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Noble needs more than a brave face

Noble Group.jpg
Noble Group's chief executive officer said the region's top commodity trader still has the support of its banks, stepping up efforts to restore confidence after shareholders backed the sale of its agricultural unit and the company nibbled away at its debt burden by buying back bonds.

ALMOST a year after Noble Group's accounting practices came under scrutiny, the com-modity trader's future is still deeply shrouded in uncertainty. In fact, it seems to be heading into even trickier territory.

The next few months will be critical for the group to prove that its business...

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