SAO PAULO (Reuters) -An heir of Lebanese-Brazilian billionaire banker Joseph Safra has sued his mother and two siblings amid a dispute over the fortune of his late father, according to a lawsuit filed[...]
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Middle East
Oil rises 1% in choppy trade on China demand hopes
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged higher in choppy trading on Monday as markets weighed a return in demand from China against supply concerns and fears of slower growth in major[...]
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U.S. jury finds Tesla and Musk not liable in case over take-private tweet
(Reuters) – A U.S. jury on Friday found Tesla Inc and CEO Elon Musk not liable in a securities fraud case over a tweet that he had lined up funding to take the electric car company private. Plai[...]
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Oil falls about 3% as strong U.S. jobs data prompt interest rate concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell to over three-week lows on Friday in a volatile session, after strong U.S. jobs data raised concerns about higher interest rates and as investors[...]
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Investor conviction continues for bonds, returns for equities – BofA
LONDON (Reuters) – Investors poured cash into bonds and stocks in the week to Wednesday, showing conviction in both asset classes, a report from BofA Global Research showed on Friday, while they[...]
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China boosts imports of fuel oil blended from Russian barrels
By Chen Aizhu and Jeslyn Lerh SINGAPORE (Reuters) – China’s independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels to use as low-cost feedstock a[...]
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Oil slumps on economic data, stronger U.S. dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the dollar strengthened, making crude more expensive for non-American b[...]
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Musk did not need Tesla board to review buyout tweets, directors testify
By Hyunjoo Jin and Jody Godoy (Reuters) -Tesla Inc’s board had no obligation to review CEO Elon Musk’s 2018 tweets announcing a bid to take the electric car maker private, which investors[...]
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Oil dives $3 after U.S. EIA reports big builds in U.S. crude, fuel stocks
By Laura Sanicola (Reuters) -Oil prices settled lower on Wednesday after sliding more than $3 a barrel in the session after U.S. government data showed big builds in crude oil, gasoline and distillate[...]
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