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Starbucks Gets Rare Sell Call as CEO Shakeup Rally ‘Overdone’

(Bloomberg) -- It’s too early to get excited about Starbucks Corp.’s prospects for a turnaround even with a new chief executive officer in charge,...

Sino-Ocean Creditors Raise Alarm Over UK Restructuring Tactic

(Bloomberg) -- Some creditors of Sino-Ocean Group Holding expressed concerns about the Chinese builder’s pursuit of a restructuring tactic in UK courts, seeking to...

China’s Tianqi to Keep Fighting for Say in SQM Lithium Deal

(Bloomberg) -- Tianqi Lithium Corp., a key shareholder in Chilean miner SQM, will continue its battle for a say in a deal that would...

RBA Signals Key Rate to Stay at 12-Year High for Time Being

(Bloomberg) -- Australia’s central bank signaled it will keep its key interest rate at a 12-year high in the near term as it struggles...

Ueda Signals No Rush to Hike Again Citing Time to Weigh Policy

(Bloomberg) -- Governor Kazuo Ueda reinforced his message that while the Bank of Japan will raise its key interest rate again if data allow,...

Aramco Taps Debt Markets for Second Dollar-Bond Sale This Year

(Bloomberg) -- Saudi Arabia’s state-run oil behemoth started the sale of a second round of international bonds just two months after it raised $6...

China Unleashes Stimulus Package to Revive Economy, Markets

(Bloomberg) -- China’s central bank unveiled a broad package of monetary stimulus measures to revive the world’s second-largest economy, underscoring mounting alarm within Xi...

China Mulls Stock Stability Fund, Unlocks $113 Billion From PBOC

(Bloomberg) -- China is weighing plans for a stock stabilization fund, and will unleash at least 800 billion yuan ($113 billion) of initial liquidity...

Boeing Union Balks at Sweetened Pay Offer Citing ‘Disrespect’

(Bloomberg) -- Boeing Co. offered a 30% pay bump directly to striking workers, angering union leaders, as the embattled planemaker tries to overcome a...

China’s 10-Year Bond Yield Falls to 2% for First Time on Record

(Bloomberg) -- China’s benchmark bond yield fell to 2% for the first time on record, as the central bank announced a package of monetary...

B. Riley Bankers Put Brakes on Loans as Debt Weighs on Firm

(Bloomberg) -- B. Riley Financial Inc.’s bankers hiked the interest rate on the company’s key loan and cut how much the embattled firm can...

Stocks Set for Gains on China Optimism, Fed Bets: Markets Wrap

(Bloomberg) -- Asian equities are set to follow Wall Street peers higher after several Federal Reserve policymakers hinted at further easing and as optimism...

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