Funding & Business
Stock Investors Expect Rally as Europe Clinches US Trade Deal
Investors expect automakers and luxury goods makers to lead a relief rally in European stocks when the market reopens on Monday, after the US and European Union agreed to a trade deal.
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A highly-anticipated £1.8 billion financing backing KKR & Co.’s acquisition of Spectris Plc, the British manufacturer of precision testing equipment and software, is the latest debt package set to hit the leveraged finance market amid a nascent revival of buyout activity.
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The Zambian government refuted an independent estimate of how much toxic acid spilled from a Chinese state-owned copper mine in the southern African nation in February, and said a cleanup had begun.
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Embraer SA signed its first US customer for the newer generation of its E2 jet, with Houston-based Avelo Airlines agreeing to purchase 50 units of the aircraft.
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