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WSF moves to G7 nation for the first time

  Montreal / AFP Anti-globalization activists will gather in Montreal on Tuesday for the first World Social Forum (WSF) to be held in the northern hemisphere, hoping the location will provide fresh impetus for the movement. A march through downtown Montreal is to kick off the event, which was first held in Brazil in 2001 seeking to promote alternatives to ...

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DBS profit falls as provisions offset interest income

  Bloomberg DBS Group Holdings Ltd.’s second-quarter profit declined 6 percent as provisions for troubled energy-services firm Swiber Holdings Ltd. overshadowed gains in interest and fee income. Net income fell to S$1.05 billion ($780 million) from S$1.12 billion a year earlier, Singapore’s largest bank said in an exchange filing Monday. That compared with the S$1.07 billion average of five analysts ...

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Deutsche Bank unit buys $547 million Spanish mall

  Bloomberg Deutsche Bank AG’s Spanish asset-management unit is buying a shopping mall in Barcelona for 493 million euros ($547 million) from Northwood Investors LLC. The Diagonal Mar mall has shops operated by companies including Primark Stores Ltd. and Hennes & Mauritz AB and comprises 90,000 square meters (969,000 square feet) of leasable space, Deutsche Asset Management said in a ...

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