Obama Pressures Congress on Averting Sequestration

Feb. 19 (Bloomberg) -- President Barack Obama speaks about the need for Congress to avert the automatic $1.2 trillion in budget cuts set to kick in March 1. Obama said if lawmakers can’t agree on a broad deal to replace the across-the-board spending reductions, Congress should “at minimum” pass a temporary, smaller package that provides more time for negotiations. (Source: Bloomberg)

Aramex Founder Said to Sell Entire Stake
08:39 - The founder and vice chairman of Aramex is said to have sold his entire stake in the logistics company to gulf investors. Fadi Ghandour is believed to have let go of his almost 10% share which was worth $142M. Bloomberg's Matthew Martin reports on "Bloomberg Markets Middle East." (Source: Bloomberg)
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