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Trump commutes prison sentence for former private equity executive David Gentile

HALLANDALE BEACH, Fla. (AP) - President Donald Trump has commuted the prison sentence of former investment manager David Gentile, who was convicted of defrauding investors - the latest in a series of clemency actions Trump has taken in white-collar criminal cases. Gentile had reported ...
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UnitedHealth agrees to sell South American business to private equity firm Patria for $1 billion, sources say

By Tatiana Bautzer NEW YORK, Nov 30 (Reuters) - UnitedHealth Group has agreed to sell its last South American business Banmedica to Brazilian private equity group Patria Investments for $1 billion, two sources with knowledge of the matter said on Sunday. The final agreement was signed ...
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Australia house prices climb in November amid record unaffordability, Cotality says

Dec 1 (Reuters) - Australian home prices rose in November with large gains in several state capitals, amid a record level of housing unaffordability, property consultant Cotality said on Monday. Prices increased 1% in November from October to a median value of A$888,941 ($581,989.67), after ...
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OPEC+ set to hold oil output policy steady, sources say

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Nov 30 (Reuters) - OPEC+ will likely leave oil output levels unchanged at its meetings on Sunday, four OPEC+ sources said as the group slows down its push to regain market share amid fears of a ...
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Norway wealth fund to back call for Microsoft human rights report at AGM

By Gwladys Fouche and Nerijus Adomaitis OSLO, Nov 30 (Reuters) - Norway's $2 trillion wealth fund said on Sunday it would vote for a shareholder proposal at Microsoft's annual general meeting this week requiring a report on the risks of operating in countries with significant ...
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AI-assisted shopping is the talk of the holiday shopping season

NEW YORK (AP) - Major retail chains and tech companies are offering new or updated artificial intelligence tools in time for the holiday shopping season, hoping to give consumers an easier gift-buying experience and themselves an augmented share of online spending. Although AI-powered purchases ...
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Covet an Italian masterpiece, but shy of the millions? How about a digital copy at supercar prices

MILAN (AP) - The last person to get their hands on a painting attributed to Leonardo da Vinci shelled out more than $450 million at auction. Now, Italian cultural officials are making it possible to purchase a limited edition, certified digital copy of the ...
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The Polish ‘magicians of glass’ who create Christmas baubles for clients worldwide

CZĘSTOCHOWA, Poland (AP) - If you could design a bauble for your own Christmas tree, what would it be - a teddy bear dressed as a ballerina, a hummingbird, or a crimson phoenix? The workers at GlitterLab, a company producing Christmas decorations in southern Poland, ...
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A lost generation of news consumers? Survey shows how teenagers dislike the news media

NEW YORK (AP) - Cat Murphy, a college student, has wanted to be a journalist since she was 11. Many of her friends don't understand why. When they engage with the news - if they do - they hear a cacophony of voices. They don't ...
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China’s factory activity contracts for 8th month in November despite trade war truce

HONG KONG (AP) - China's factory activity contracted for the eighth straight month in November, according to an official survey on Sunday, underscoring challenges for the country's economy despite the U.S.-China trade truce. The official manufacturing purchasing managers index rose slightly to 49.2 in November ...
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US judge authorizes sale of Citgo parent’s shares to Elliott affiliate

By Marianna Parraga HOUSTON, Nov 29 (Reuters) - A U.S. judge on Saturday authorized the sale of shares in the Venezuela-owned parent of Citgo Petroleum to an affiliate of Elliott Investment Management, following his approval earlier this week of a $5.9 billion bid from the ...
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BUSINESS HEADLINES

Shoppers spend billions on Black Friday to snag holiday deals, despite wider economic uncertainty NEW YORK (AP) - Despite wider economic uncertainty hovering above this year's holiday season, shoppers turned out in big numbers for Black Friday - spending billions of dollars both in stores ...
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