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‘Levelling up’ should not come at the cost of cutting the capital down to size

Saudi Arabia's sovereign wealth fund is in talks to buy English soccer club Newcastle United for about 340 million pounds ($447 million), a source familiar with the situation told Reuters, confirming a report in the Wall Street Journal earlier on Saturday.

U.S. Treasury Secretary Steven Mnuchin said on Saturday he had learnt the hard way to be guarded in his comments on the dollar after roiling financial markets in 2018 by breaking from the usual language about the currency.

India and Brazil have signed 15 accords aimed at forging closer ties between the two emerging market giants across a range of sectors, especially defense, both countries' leaders tweeted on Saturday.

Lebanon's central bank said on Saturday there would be no "haircut" on deposits at banks due to the country's financial crisis, responding to concerns voiced by a prominent Arab billionaire about risks to foreign investments there.

China’s Jingye considers building a new metal recycling furnace

Indian Prime Minister Narendra Modi said on Saturday he had discussed cooperation in several sectors with Brazilian President Jair Bolsonaro, and that the two countries were focussed on expanding collaboration in the defence sector.

Saudi Arabia's sovereign wealth fund is in talks to buy English soccer club Newcastle United for about 340 million pounds ($447 million), the Wall Street Journal reported https://www.wsj.com/articles/saudi-sovereign-wealth-fund-in-talks-to-buy-u-k-soccer-team-newcastle-united-11579950242?mod=breakingnews on Saturday, citing people familiar with the discussions.

Digital currency could be useful as cash transactions dwindle in some countries but central banks should be in charge of issuing it, not private companies, Bank of France Governor Francois Villeroy de Galhau said on Saturday.

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* Thousands of rescuers, medical personnel mobilised (Updates figures, adds details)