Australia & New Zealand News
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With David Jones Ltd. trading at the lowest price to its net assets in eight years, the Australian department store’s real estate is making it a buyout candidate.
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Libya’s interim government said it would keep open the file on the 1988 bombing of Pan Am Flight 103 over Lockerbie, Scotland, even after death of the sole person convicted of the attack.
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In the late 1990s, regulators in some U.S. states began to make electric utilities sell their nuclear reactors to private operators. They weren’t trying to help head off climate change, yet they managed to do just that.
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Hedge funds reduced wagers on a rally in commodities to the lowest this year on mounting speculation that Greece will leave the euro, slowing global growth and curbing demand for everything from copper to soybeans.
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