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Turkish-Russian trade hit by fresh US sanctions threat 

Reuters exclusively reported that a U.S. threat to hit financial firms doing business with Russia with sanctions has chilled Turkish-Russian trade, disrupting or slowing some payments for both imported oil and Turkish exports.  The post Turkish-Russian trade hit by fresh US sanctions threat  appeared first on Reuters News Agency.
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NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say

Reuters exclusively reported that Japan’s NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company at a discount, according to five people. The post NEC spurned private equity offers before selling discounted stake in […]
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Citi hit by new Fed rebuke, setbacks on consent orders 

Reuters exclusively reported that U.S. regulators asked Citigroup for urgent changes to the way it measures default risk of its trading partners. Reuters also reported exclusively that the bank’s own auditors found a plan to improve internal oversight to be lacking.   The post Citi hit by new Fed rebuke, setbacks on consent orders  appeared first […]
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Trump’s media deal partner nears $50 million financing

Reuters exclusively reported that Digital World Acquisition Corp (DWAC.O), opens new tab, the blank-check acquisition company that has agreed to take former U.S. President Donald Trump’s social media platform public, is nearing a $50 million financing deal. The post Trump’s media deal partner nears $50 million financing appeared first on Reuters News Agency.
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German landlord TAG warns home prices could fall 30% from peak

Reuters exclusively reported that one of Germany’s largest landlords TAG Immobilien is bracing for a crash in home prices of up to 30%, a far steeper fall than expected by peers, news that was followed widely in the German media and grabbed the attention of analysts and investors, sending the company’s stock, and that of […]
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