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Yen rises on rate-hike prospect; kiwi jumps after RBNZ decision

By Rae Wee SINGAPORE (Reuters) -The yen rose on Wednesday following a report the Bank of Japan was preparing markets for a possible interest rate hike as soon as next month, while the New Zealand dollar surged after its central bank signalled a likely end ...
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Exclusive-China’s GWM targets 300,000 annual production with first Europe car plant

By Qiaoyi Li and Josh Arslan BAODING, China (Reuters) -China's Great Wall Motor is targeting annual production of 300,000 vehicles by 2029 in Europe where it is scouting locations for its first car plant in a battle to revive flagging regional sales, a company executive ...
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China’s pressure on Japan is a familiar tactic that could last for some time

BEIJING (AP) - Just days after China issued an advisory against traveling to Japan, the cancellations started. About 3,000 Chinese visit Rie Takeda's tearoom in an alley in Tokyo's historic Asakusa district every year. Some 200 have already canceled bookings for her tea ceremony ...
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Exclusive-China buys at least 10 US soybean cargoes in new deals, sources say

BEIJING/SINGAPORE (Reuters) -China bought at least 10 cargoes of U.S. soybeans in contracts signed since Tuesday, two traders with knowledge of the deals said, extending a surge in buying after the recent thaw in U.S.-China trade relations. All cargoes are scheduled for January shipment ...
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Oil stabilises after Ukraine peace talks push prices to one-month lows

By Colleen Howe BEIJING (Reuters) -Oil prices recovered slightly on Wednesday, after dipping to one-month lows in the previous session amid signs that Ukraine is nearing a peace deal with Russia that would likely lead to the end of international sanctions on Russian supply. Brent crude ...
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Meatpacker JBS agrees to merge its leather assets with the ones from Viva

SAO PAULO (Reuters) -Brazilian meatpacker JBS said on Tuesday it had signed a binding memorandum of understanding with the shareholders of Viva to combine both firms' assets related to leather production and commercialization. In a securities filing, JBS said the new company will be called ...
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Apollo, other firms accused of of blocking debt refinancing in US antitrust lawsuit

By Mike Scarcella WASHINGTON (Reuters) -Apollo Capital Management, BlackRock and six other financial firms were sued on Tuesday in federal court in Manhattan by broadband provider Optimum Communications, which accused them of colluding to block it from refinancing billions of dollars in debt. Optimum, formerly ...
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Pentagon says Boeing awarded more than $7 billion in military contracts

WASHINGTON (Reuters) -The U.S. military has awarded Boeing two contracts valued at over $7 billion, the Pentagon said on Tuesday. A nearly $4.7 billion Army contract was awarded for new build Apache AH-64E attack helicopters, Longbow crew trainers, and related accessories, according to the Pentagon. It ...
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Joan Branson, wife of British billionaire Richard Branson, dies at 80

Joan Branson, the wife of British billionaire Richard Branson, has died at age 80. Branson announced her death Tuesday on Instagram and LinkedIn. No other details were disclosed. "Heartbroken to share that Joan, my wife and partner for 50 years, has passed away," he said. "She ...
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BP finds leak in major Pacific Northwest pipeline, resumes delivering fuel to Seattle-Tacoma airport

SEATTLE (AP) - Oil company BP has found the source of a leak in a major Pacific Northwest pipeline system, allowing it to restart the flow of jet fuel to Seattle-Tacoma International Airport on Tuesday and help avoid any major disruptions to Thanksgiving travel. Separately, ...
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Federal agency boosts size of most single-family loans the government can guarantee to $832,750

The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices. Beginning next year, mortgage buyers Fannie Mae and Freddie Mac will be able to acquire loans of up ...
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Ackman’s Pershing targets $5 billion IPO for closed-end fund, Bloomberg News reports

(Reuters) -Billionaire investor Bill Ackman is aiming to raise $5 billion through the U.S. listing of his closed-end fund, Bloomberg News reported on Tuesday, citing people with knowledge of the offering. Pershing Square did not immediately respond to a Reuters request for comment. (Reporting ...
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