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Stuff that matters

Australia’s CSL in exclusive talks for $7 bln buyout of Swiss Vifor Pharma

Australian biopharmaceutical giant CSL Ltd (CSL.AX) is in exclusive talks to buy Swiss drugmaker Vifor Pharma (VIFN.S) in a A$10 billion ($7 billion) deal, Australian media reported, sending the Swiss

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Japan’s service sector activity expands at fastest pace in 2 years

Japan’s services sector activity grew at the fastest pace in more than two years in November on a jump in new business, signalling stronger consumer confidence as the coronavirus pandemic

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Southeast Asia’s Grab slumps in U.S. debut after record SPAC deal

Shares in Grab , Southeast Asia’s biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut on Thursday following the company’s record $40 billion merger with a

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Sustainable investors look for profits in fuzzy data

Sustainability-focused investors believe a little effort can go a long way toward finding profitable opportunities buried in incomplete corporate environmental or social impact filings. That is according to several speakers

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Sportsman’s Warehouse ends merger with Great Outdoors over FTC clearance concerns

Outdoor sporting goods retailer Sportsman’s Warehouse Holdings Inc (SPWH.O) and Great Outdoors Group, owner of the Bass Pro Shops chain, have called off their merger deal, according to a regulatory

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China-listed firms rush to divest property businesses amid sector crackdown

China-listed companies are increasingly divesting real estate businesses amid stricter regulatory scrutiny of the industry, according to filings and state media, in a year dominated by headlines of financial woe

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Musk exercises more options, sells Tesla shares worth $1.01 bln

Tesla Inc (TSLA.O) Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax obligations related to the exercise of

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