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Glencore cuts Century Aluminum stake to 33% after tariff-driven rally

By Pratima Desai LONDON (Reuters) -Glencore has cut its stake in Century Aluminum by 10% to 33%, raking in millions following a share price rally triggered by U.S. tariffs on aluminium imports and a profit bonanza for local aluminium smelters. U.S. President Donald Trump doubled tariffs ...
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Former FDA commissioner Scott Gottlieb joins UnitedHealth board

(Reuters) -UnitedHealth Group said on Tuesday former U.S. Food and Drug Administration commissioner Scott Gottlieb has joined the company's board of directors. (Reporting by Mariam Sunny in Bengaluru; Editing by Shilpi Majumdar) Brought to you by www.srnnews.com
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US small and mid-sized businesses expect stronger 2026, BofA survey shows

(Reuters) -A majority of small and mid-sized business owners in the U.S. expect stronger performance next year, with 74% forecasting revenue growth and nearly 60% planning to expand operations, a Bank of America survey showed. About half the business owners surveyed by BofA believe ...
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Yen on defensive, dollar firms as traders dial back Fed rate cut bets

By Gregor Stuart Hunter SINGAPORE (Reuters) -The yen slid to its weakest level in more than nine months in early Asian trading on Tuesday as the dollar benefited from receding expectations that the Federal Reserve would cut interest rates at its policy meeting next month. ...
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Oil slips as loadings resume at Russian hub; markets weigh sanctions impact

(Reuters) -Oil prices dipped on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, briefly halted by a Ukrainian drone and missile strike, while traders continued to assess the impact of Western sanctions on Russian flows. Brent crude futures ...
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BP restores part of Olympic Pipeline after Washington leak

By Nicole Jao NEW YORK (Reuters) -BP was responding to a release of refined products on the Olympic Pipeline System east of Everett, Washington, and had partially restored part of the system, the company said on Monday. The BP-operated Olympic shut its pipelines in the area ...
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Akzo Nobel in talks to merge with Axalta Coating, Bloomberg News reports

(Reuters) -Dulux paint maker Akzo Nobel NV is in talks to merge with paintmaker Axalta Coating Systems, Bloomberg News reported on Monday, citing sources familiar with the matter. Shares of Axalta were up 14% in after-market trading. The companies could announce the combination as early as ...
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SEC approves Dimensional Fund Advisors launch of ETF share class for 13 mutual funds

By Suzanne McGee (Reuters) -The U.S. Securities and Exchange Commission cleared the way for Dimensional Fund Advisors to launch an exchange-traded fund share class on 13 of its existing mutual funds, according to a notice on the regulator's website late on Monday afternoon. This removes the ...
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US-Saudi event to include CEOs from Chevron, Qualcomm, Pfizer, source says

By David Shepardson WASHINGTON (Reuters) -The U.S.-Saudi Arabia investment forum to take place in Washington during the visit of Saudi Crown Prince Mohammed bin Salman this week is expected to include CEOs from Chevron, Qualcomm, Cisco, General Dynamics and Pfizer, according to a source familiar ...
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UBS O’Connor’s capital solutions strategy co-heads did not accept jobs at Cantor, source says

By Saeed Azhar and Gnaneshwar Rajan (Reuters) -UBS informed investors the co-heads of O'Connor's capital solutions strategy unit, Rodrigo Trelles and Baxter Wasson, had opted not to accept jobs at brokerage Cantor Fitzgerald, a source familiar with the matter told Reuters on Monday. UBS O'Connor's ...
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Is Perrier ‘natural’ mineral water? French court to decide

By Dominique Patton PARIS (Reuters) -A French court will rule on Tuesday on whether Perrier must withdraw its bottled water from shelves, after consumer group UFC-Que Choisir sought an emergency intervention over what it alleges is deceptive marketing of the brand as "natural" mineral water. The ...
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Sinclair takes 8% stake in EW Scripps as broadcaster eyes potential acquisition

NEW YORK (AP) - Broadcast giant Sinclair has taken a more than 8% stake in E.W. Scripps, as it eyes a potential merger with the smaller local TV rival. In a regulatory filing on Monday, Sinclair disclosed that it purchased 8.2% of Scripps' Class A ...
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