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Renault board ousts Thierry Bollore as CEO, names Clotilde Delbos as interim chief

Thierry Bollore, chief competitive officer of Renault SA, speaks at the IAA Frankfurt Motor Show in Frankfurt, Germany, on Sept. 12, 2017.  Krisztian Bocsi | Bloomberg | Getty Images Renault has named Clotilde Delbos, the french automaker’s current chief financial officer, as its CEO for an interim period. Delbos will …

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Sterling slips on rumors of a snap UK election

Conservative Party leadership candidate Boris Johnson gestures as he talks during the launch of his campaign in London, Britain June 12, 2019. Henry Nicholls | Reuters Sterling fell against the dollar on Monday following dismal manufacturing data and speculation that U.K. Prime Minister Boris Johnson could be planning a general …

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Macri imposes currency controls as debt crisis deepens

A woman walks with an Argentinian flag during a march in support of President Mauricio Macri on August 24, 2019 in Buenos Aires, Argentina. Ricardo Ceppi | Getty Images News | Getty Images Argentina’s government has imposed currency controls in a bid to stabilize financial markets, as Latin America’s third-largest …

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Sterling rises as Germany’s Merkel comments on solution

German Chancellor Angela Merkel speaks at the 100-years anniversary celebration of prosthesis maker Ottobock SE in Duderstadt, Germany, February 18, 2019. Ralph Orlowski | Reuters Sterling hit a three-week high against the dollar Thursday after German Chancellor Angela Merkel said a solution to the Irish “backstop” is possible before the …

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What is a zero coupon bond? Germany set to auction a zero-percent 30-year bond

Germany will auction a 30-year bond with a 0% interest rate for the first time on Wednesday, according to several media outlets. The bond sale expected to take place at 10:30 a.m. London time will mean the German government will not make any interest payments to those buying the bond …

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FTSE 100 fails to open

London Stock Exchange Toby Melville | Reuters London’s FTSE 100 index failed to open at the start of the European trading on Friday. The London Stock Exchange (LSE) is investigating a potential trading services issue, according to an official statement on the LSE website. The LSE said it expected to …

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What is a Rhino bond? Here’s all need to know

12 October 2018, Berlin: A young black rhino looking at the outside enclosure of the zoo for the first time since birth. Paul Zinken | picture alliance | Getty Images Investors will soon be able to buy bonds that aim to increase the population of the endangered black rhino, and …

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North Korea calls for investigation into Madrid embassy attack

NHAC NGUYEN | AFP | Getty Images North Korea’s leader Kim Jong Un (C) arrives at the Dong Dang railway station in Dong Dang, Lang Son province, on February 26, 2019, to attend the second US-North Korea summit. North Korea said Sunday it wants an investigation into a raid on …

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Caputova wins election to become Slovakia’s first female president

JOE KLAMAR / AFP Presidential candidate Zuzana Caputova reacts as she takes a big lead after the first exit polls in her election’s headquarters in Bratislava, Slovakia on March 30, 2019. – Zuzana Caputova, a Slovak government critic who faces off against the ruling party’s candidate in the second round …

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Saudi Arabia will ignore Trump’s ‘tolerance threshold’

Mladen ANTONOV | AFP Saudi Arabia’s Energy Minister Khalid al-Falih attends a press conference at the end of the 13th meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non- OPEC countries in Baku on March 18, 2019. OPEC kingpin Saudi Arabia will continue to ignore President Donald …

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