Singapore commodities trader Noble Group Ltd. warned Monday it expects to report total net loss of $1.1 billion to $1.25 billion for the July to September period due to non-cash losses from asset disposals. The company said separately it plans to sell its U.S. oil-liquids business to Vitol Holding B.V. for $582 million and will use the proceeds to reduce its debt. Shares in Noble fell 6.6% after the news.
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