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Weilong revives $500m Hong Kong IPO

  Bloomberg Weilong Delicious Global Holdings Ltd has revived its Hong Kong initial public offering, paving the way for one of the city’s biggest listings this year. The Chinese snack maker refiled a preliminary prospectus, confirming an earlier Bloomberg News report. The filing doesn’t contain any offering details. The company could raise about $500 million in a share sale, which ...

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G-7 grapples for ways to punish Russia while taking on China

Bloomberg Group of Seven nations agreed to stick by Ukraine to the bitter end and ratchet up the cost to Russia of its aggression, while leaving much of the detail of how to do so unresolved. At the conclusion of a G-7 summit in Germany, leaders stressed their “unwavering commitment” to the government and people of Ukraine, and made clear ...

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Australian PM warns China to learn from Putin’s mistakes: AFR

Bloomberg Australian Prime Minister Anthony Albanese has warned the Chinese government to learn the lessons of Russia’s “strategic failure” in Ukraine, as he heads to Europe for a meeting of Nato leaders. In an interview with the Australian Financial Review, conducted en route to Spain for the Nato meeting, Albanese said the Ukraine invasion had brought democratic nations together, “whether ...

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