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Reuters scoops UK’s Prudential Taiwan sale; share jump

Reuters scoops UK’s Prudential Taiwan sale; share jump

Shares of UK’s Prudential Plc soared more than 11 percent after Reuters reported the insurer would sell most of its money-losing Taiwan insurance business to Taiwan Life. Using industry sources, Reuters was half an hour ahead of Dow Jones while Bloomberg was nearly an hour and a half behind, forced to rely on an official company announcement

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