In an interview, ex-FDIC chief Sheila Bair says weakening the post-crisis rules is wrongheaded and that a Monte Paschi-type event could happen
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Dec 16 (Reuters) – Saudi Arabia’s stock market rose on Monday, extending gains from the previous session helped by banking shares, while most other major Gulf markets were also up. Saudi’s benchmark index .TASI gained 0.6%, with Al Rajhi Bank 1120.
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STOCKHOLM (Reuters) – Appliance maker Electrolux AB (ELUXb.ST) said on Sunday its North American business would take a higher than forecast $70 million earnings hit in the fourth quarter, partly due to extra costs related to its move into a new facility in …
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Hong Kong authorities have taken out an advertisement overseas for the second time in three months, aiming to reassure the world that the Asian
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Adds premium, Chairman quote, cost savings, shareholder vote, background. Dec 16 (Reuters) – Britain’s Cineworld Group Plc CINE.L said on Monday it will buy Canada’s Cineplex Inc CGX.TO for $2.1 billion, including debt, making it the largest cinema …
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