Australia's Infrastructure Plans Spur Deals

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The winners and losers of Australian Prime Minister Tony Abbott’s call last year to become an “infrastructure prime minister” are becoming clearer after a raft of deal-making.

Caesars Entertainment to Acquire Affiliate

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Caesars Entertainment plans to acquire affiliate Caesars Acquisition in a stock-for-stock merger, according to people familiar with the matter.

Why Saudis Decided Not to Prop Up Oil

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Behind OPEC’s decision not to cut crude output was Saudi Arabia’s view that America’s energy boom poses a new threat—one factor in a growing distance between the two allies.

New Hepatitis C Drug Gets Helping Hand

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Express Scripts will make an AbbVie drug the exclusive option for patients with the most common form of hepatitis C. The move will help the drug maker take market share from Gilead, maker of Sovaldi.

Midtier Oil Explorers Suffer With Price Drop

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Midtier exploration and production companies live or die on oil prices as they don’t have side businesses like refining and processing to insulate them. Tullow Oil PLC is one of the ones currently suffering.

China's Hopu Among Xiaomi Investors

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Chinese private-equity firm Hopu Investment Management is among investors putting a total of just over $1 billion into Xiaomi in a deal valuing the smartphone maker at over $45 billion, according to a person familiar with the situation.

Not Quite Checkmate for the Bundesbank

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The Bundesbank is now powerless to stop the eurozone’s debts becoming mutualized on the ECB’s balance sheet. But acquiescing might secure for Germany some degree of control over surrender terms, says Simon Nixon.

Nissan to Make More Cars in Japan, Boost Exports Next Year

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Nissan Motor plans to make more cars in Japan and boost exports next year, Chief Executive Carlos Ghosn said Friday.

Dish Drops Two Fox Channels

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Dish Network Corp. is no longer carrying Fox News Channel or Fox Business Network after the parties couldn’t agree on terms of a new distribution pact.

FDA Oversight in the Internet Age

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An FDA rebuke of televised comments made by Aegerion’s CEO—which led the company to air a TV commercial correcting the statements—was prompted by complaints from a government drug reviewer, according to emails viewed by The Wall Street Journal.

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