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Glencore’s long hunt for Rio Tinto’s coal mines slips away

Bloomberg Glencore Plc’s years-long pursuit for a bigger Australian coal business was delivered another setback after Rio Tinto Group passed on the company’s offer for a second time. Now the mining giant run by a former coal trader is running out of time to come back with a better offer or lose out on a deal the company has chased ...

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Google fined $2.7bn as EU threatens search monopoly

Bloomberg Google lost its biggest regulatory battle yet, getting a record 2.4 billion-euro ($2.7 billion) fine from European Union enforcers who say the search-engine giant skewed results to thwart smaller shopping search services. Alphabet Inc.’s Google has 90 days to “stop its illegal conduct” and give equal treatment to rival price-comparison services, according to a binding order from the European ...

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Biggest coal plant in US West may get another 2 years to live

Bloomberg The Navajo generating station, the biggest coal-fired power plant in the US West, may live to see another two years. On Monday, Navajo Nation leaders agreed to a deal with the plant’s utility owners that, as originally proposed, could keep the ailing, 2,250-megawatt complex online through December 2019. It would buy the tribe more time to try to attract ...

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