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Stuff that matters

Foxconn Zhengzhou plant offers bonuses to encourage workers to return

Apple supplier Foxconn’s (2317.TW) Zhengzhou plant on Monday kicked off a fresh recruitment drive seeking workers, saying that it would offer staff who had left in recent weeks a one-off

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Turquoise Hill further delays shareholder meet on $3.3 bln Rio Tinto buyout

Canadian miner Turquoise Hill Ltd (TRQ.TO) said it has once again postponed by a week its special shareholder meeting to vote on the proposed take over by Rio Tinto Plc

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China Evergrande says Hong Kong land plot sold by receivers for $637 mln

China Evergrande Group (3333.HK) said on Sunday its plot of undeveloped land for residential development in Hong Kong’s Yuen Long district has been sold by its receivers for $636.94 million.

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Australia’s Crown Resorts fined $77 million by regulators

Australian casino operator Crown Resorts has been fined A$120 million ($77.3 million) for serious misconduct, regulators of the state of Victoria said on Monday. The breaches by Crown, which was

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Australian lender Westpac sees profit drop on charge, raises cost target

Australia’s No. 3 lender Westpac Banking Corp (WBC.AX) on Monday reported a drop in annual earnings, hit by a charge on the sale of its life insurance unit, and raised

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Australia’s Arafura inks rare-earth supply deal with Hyundai and Kia

Australia’s Arafura Rare Earths Ltd (ARU.AX) said on Monday it had signed a binding supply deal with South Korea’s Hyundai Motor Co (005380.KS) and its unit Kia Corp (000270.KS) to

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Arbitrator affirms Fox holds 10-year option to buy stake in FanDuel, but must pay full price

An arbitrator on Friday reaffirmed Fox Corp (FOXA.O) has 10 years to exercise its option to acquire a nearly one-fifth stake in FanDuel, settling a longstanding dispute with the betting

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