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Coal’s perfect storm rattles home to $50bn of projects

Bloomberg It’s been a tough few weeks for Australia’s coal industry. First there was a court ruling blocking a new mine on climate change grounds, then one of the world’s largest producers Glencore capped output growth, and finally China was seen to be slowing down Australian imports. The developments are symptoms of fuel’s decline and likely signal headwinds for the ...

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AT&T defeats US bid to kill $85bn Time Warner deal

Bloomberg AT&T Inc. beat back another effort by the US to undo its purchase of Time Warner, cementing an $85 billion deal to help it compete with Netflix Inc. The US Appeals Court in Washington said the Justice Department failed to establish that a lower-court judge made a clear error when he rejected the government’s case that AT&T should be ...

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US antitrust task force targets technology giants

Bloomberg US antitrust enforcers are zeroing in on technology giants following years of criticism that they haven’t done enough to rein in dominant internet companies like Alphabet Inc.’s Google and Facebook Inc. The Federal Trade Commission said it’s creating a task force led by senior competition officials and 17 staff lawyers to investigate potentially anticompetitive conduct by technology companies. It ...

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