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GE’s $599 million deal bolsters 3D bet after SLM purchase dies

  Bloomberg General Electric Co. has no intention of letting its 3-D printing ambitions die. A day after shareholder resistance derailed an acquisition in that market, GE said it would buy a 75 percent stake in closely held Concept Laser GmbH for $599 million. At the same time, GE bumped up the offer for Swedish 3D printing company Arcam AB ...

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Saudi stocks extend winning streak buoyed by banks

  Bloomberg Saudi Arabian stocks rose the most among Gulf equities, extending their longest winning streak in more than two years on investor optimism the outlook for the kingdom’s banks is improving. Three of the five biggest contributors to an increase in the Tadawul All Share Index were lenders, as the main gauge added 0.7 percent at the close in ...

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OPEC splits prevent deal with producers to curb supply

  Bloomberg OPEC’s internal disagreements over how to implement oil-supply cuts agreed to last month prevented a deal to secure the cooperation of other major suppliers. More than 18 hours of talks over two days in Vienna yielded little more than a promise that the world’s largest oil producers would keep on talking. Discussions will continue in late November, just ...

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