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Japan billionaire Maezawa to fulfil childhood dream with space flight

Baikonur, Kazakhstan (Reuters) – Japanese billionaire Yusaku Maezawa said he could barely contain his excitement a day ahead of blasting off to the International Space Station in a prelude to a more ambitious trip around the moon with Elon Musk’s SpaceX planned in 2023. The 46-year-old fashion magnate and art collector has been training at …

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Analysis-China Evergrande teeters again, but investors less fearful

By Marc Jones and Ross Kerber LONDON/BOSTON (Reuters) – Just three months after narrowly avoiding collapse, the world’s most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long the problems could reverberate. With over $300 billion of liabilities and more than 1,300 …

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Liontrust to buy UK’s Majedie Asset Management for up to $160 million

By Emma-Victoria Farr LONDON (Reuters) -Liontrust Asset Management is to buy British fund manager Majedie Asset Management for up to 120 million pounds ($159.31 million), the company said on Tuesday. Liontrust will pay an initial 80 million pounds for the firm, plus a deferred payment of up to 40 million pounds. The deal is part …

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Indian used-car platform Spinny valued at $1.8 billion in new funding round

BENGALURU (Reuters) -India’s Spinny said on Tuesday it had raised $283 million in a funding round led by Abu Dhabi-based ADQ and Tiger Global, giving the used-car retailing platform a valuation of about $1.8 billion. The round includes a primary capital infusion of $250 million and a secondary sale of about $33 million by select …

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U.S. officials to boycott Beijing Olympics over rights ‘atrocities’

By Steve Holland, Humeyra Pamuk, Michael Martina and Gabriel Crossley WASHINGTON/BEIJING (Reuters) -U.S. government officials will boycott the 2022 Winter Olympics in Beijing because of China’s human rights “atrocities”, the White House said on Monday, just weeks after talks aimed at easing tense relations between the two superpowers. The diplomatic boycott, which leaves athletes free …

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U.S. officials to boycott Beijing Olympics over rights ‘atrocities’

By Steve Holland, Humeyra Pamuk, Michael Martina and Gabriel Crossley WASHINGTON/BEIJING (Reuters) -U.S. government officials will boycott the 2022 Winter Olympics in Beijing because of China’s human rights “atrocities”, the White House said on Monday, just weeks after talks aimed at easing tense relations between the two superpowers. The diplomatic boycott, which leaves athletes free …

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Australia’s central bank sticks with policy patience, no rush to taper

By Wayne Cole SYDNEY (Reuters) -Australia’s central bank left interest rates at a super-loose 0.1% on Tuesday and stuck with its bond buying plans, resisting pressure to follow its U.S. counterpart in signaling an earlier winding down of stimulus. Wrapping up the last policy meeting of the year, the Reserve Bank of Australia’s (RBA) Board …

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