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Australia’s Syrah Resources gets Tesla reprieve in graphite supply deal

(Reuters) -Australia’s Syrah Resources said on Wednesday that it has agreed with Tesla to extend the deadline to address an alleged breach of their critical graphite supply agreement, buying the miner precious time to salvage a deal vital to its U.S. expansion. Elon Musk-led Tesla ...
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Dollar holds soft tone on rate cut expectations, Powell comments

By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar loitered near four-year lows against the euro and a one-month trough against the yen on Wednesday, as traders geared up for a near-certain interest rate cut from the Federal Reserve later in the session. Traders have fully ...
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Oil prices hold steady as markets await Fed rate decision

By Sam Li and Lewis Jackson (Reuters) – Oil prices held steady in early trading on Wednesday, after rising more than 1% in the previous session on drone attacks on Russian ports and refineries, while traders awaited an expected rate cut ...
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Five Point-backed WaterBridge raises $634 million in US IPO

-WaterBridge Infrastructure raised $634 million in an initial public offering in the United States, the oilfield water management firm said on Tuesday, in the latest sign of renewed momentum in the listings market. The Houston, Texas-based company sold 31.7 million shares at $20, at ...
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Singapore’s Carro raises $60 million to promote Japanese cars in Asia

SINGAPORE (Reuters) -Carro, Southeast Asia’s largest used-car online marketplace, has raised $60 million in a funding round led by Japan sovereign wealth fund Cool Japan Fund, the company said on Wednesday. The investment will go towards promoting Japanese cars across the Asia-Pacific region, Carro said ...
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Activist investor Elliott takes more than $2 billion stake in Workday

(Reuters) -Activist investor Elliott Management said on Tuesday it has taken more than $2 billion stake in human resources software seller Workday. Elliott said it is pleased with its dialogue with the leadership team at Workday and expressed confidence that the multi-year plan outlined at ...
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BHP to suspend operations, cut jobs at Australian coking coal mine

MELBOURNE (Reuters) -BHP will suspend operations and cut 750 jobs at a Queensland coking coal mine it shares with a unit of Mitsubishi, blaming low prices and high state government royalties that have dented its returns, it said on Wednesday. BHP Mitsubishi Alliance’s (BMA) ...
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Australia’s Orion Minerals signs deal with Glencore unit for up to $250 million funding

(Reuters) -Australia’s Orion Minerals said on Wednesday it has signed a non-binding term sheet with a unit of global miner Glencore for $200 million–$250 million funding for its Prieska copper-zinc project in South Africa. The diversified metal developer said that the deal includes an offtake ...
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China’s Tencent raises $1.27 billion in dim sum bond deal

By Scott Murdoch (Reuters) -Chinese gaming and social media leader Tencent Holdings said on Wednesday it had raised 9 billion yuan ($1.27 billion) in a three-tranche offshore yuan bond deal. The company issued 5-, 10- and 30-year bonds in the deal, Reuters reported on Tuesday, citing ...
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Ticket reseller StubHub raises about $800 million in US IPO

NEW YORK (Reuters) -Ticket reseller StubHub on Tuesday priced its initial public offering at $23.50, within its marketed range of $22 to $25 per share, raising about $800 million and setting the stage for its long-awaited stock market debut. The New ...
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Strip club executives charged with bribing NY official to avoid paying $8M in taxes

A company that owns strip clubs around the country and several of its executives have been charged with bribing a government official with free trips to some of the clubs and thousands of dollars in spending money to avoid paying more than $8 million ...
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Rick’s Cabaret parent, executives indicted in New York tax fraud and bribery case

By Jonathan Stempel NEW YORK (Reuters) – The parent company of Rick’s Cabaret and other strip clubs, as well as five executives, have been indicted over their alleged roles in a 13-year bribery scheme to avoid paying millions of dollars in ...
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