(Bloomberg) — Fosun Group, backed by billionaire Guo Guangchang, has explored options for its stake in Hollywood production house Studio 8 Inc. including a sale, according to people familiar with the matter. The insurance-to-pharmaceutical conglomerate has approached investors to discuss
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China hosted top diplomats from Afghanistan and Pakistan on Tuesday in a bit to mediate a long-simmering conflict between the neighboring countries. Afghan Foreign Minister Salahuddin Rabbani and Pakistan Foreign Minister Khawaja Asif joined their Chinese counterpart Wang Yi on Tuesday to
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(Bloomberg) — Oil held gains above $58 a barrel as trading resumed following the Christmas holiday and after U.S. explorers refrained from adding rigs for a second week. Futures were little changed in New York after gaining 2 percent last week. The number of U.S. rigs targeting oil remained
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MANILA – The Securities and Exchange Commission (SEC) will release next month initial findings of its investigation on the accounting issue involving logistics company 2GO Group, Inc., SEC Chairperson Teresita J. Herbosa said in a recent interview. The probe ran longer than expected, prompting the
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The City of Brandon found its new finance officer in its own backyard. Christina Smith – a member of the city staff since June of 2008 as an accounts payable clerk and deputy finance officer – was promoted to be the city's full-time finance officer Monday, Dec. 18, during the Brandon City Council's regular
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