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Nigerian stocks resume gains

Bloomberg Nigerian stocks resumed gains on Tuesday as investors sought more attractive options than the negative real yield on the country’s short-term debt. The benchmark stock index climbed 0.4% in Lagos, leaving it on track for its best month since May. The gauge has risen in the past two weeks, snapping seven weeks of declines. Gains in banking stocks have ...

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De Havilland wins its biggest jet orders at Dubai Airshow

Bloomberg De Havilland Aircraft of Canada Ltd won its biggest plane orders since the brand was sold off by Bombardier Inc with the sale of as many as 23 Dash 8-400 turboprops. The manufacturer, an aviation pioneer long overtaken by the jet age, said at the Dubai Airshow that it a signed a letter of intent with lessor Palma Holding ...

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Kylie Jenner sells $600mn stake in beauty line to Coty

Bloomberg Coty Inc agreed to pay $600 million in cash for a majority stake in Kylie Jenner’s cosmetics line, the latest move by a major beauty company to acquire trendy brands that appeal to a younger clientele. The makeup and fragrance giant will have overall responsibility for the portfolio, while Jenner, part of the Kardashian clan, will lead creative efforts ...

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