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China asks banks to lower interbank deposit rates to boost growth, Bloomberg News reports

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(Reuters) - Chinese regulators have asked the country's banks to lower the rates they pay to deposits from other financial...
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OpenAI in talks with California to become for-profit company, Bloomberg News reports

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(Reuters) - Sam Altman-led OpenAI is in early talks with the California attorney general's office to change its corporate structure...
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B. Riley-Backed Franchise Group Files for Bankruptcy

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(Bloomberg) -- Franchise Group Inc., the owner of brands including the Vitamin Shoppe and Pet Supplies Plus, filed for bankruptcy...
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Disgraced Three Arrows Founder’s Wife Sells $38 Million Singapore Mansion

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(Bloomberg) -- The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has managed to...
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Tesla Sells $499 Million of Debt Backed by Solar Equipment Loans

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(Bloomberg) -- Tesla Inc. sold $499 million of bonds backed by loans offered to customers buying solar equipment. Most Read...
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Shore Capital, Silver Lake in talks over $8.6 billion pet care deal, Bloomberg News reports

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(Reuters) -Private equity firm Shore Capital Partners is in talks to partner with Silver Lake Management to combine two veterinary...
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Saudi Arabia Nears Deal to Take Over $4 Billion Olam Unit

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(Bloomberg) -- Olam Group Ltd. received a non-binding offer from a state-owned Saudi investment firm for its agribusiness unit, according...
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BlackRock in talks to buy private credit firm HPS, Bloomberg News reports

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(Reuters) - Asset management giant BlackRock is in advanced talks to acquire private credit firm HPS Investment Partners, positioning itself...
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Cuckoo Said to Seek as Much as 750 Million Ringgit in IPO of Unit in Kuala Lumpur

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(Bloomberg) -- The Malaysian unit of South Korea’s Cuckoo Holdings Co. could raise as much as 750 million ringgit ($172...
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Grocer Lulu’s $1.43 Billion Abu Dhabi IPO Sells Out in an Hour

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(Bloomberg) -- Lulu Retail Holdings Plc had demand for all shares in its 5.27 billion dirhams ($1.43 billion) initial public...
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China’s Stimulus Aims to Boost Consumption, Top Official Says

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(Bloomberg) -- China’s recent rollout of stimulus is centered around lifting domestic demand and hitting the nation’s annual growth goal,...
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Morocco Aims to Loosen Currency Peg to Euro-Dollar in 2026

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(Bloomberg) -- Morocco aims to loosen the kingdom’s exchange rate regime in 2026, returning to a gradual reform process that...
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