US judge set to approve Rio Tinto’s $138.75 million Mongolia mine settlement

NEW YORK (Reuters) -A U.S. judge on Wednesday said he was ready to approve Rio Tinto’s agreement to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia. Rio Tinto had …

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Storms, drone attacks and record oil exports pile pressure on Russian port of Novorossiisk

MOSCOW (Reuters) -Russia’s Black Sea port of Novorossiisk has reached its maximum capacity to export, leaving traders struggling to reroute the crude oil it cannot refine domestically and that increased OPEC+ quotas allow it to produce, three market sources said. The Organization of the Petroleum Exporting Countries and allies, including Russia, have been unwinding output …

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Namibia central bank chief calls for diamond royalty relief extension

WINDHOEK (Reuters) -Namibia’s central bank governor Johannes !Gawaxab called on Wednesday for an extension to a royalty discount granted to Namdeb to help the diamond miner through a protracted global market downturn, marked by falling demand and a supply glut. The rising popularity of lab-grown diamonds and a shift away from the precious stone among …

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Ventas minoristas EEUU, excluidos automóviles, habrían continuado alza en septiembre: Fed de Chicago

WASHINGTON, 15 oct (Reuters) -Las ventas al por menor en Estados Unidos, excluidos los vehículos de motor y sus repuestos, probablemente registraron nuevas subidas en septiembre, mostraron el miércoles datos de la Reserva Federal de Chicago, aunque parte del aumento de habrían debido a unos precios más altos. El Resumen Adelantado del Comercio Minorista de …

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La UE y España desoyen las amenazas arancelarias de Trump por gasto en defensa

Por David Latona y Charlie Devereux MADRID, 15 oct (Reuters) -La Comisión Europea y el Gobierno español rechazaron el miércoles la amenaza del presidente de Estados Unidos, Donald Trump, de imponer aranceles más altos a Madrid por su negativa a cumplir el objetivo de gasto en defensa propuesto por la OTAN. Trump dijo que estaba …

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Economía peruana crece un 3,18% interanual en agosto, por encima de expectativas

LIMA, 15 oct (Reuters) -La economía de Perú creció un 3,18% interanual en agosto, por encima de lo previsto por analistas debido a un mejor desempeño de los sectores minero, comercio, agricultura y construcción, informó el miércoles el instituto de estadística, INEI. Analistas encuestados por Reuters habían pronosticado una expansión económica del 3,0% para ese …

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UK’s Lendable launches first mobile plan by a fintech in Britain

(Refiles to remove extraneous word in paragraph 6) By Gianluca Lo Nostro (Reuters) -British consumer credit firm Lendable launched a monthly 20-pound mobile plan on Wednesday, the latest financial technology firm to expand into telecommunications to unlock new revenue streams. London-based Lendable, founded in 2014, is the first fintech in Britain to launch such a …

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Ukraine discusses new four-year lending program with IMF chief, PM says

KYIV (Reuters) -Ukraine’s Prime Minister Yulia Svyrydenko said on Wednesday that she discussed a new four-year lending program for the country with the International Monetary Fund’s chief, Kristalina Georgieva. Ukraine has a four-year $15.5 billion program with the Fund, one of the country’s key lenders, and the government has already received $10.6 billion. “It is …

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