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Category: Economy

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Latest News (21707 articles)

Economy Bloomberg
65d ago
Son of ‘Gasoline Godfather’ Convicted in Indonesia Graft Case

The son of a reclusive oil merchant who dominated Indonesia’s fuel trade for decades received a prison sentence as part …

The son of a prominent oil merchant has been convicted in a $17 billion corruption … High (70%)
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Economy Bloomberg
65d ago
Philippine Peso Set for Best Start in 14 Years on Stock Inflows, Weak Dollar

The Philippine peso is set for its best start to the year since 2012, as foreign inflows into the stock …

The Philippine peso is expected to have its best start to the year in 14 … High (90%)
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Economy Bloomberg
65d ago
Singapore’s UI Boustead REIT Seeks $770 Million From IPO

The real estate investment trust of Boustead Singapore Ltd. has started taking investor orders for an initial public offering that …

Boustead Singapore's real estate investment trust (REIT) is seeking to raise up to $770 million … High (80%)
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Economy Bloomberg
65d ago
First Resources Pays $5.6 Million in Indonesia Land Crackdown

Palm oil producer First Resources Ltd. paid $5.6 million in connection with land it was required to hand to the …

First Resources Ltd. paid $5.6 million to the Indonesian government for land it was required … High (80%)
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Economy Bloomberg
65d ago
Centerview and Redbird Helped Paramount in Winning Warner Bid

Paramount Skydance Corp.’s winning $111 billion bid for Warner Bros. Discovery Inc. is a coup for the half-dozen advisory firms …

Paramount Skydance Corp. has successfully acquired Warner Bros. Discovery Inc. in a $111 billion bid, … High (80%)
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Economy Bloomberg
65d ago
US, Iran Set to Hold Further Talks Next Week

US and Iranian officials agreed to re-convene nuclear talks as soon as next week after the latest round of discussions …

US and Iranian officials plan to reconvene nuclear talks next week, indicating a potential shift … High (70%)
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Economy Bloomberg
65d ago
Flagship-Backed Generate Biomedicines Raises $400 Million in IPO

Generate Biomedicines Inc. raised $400 million in an initial public offering, pricing its shares at the midpoint of the marketed …

Generate Biomedicines Inc. successfully raised $400 million in its initial public offering, pricing its shares … High (90%)
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Economy Bloomberg
65d ago
China Seeks to Slow Yuan Gains by Cutting Cost to Short Currency

China stepped up efforts to temper the yuan’s advance by removing the additional charge for betting against the currency in …

China is taking steps to slow down the appreciation of the yuan by reducing costs … High (80%)
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Economy Bloomberg
65d ago
Apollo Private Credit Fund Marks Down Portfolio on Soured Loans

A private credit fund overseen by Apollo Global Management Inc. cut its dividend and marked down the value of its …

Apollo Global Management's private credit fund has marked down its portfolio and cut its dividend … High (80%)
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Economy Bloomberg
65d ago
Oil Steadies as Traders Weigh Fresh US-Iran Nuclear Discussions

Oil steadied after the US and Iran agreed to more nuclear talks next week following a round of discussions on …

Oil prices steadied as US-Iran nuclear talks are scheduled to resume next week, but a … High (70%)
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Economy Bloomberg
65d ago
Gold Little Changed as US and Iran Agree to Extend Nuclear Talks

Gold steadied after the US and Iran agreed to prolong nuclear talks, keeping markets on edge about the potential for …

Gold prices remained stable after the US and Iran agreed to extend nuclear talks, reducing … High (80%)
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Economy Bloomberg
65d ago
Warner Bros. Says Paramount’s $111 Billion Deal Tops Netflix

Warner Bros. Discovery said a new $111 billion offer from Paramount Skydance is a better deal for shareholders than the …

Warner Bros. Discovery prefers a $111 billion offer from Paramount Skydance over its existing deal … High (90%)
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