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‘Squid Game’ shakes up Korean stocks as much as Netflix viewers

Bloomberg Netflix Inc.’s runaway hit Squid Game came like a bolt from the blue for viewers around the world. The impact on equity investors in its home country of South Korea is proving equally intense. While the nation’s benchmark share index has dropped about 4% since the drama was released in mid-September, dozens of stocks in the vibrant entertainment sector ...

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Oil posts longest run of weekly gains since 2015 on supply pinch

Bloomberg Oil posted the longest stretch of weekly advances since 2015 as Opec+ producers only modestly supply the market and as US crude supplies shrink. Crude futures rise 1.5% in New York, up for a ninth straight week. President Joe Biden said that Americans should expect high gasoline prices to continue into next year because of supply being withheld by ...

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EU hails UAE’s efforts to strengthen human rights

DUBAI / WAM The UAE’s election to the UN’s Human Rights Council (UNHRC) for the third time reflects the country’s “increasing international presence,” the Vice-President of the European Commission for promoting our European way of Life said. In exclusive statements to the Emirates News Agency (WAM), Margaritis Schinas described the UAE as “a pole of power, influence and inspiration.” Schinas ...

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