BizFinance

Oil’s swoon on OPEC is rare boon for a few hedge funds

Dec 2 (Reuters) – OPEC’s decision not to cut oil output despite a market glut gave a late-month boost to several energy hedge funds in November, pushing them toward double-digit gains in a year…

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South Stream a rare humiliation for Putin

Black Sea pipeline a pet project of Russian president

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Misfit Wearables raises $40 mln from Xiaomi, other Chinese firms

SAN FRANCISCO, Dec 2 (Reuters) – Xiaomi Technology Co Ltd and other Chinese companies have joined a $40 million investment in U.S. wearables startup Misfit, the first time the world’s third-biggest…

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