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Saudi, Gulf stocks fall after attacks on Aramco oil plants

DUBAI/RIYADH (Reuters) - Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out more than half of Saudi crude output. Read More


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  • Climate change pushes U.S. fund managers to bet on AC makers

    NEW YORK (Reuters) - Record heatwaves in Europe and Asia this summer are leading fund managers to buy shares of air conditioning manufacturers, betting that the public health risks of rising temperatures will compel businesses and apartment building owners to install cooling systems.

  • Investing green is all the rage, but benchmarks still hazy

    SYDNEY (Reuters) - Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to green.

  • Billionaire investor Carl Icahn to leave New York for Florida

    BOSTON (Reuters) - Billionaire investor Carl Icahn, a born New Yorker who has run his business from the city for decades, is moving his office, more than half of his staff and himself to Florida early next year, people familiar with the plan said on Thursday.

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