Closing Bell: Sensex, Nifty end on a sombre note, pharma stocks gain strong

Closing Bell: Sensex, Nifty end on a sombre note, pharma stocks gain strong

3:30 pm Market at Close: The Indian market ended the session and the truncated week on a subdued note, with the Nifty holding on to 9850-mark. The Sensex was up 28.05 points at 31596.06, while the Nifty was up 4.55 points...
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Money laundering probe exposes Australian banks’ compliance frailties

Money laundering probe exposes Australian banks’ compliance frailties

HONG KONG/SYDNEY (Reuters) – A money laundering probe at Commonwealth Bank of Australia (CBA.AX) is the latest in a slew of scandals denting the reputation of Australian banks as simple, reliable lenders at the forefront in the battle against financial.....
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The 48 Frantic Hours Before CEOs Broke With Trump

The 48 Frantic Hours Before CEOs Broke With Trump

Even before President Donald Trump began speaking at Trump Tower on Tuesday afternoon, America’s most prominent CEOs knew they had a problem. In the days following the racially charged violence in Virginia, where white supremacists marched with swastikas and...
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Macron’s First Effort to Shake Up the Economy Is Catching On

Macron’s First Effort to Shake Up the Economy Is Catching On

It’s vacation time in France, and the fleets of buses plying the nation’s highways suggest President Emmanuel Macron’s earliest effort to shake up the economy is catching on. Cheaper and less glamorous than France’s celebrated high-speed trains, buses...
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German economy seen as growing despite export drop

German economy seen as growing despite export drop

Europe’s largest German economy is likely to continue to grow at a robust pace, despite some recent weak data points, economists say. The comments come after two consecutive days of potentially worrying data showed a decline in both exports and industri...
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