Krom River Closes Commodity Hedge Fund

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Commodity hedge fund Krom River, which managed around $1 billion at its peak, is returning money to investors as it plans a shift in focus following a tough period for commodities funds.

Inside Uber's Fight With Its Chinese Nemesis

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China’s multibillion-dollar ride-hailing market has erupted into a brawl between Uber and Beijing startup Didi Kuaidi.

Vivendi Chairman Ousts Longtime Chief of Canal Plus

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French billionaire and Vivendi Chairman Vincent Bolloré has ousted the longtime chief of Canal Plus, further tightening his grip over the Vivendi-owned pay-TV group amid falling subscriber numbers.

Impala Platinum To Raise Cash to Repair Finances

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Impala Platinum Holdings Ltd. is to raise $297.4 million through a stock sale to bolster its finances, battered by tumbling metal prices and the costs of ramping up South African output which contributed to a hefty annual loss.

Soda, Health Officials Duke It Out

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The soda industry is playing a never-ending game of Whac-A-Mole with health officials and anti-obesity campaigns in cities across the country. When it beats down critics in one place, they pop up in another.

Glencore, Other Miners Rally on Commodity Prices Rebound

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Glencore shares rallied with other mining companies on a strong recovery in some commodities prices and despite Standard & Poor’s overnight downgrade of its outlook for Glencore’s credit rating.

Car-Parts Dispute Taps Brakes on Trade Deal

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A fight over how cars are assembled is pitting North America’s auto industry against Japan’s in a dispute now holding up a major trade agreement spanning the Pacific.

Sweden Leaves Interest Rate Unchanged

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Sweden’s central bank has left its main interest rate and bond-buying program unchanged, saying its existing policies were supporting the economy and would lead to inflation moving closer to its 2% target.

Global Markets Bounce Back

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Global markets were broadly higher ahead of the European Central Bank’s regular monetary policy meeting and a closely watched jobs report out of the U.S. later in the week.

China's Bond Market Presents False Sense of Security

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As China’s economy slows, the bond market is another area where dislocation could emerge.

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