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Analysis-From bitcoin to Mexican peso, ‘Trump trades’ are appearing again

By Saqib Iqbal Ahmed and Suzanne McGee NEW YORK (Reuters) -Corners of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the U.S. presidential race tightens with less than three weeks until Election Day. Assets ranging from small-cap stocks to bitcoin have climbed in recent weeks while the …

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Netflix hits record high as strong subscriber additions ease growth worries

(Reuters) -Netflix shares hit an all-time high on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost from its password-sharing crackdown wanes. The company, widely seen as the winner of Hollywood’s streaming wars, saw its stock rise nearly 10% and was …

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Kenyan court blocks deputy president appointment hours after Ruto picks ally

By George Obulutsa and Humphrey Malalo NAIROBI (Reuters) -Kenyan President William Ruto chose Interior Minister Kithure Kindiki as his new deputy on Friday, but a court blocked his appointment until it hears a case next week challenging the impeachment of Kindiki’s predecessor. The high court’s intervention came after lawmakers had already approved Kindiki’s appointment on …

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TotalEnergies sells Brazilian fuel distribution business to SIM Distribuidora

By America Hernandez PARIS -French oil major TotalEnergies said on Friday it has agreed to sell a network including 240 retail fuelling stations and seven ethanol and fuel storage facilities in Brazil to a subsidiary of Grupo Argenta. TotalEnergies said it will keep its lubricants blending and distribution activities in Brazil. The value of the …

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Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output

By Georgina McCartney MIDLAND, Texas (Reuters) – A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said. Pipeline companies largely quit adding new capacity …

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Autoliv’s profits meet expectations as outperforms global light vehicle market

STOCKHOLM (Reuters) -Autoliv, the world’s largest maker of airbags and seatbelts, on Friday reported third-quarter profit in line with expectations, although it lowered its sales forecast as its growth outstripped global light vehicle production (LVP). Supply chain issues, a slowdown in electric vehicle (EV) demand and high costs have weighed on the auto industry. As …

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Floods cause damage, power outages in southeast France after heavy rainfall

PARIS (Reuters) – Massive floods caused serious damage and power outages on Friday in parts of France’s mountainous southeast region after days of heavy rain, though there were no immediate reports of any casualties. France’s weather authority Meteo France placed six departments south of the city of Lyon on a red flood alert on Thursday. …

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