infrastructure Bank. Prime Minister Keir Starmer and his finance minister Rachel Reeves hope to attract investment […]
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Indonesia and US Seal 35 mln Coral Reef Debt Swap

LONDON, Reuters The U.S. has agreed to forgive 35 million of Indonesian debt over the next nine years, the U.S. Treasury said on Monday, in return for the Southeast Asian country restoring and preserving coral reefs in what experts estimate is the world39;s most biodiverse patch of ocean. Coral reefs are under increasing threat globally, due […]
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