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Dana Gas: Appeal on BlackRock joining sukuk trial rejected

DUBAI / Reuters The English Court of Appeal has refused an application by Dana Gas to appeal a decision allowing fund manager BlackRock to participate in English court proceedings over Dana’s $700 million of sukuk, Dana said on Monday. Dana is refusing to redeem its Islamic bonds on the grounds that they are no longer sharia-compliant and have therefore become ...

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‘Brexit worse threat than EU conflict to Polish government’

Bloomberg It’s Brexit, and not Warsaw’s escalating conflict with the European Union over democratic values, that presents a bigger threat to inflows of the bloc’s assistance to Poland, according to the government official in charge of funds absorption. While the EU’s executive is set to move ahead this week with plans to slap unprecedented political sanctions on Poland, Deputy Development ...

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Putin thanks Trump for CIA tip

Bloomberg Russian President Vladimir Putin spoke with Donald Trump for the second time in four days, this time to thank the US president for Central Intelligence Agency information that lead to the breakup of a suspected IS cell. The information helped disrupt a group that had been planning to blow up Kazan Cathedral and other locations around St. Petersburg, according ...

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