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Snap news

Breaking pre-market news on Wednesday,

- UBS hires Credit Suisse’s Ulrich Koerner to cut services costs — statement.

- BNP Paribas issues €5.1bn in preference shares to be bought by the government — statement.

- Rio Tinto receives German anti-trust clearance for Chinalco transaction received – statement.

- Hardy oil raises £10.8m through placing — statement.

- Corporate: Gem Diamonds, Carluccio’s, Johnson Matthey.

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