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Morgan Stanley to shut down its Russian banking business in first quarter 2020

Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.

Oil prices fall on oversupply and refinery strike concerns

LONDON: Oil prices fell on Monday as worries about oversupply and a further rise in dollar exchange rates pushed Brent futures down by over a dollar to around $59 a barrel.

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