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Eyeing inflation, Russia holds key rate steady

  Moscow / AFP Russia’s central bank held its key interest rate steady at 10 percent, opting to keep inflation in check rather than help jolt the economy out of recession. Inflation risks have subsided and “our medium-term vision has not changed” since the bank last cut the rate in September by half a percentage point, said central bank chief ...

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Profit replaces risk as big worry among Europe bank regulators

  Bloomberg After years spent clamping down on risky behaviour at banks and punishing them for past misdeeds, Europe’s regulators have awoken to a new worry: lenders aren’t making enough money. Shrinking profitability has become a “concern for financial stability” because it may reduce banks’ ability to recover from shocks by generating capital or selling stock, Bank of England (BoE) ...

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Super Mario Run’s strong debut clouded by revenue lag

  Bloomberg Super Mario Run, Nintendo Co.’s first full foray into the world of mobile gaming, might be encountering some growing pains. The game was at the top of download rankings in 68 countries, but was the highest grossing game in only 14, according to researcher SensorTower. Nintendo shares closed 4.2 percent lower in Tokyo, wiping out about $1.5 billion ...

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