LONDON (Bloomberg) –Every day, traders in London congregate at 4 p.m. to buy and sell North Sea oil for half an hour. The window, as it’s known in the industry, is where competition between the most powerful players in the market sets the price of Brent …
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HSBC faces a £1.3bn lawsuit brought by 371 investors relating to a Disney film financing scheme that was deemed to be a tax avoidance vehicle by HM Revenue & Customs. The investors have filed a claim at London’s High Court against HSBC UK for …
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The U.S. Food and Drug Administration is warning consumers not to buy hand sanitizer from a company based in Mexico, saying it contains a toxic substance. The FDA said the nine different hand sanitizers manufactured by Eskbiochem SA de CV may …
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By Asim Kamal (Eds: Correcting spelling in headline). New Delhi, Jun 22 () With pharmaceutical companies launching generic versions of Remdesivir and Favipiravir for COVID-19 treatment, medical experts on Monday said it was a “positive development” in …
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Britain came close to effective insolvency at the onset of the coronavirus crisis as financial markets plunged into turmoil, the governor of the Bank of England has said. Laying bare the scale of the national emergency at the early stages of the pandemic, …
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