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Global funds trim stocks, wary on French elections

LONDON Global investors trimmed their equities exposure in February, with many arguing that markets had become too complacent about risks stemming from Europe's election calendar after a recent blistering stock market rally.

GM plans to sell stake in East African unit to Isuzu

General Motors Co on Tuesday said it plans to sell its majority ownership stake in General Motors East Africa to its Japanese partner Isuzu Motors Ltd, as the U.S. carmaker continues to streamline by exiting non-core operations.

SoftBank-backed OneWeb to merge with Intelsat

OneWeb Ltd, a U.S. satellite startup backed by Japan's SoftBank Group Corp, and debt-laden satellite operator Intelsat SA agreed to merge in a share-for-share deal on Tuesday.

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Trump to lift federal coal ban, other green rules, next week: White House

U.S. President Donald Trump is likely to sign an executive order next week that lifts a ban on new federal coal mining leases and starts the process of killing other Obama-era initiatives to combat global climate change, a White House official said.