Oil slips to two-week low as US and Iran seen moving closer to deal
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Ghana to Start Buying 30% of Large Gold Mines’ Ouput From June
Ghana’s central bank said it plans to increase gold purchases from the West African nation’s large-scale producers to 30% of their output from 20%, starting June 1.
Cox Group Took 54% Bridge Loan for Deal to Buy Iberdrola Mexico
Spanish utility Cox ABG Group SA took a 54% bridge loan to help fund a $4.2 billion asset acquisition in Mexico and placed shares as collateral.
China Cracks Down on Illegal Cross-Border Trading
China has launched an unprecedented campaign against illegal cross-border trading to stem capital outflows, threatening severe penalties against popular brokers and ordering non-compliant accounts to be liquidated within two years. (Source: Bloomberg)
What It Takes to Run One of London’s Most Popular Pubs
A conversation with two co-founders of the Devonshire.