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Indian billionaire to buy $2.4bn Anglo American stake

  Bloomberg Anil Agarwal, an Indian mining billionaire, plans to buy as much as 2 billion pounds ($2.4 billion) of Anglo American Plc shares in the market after a merger proposal failed last year. The full stake would equate to about 13 percent of Anglo’s stock, making Agarwal the second-largest shareholder after South Africa’s Public Investment Corp. It will give ...

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Saffron growers look to get a foothold in US

  AP As spring crocus blooms approach, some growers have visions of a fall-flowering crocus that produces saffron, the world’s most valuable spice. University of Vermont researchers have been raising the exotic spice now grown primarily in Iran and are encouraging growers to tap into what they hope will be a cash crop. It’s not a hard sell, particularly in ...

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US urged to spend more on education, employment and infrastructure

  Bloomberg Governments need to do more to create growth that benefits everyone, and the US should spend more on roads, highways, bridges and airports, the Organization for Economic Cooperation and Development said. The body, which includes the world’s better-off countries, said in a report that governments should focus on providing better access to high-quality education and supporting employment for ...

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