Russian Muslims have been prohibited from acquiring shares in companies that do not comply with Sharia law, according to a ruling by the Council of Ulema issued on Wednesday. It also banned margin trading and short transactions.
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Electricity prices in the EU’s day-ahead spot markets have surged to new highs on Friday amid rising energy demand and lower gas flows from Russia. According to European Power Exchange data, day-ahead electricity prices in France, Belgium and Germany showed the largest growth. Prices in Europe’s largest economy, Germany, rose from €599.83 per megawatt-hour on…
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