Blackstone Tops Concords Bid for Shakira Music Owner Hipgnosis

April 22 Reuters Blackstone made a potential offer to buy Hipgnosis Songs Fund for about 1.5 billion, outbidding Apollobacked Concord and triggering a takeover battle for the owner of music rights by artists including Shakira and Red Hot Chili Peppers. Hipgnosis shares rose 10 to 1.01 pounds 1.25 in early trade, their highest level since September 2022. […]
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Oil Prices Fall more than 1 as IranIsrael Tensions Ease

SINGAPORE, April 22 Reuters Oil prices fell by more than 1 on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation of hostilities following Israel39;s apparently small strike on Iran. Brent futures fell 1.21, or 1.4, to 86.08 a barrel by 0655 GMT. The frontmonth U.S. West […]
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Chinas Coal Imports from Russia Fall 21 in March

BEIJING, Reuters Russia39;s coal shipments to China fell 21 in March dragged down by sanctions and import tariffs, customs data showed on Saturday. China39;s coal shipments from Russia fell to 6.92 million metric tons in March, its General Administration of Customs said. The shipments of Russian coal to China, which began to surge in 2022 […]
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Chinese Quant Funds Expand Abroad as Rules Tighten at Home

SHANGHAIHONG KONG, April 22 Reuters China39;s datadriven quant trading funds are briskly expanding overseas as competition heats up at home and regulators tighten scrutiny of the 260 billion sector. Meridian Saturn Capital MS Capital, with offices in Shanghai and Singapore, said it is starting to offer its China strategy to offshore investors, and also preparing […]
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