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COLOMBO (Reuters) – Sri Lanka’s central bank kept interest rates unchanged on Friday in line with expectations as the island...

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Cassava Sciences shares fall after SEC charges for misleading Alzheimer’s drug trial claims

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WASHINGTON (Reuters) -Shares of Cassava Sciences (NASDAQ:SAVA) fell 10% in post-market trading on Thursday after the U.S. Securities and Exchange...

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Moncler CEO strengthens grip on company with LVMH deal

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By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the...

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Column-China’s FX conundrum mutes stimulus optimism: McGeever

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By Jamie McGeever ORLANDO, Florida (Reuters) – It’s safe to say that the timing and scale of the stimulus measures...

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Australia’s Star Entertainment plunges after multi-billion-dollar loss

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(Reuters) – Shares in Australia’s no.2 casino operator Star Entertainment slumped over 50% to a record low on Friday, as...

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China cuts banks’ reserve ratio as economic growth sputters

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BEIJING (Reuters) -China’s central bank said on Friday it would cut the amount of cash that banks must hold as...

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Fitch says Brazil’s fiscal challenges persist and will intensify next year

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BRASILIA (Reuters) – Ratings agency Fitch said on Thursday that Brazil’s better-than-expected economy has not translated into stronger public finances,...

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Morning Bid: Roaring Chinese stocks set for best week in a decade

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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Will this week be Chinese President...

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Fed’s Cook says she ‘wholeheartedly’ supported half-point rate cut

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(Reuters) – Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank’s 50-basis-point interest-rate cut last week as...

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Audit reveals Senegal’s debt and deficit higher than reported

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