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Arrested Sudanese PM returns home

Bloomberg The Sudanese prime minister arrested in the military coup was returned to his home but remains under close guard, the Information Ministry said. Abdalla Hamdok was allowed to go back to his residence in the capital, Khartoum, the ministry said on its Facebook page. A number of government ministers and political leaders are still being held at unspecified locations, ...

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Big banks haven’t quit fossil fuel, with $4trn since Paris

Bloomberg As executives from JPMorgan Chase & Co, Citigroup Inc, Deutsche Bank AG and other lenders prepare for the most important UN climate summit in six years, their companies continue to help provide almost as much money for fossil fuels as for green projects. Scientists have made clear that time is running out to prevent a climate catastrophe. Yet this ...

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Morgan Stanley’s robot Libor lawyers saved 50,000 hours of work

Bloomberg Untangling trillions of dollars-worth of loans and other financial contracts from Libor is a complex, expensive and time-consuming job. So, finance giants are turning to artificial intelligence to simplify and speed up a task mandated by regulators — and spare human lawyers some serious drudgery. Morgan Stanley figures it’s saved legal staffers 50,000 hours of work and $10 million ...

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