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Italian Govt source: New measures in Italy budget on tax credits from M&A deals - Reuters

Reuters cited an Italian government source last hour, as stating the following details on the Italian budget.

Italy government budget plans to include measures to make banks, companies spreads over 10 years tax credit coming from M&A deals, expected revenue of 1.2bln in 2019.

New measures in Italy budget on tax credits from M&A deals to substitute expected measures intended to reduce deductions on taxable interest paid by banks.

Saudi OilMin: Don't rule out that Saudi output to be 1-2mln b/d higher

Saudi Arabia’s Energy Minister Khalid Al-Falih was reported by Reuters, with the key headlines found below. Oil demand to reach 120mln b/d in 30 year
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GBP/USD room for a test of 1.2924/05 – Commerzbank

Recent price action in Cable prompts markets to look to the 1.2924/05 area, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Ke
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