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Relatives of Republic of Congo President Denis Sassou-Nguesso are challenging a ruling handed down by a Paris court last week after being convicted on charges linked to money laundering and breach of trust involving embezzled public money, according to the family’s lawyer. The case centers on an alleged corruption operation involving Propharma, a company controlled by members of the president’s family. Court findings stated that in 2013, the Congolese government awarded Proph

Geopolitical tensions linked to Greenland contributed to renewed investor withdrawals from European and UK equity funds in January, according to the latest fund flow index from global funds network Calastone. Equity funds recorded net outflows of £697 million during the month, extending the streak of monthly selling to eight consecutive months. European and UK equity funds were hit the hardest by the trend. Calastone said flows were relatively balanced in the early part of Ja