Economy








Renault shares hit 7-year high

PARIS: Renault shares powered to a seven-year high as forecast-beating quarterly sales overshadowed signs of growing tensions with the French government over its influence on the carmaker.





Britain cuts stake in Lloyds Banking Group to below 21%

LONDON: Britain has reduced its stake in Lloyds Banking Group by a further 1 percent to below 21 percent, a further step toward returning the bank to full private ownership.



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