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HSBC takes $2.3 billion hit with sale of French retail bank

LONDON/PARIS (Reuters) -HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3 billion for the British bank but end its long struggle to dispose of the business as it focuses on Asia.

Mystery behind slump in India's Adani Group company shares

CHENNAI (Reuters) -Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost 1.91 trillion Indian rupees ($25.83 billion) of value over five days through Friday.

Mystery behind slump in India's Adani Group company shares

CHENNAI (Reuters) -Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost 1.91 trillion Indian rupees ($25.83 billion) of value over five days through Friday.

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