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EU braces for US metal import curbs

Bloomberg European Union Trade Commissioner Cecilia Malmstrom gave her clearest signal yet that the EU will come up short in its bid for a permanent, unconditional waiver from US metal tariffs that President Donald Trump imposed on national-security grounds. Speaking just days before a temporary waiver for the EU from the duties expires, Malmstrom said the bloc would likely face ...

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Euro-area confidence slips over ‘political risks’

Bloomberg Euro-area confidence extended its slide in May as cooling economic growth in the region was met with budding political uncertainties. The European Commission’s index of sentiment slipped to 112.5 from 112.7, taking the gauge to its lowest in nine months. While the decline was less than economists had forecast, it’s the fifth straight drop after optimism reached a 17-year ...

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KKR buys Bain’s BMC in deal worth $8.3bn

Bloomberg KKR & Co. agreed to acquire BMC Software Inc. in a deal that valued the information technology management provider at about $8.3 billion including debt, according to a person familiar with the matter. KKR will buy BMC from an investor group led by Bain Capital and Golden Gate Capital together with GIC Pte Ltd., Insight Venture Partners and Elliott ...

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