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UPDATE 1-Australia’s Macquarie profit jumps as Texas freeze boosts power prices
/ Reuters News / 0 Comments

UPDATE 1-Australia’s Macquarie profit jumps as Texas freeze boosts power prices

Australian investment bank Macquarie Group reported a 10.6% rise in annual profit, as its commodities trading arm benefited from a surge in electricity prices following a U.S. winter storm that knocked out power for millions.

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