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A daring high-wire act: Inside the Asda buyout

FT News Briefing

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Intro

This chapter explores key changes in financial markets, including Saudi Arabia's decision to cut oil production and the appointment of Turkey's new finance minister poised to improve economic policies. It also examines the intriguing buyout of the British supermarket chain Asda, revealing the story behind its billionaire owners and their impact on the economy.

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