… market debut delivered a windfall for music companies that acquired stakes several years ago. Sony Corp. will record a gain of almost $1 billion based on the 17 percent of its holdings that it sold, according to a regulatory filing. That's about 1.7 million shares, according to data compiled by Bloomberg.
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The U.S. and China indicated they're willing to negotiate on escalating frictions, helping to ease fears among investors that a tit-for-tat trade dispute could derail the strongest global expansion in years. Larry Kudlow. Photographer: Yuri Gripas/Bloomberg. The White House's National Economic Council
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LONDON (Reuters) – The dollar rose to a two-week high against a basket of major currencies on Thursday after a late recovery by U.S.
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This column does not necessarily reflect the opinion of Bloomberg LP and its owners. Maersk hasn't said whether it will pay an extraordinary dividend or buy back shares. To contact the author of this story: Chris Bryant in Berlin at cbryant32@bloomberg.net. To contact the editor responsible for this story:
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Microsoft Corp. President Brad Smith said customers don't have to worry that the company will help them develop new products and then set up a competing business. In a blog post, Smith outlined a policy for what the company calls its Shared Innovation Initiative. It pledges that any patents or design
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