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Chad’s ruling junta retains Deby allies in new government

Bloomberg Chad’s recently reinstated Prime Minister Albert Pahimi Padacke retained several of slain President Idriss Deby’s allies in his new cabinet, which is expected to be in power for a transition period. Tahir Hamid Nguilin retained the post of Chad’s finance minister and Oumar Torbo Djarma kept the portfolio of oil, while the mining portfolio was split off and given ...

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Macron to fine-tune stimulus 6 months before French polls

Bloomberg French President Emmanuel Macron will reassess the country’s recovery plan in September, possibly adding to the 100 billion euros ($120 billion) of stimulus his government is already injecting into the economy. Such a boost would arrive just six months before presidential elections, where management of the health crisis and the growth rebound are set to be key battlegrounds. Before ...

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Verizon sells 90% of media division to Apollo for $5 billion

Bloomberg Verizon Communications Inc said it’s selling its media division to Apollo Global Management Inc. for $5 billion, a move that will jettison once-dominant online brands like AOL and Yahoo. The unit will be known as Yahoo after the close of the transaction, which is expected in the second half of this year, Verizon said in a statement Monday. Guru ...

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