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  • BusinessAFP News

    Spanish giant Ferrovial sells remaining stake in Heathrow

    Spanish infrastructure giant Ferrovial announced it is offloading its remaining 25 percent stake in London's Heathrow Airport to a French private equity group and Saudi Arabia's sovereign wealth fund.Under the terms of the agreement, Ardian will buy 15 percent of FGP Topco, the holding company that controls the UK's busiest airport, and the Saudi public fund will take 10 percent, according to a statement released by the Spanish construction giant.

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  • PoliticsHuffPost

    Chris Christie Says He Would Not Sign A 6-Week National Abortion Ban

    “My view is this: I want the people, not the politicians, to make this decision," the 2024 Republican presidential candidate said.

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  • BusinessReuters

    Analysis-Rakuten's mobile misadventure: from ambitious plan to millstone

    When Japan's Rakuten launched a mobile service network in 2020, the e-commerce and fintech giant promised to disrupt the world's third-largest telecoms market. By any measure, cash-bleeding Rakuten Mobile is deeply troubled. A too-quick rollout earned Rakuten a reputation for spotty coverage it is still trying to repair.

    5-min read
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  • NewsAFP News

    Young Rohingya leave Bangladesh camps for university dream

    Muhammed Hasson said a painful goodbye to his parents in a refugee camp in Bangladesh before embarking on a dangerous sea journey, refusing to let Myanmar's crackdown six years ago on Rohingyas like him crush his dream of attending university."The result is such high levels of fear and desperation that it seems sensical to risk a dangerous sea journey on a rickety boat to seek a new life," he said.

    4-min read
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  • BusinessAFP News

    Dollar weakens further as rate cut bets build, but equities mixed

    The dollar extended losses Wednesday as traders ramped up bets on the Federal Reserve cutting interest rates in the new year after officials sounded optimistic notes on the battle against inflation.The more dovish comments, combined with falling yields and rate expectations has dragged on the dollar, and it extended losses Wednesday.

    4-min read
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  • BusinessReuters

    Analysis-As global rates turn, banks in India and Indonesia set to win

    As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks tracked the U.S. Federal Reserve tightening monetary policy to battle inflation, but their interest rates hikes were smaller and slower, resulting in better interest income for the region's banks without loan growth suffer

    4-min read
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  • NewsAFP News

    12 more Gaza hostages freed as mediators seek lasting truce

    A truce between Israel and Hamas enters its sixth day Wednesday after additional hostages were released in exchange for Palestinian prisoners, with mediators pushing for a more "sustainable" ceasefire.The final 24 hours of the extended agreement begins later Wednesday, with one more exchange of hostages for prisoners expected, but mediator Qatar said it was hoping for a more durable arrangement.

    5-min read
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