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Indonesia’s biggest coal miner sees first profit since 2011

  Bloomberg PT Bumi Resources will post its first annual profit in five years as a rally in fuel prices help Asia’s biggest exporter of thermal coal push through a debt restructuring. The company, controlled by the family of Indonesian politician Aburizal Bakrie, had net income of $101.6 million last year, compared with a net loss of $2 billion in ...

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Syngenta open to picking up disposals from farming deals

  Bloomberg Syngenta AG, which sees its $43 billion takeover by China National Chemical Corp. closing by the end of June, said it’s open to pursuing assets that might become available as a result of antitrust reviews of other mega deals in the agricultural industry. There could be attractive seed acquisition opportunities stemming from the merger of Dow Chemical Co. ...

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China car sales fall first time in 11 months after tax hike

  Bloomberg A sales hangover and holiday-shortened month combined to send China’s passenger-vehicle sales to their first decline in almost a year, with sedan deliveries bearing the brunt of the slump. Deliveries fell 9.8 percent last month to 2.12 million units in January, the first decline since February of last year, according to the China Passenger Car Association. The week-long ...

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