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UK cabinet ministers war-gaming the fall of May

Bloomberg UK Prime Minister Theresa May is confronting what could be the end of her premiership as the near impossible task of delivering a Brexit deal cracks her fragile government apart. In the past two weeks, May has lost the trust of her cabinet ministers, infuriated members of parliament on all sides, and been told to her face a growing ...

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Asian investors binging on US corporate debt in 2019

Bloomberg Japanese investors are powering this year’s US corporate bond rally. Money managers in Asia are binging on blue chip American company debt after having cut back late last year. A measure of overseas buying in 2019 has more than doubled from a year earlier, according to Bank of America Corp. Japanese purchases of foreign debt, including US corporate bonds, ...

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Pinterest joins US IPO wave with fast revenue growth

Bloomberg Image search site Pinterest Inc. revealed steady revenue gains with narrowing losses as well as a big bet on overseas expansion, as it joined a surge of technology-related companies planning to go public in the US. Pinterest in its filing for an initial public offering reported strong user growth internationally and even a profit in the fourth quarter. It ...

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