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Shrinking short sale that’s fuelling Brazil’s ‘real’ rally

  Bloomberg The currency market is becoming more convinced that the Brazilian real’s world-beating rally this year is far from over. Foreign investors have reduced their bearish bets against the currency in the futures market by 33 percent since the end of 2015 to $15 billion, the least since November 2013, according to data compiled by Bloomberg and BM&FBovespa SA, ...

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Executives still hungry for deals after 2015’s record, EY says

  bloomberg Believe it or not, companies still want to make deals. Half of executives expect to pursue acquisitions in the next 12 months and 40 percent aim to boost sales through partnerships, according to EY’s Global Capital Conference Barometer, a survey of more than 1,700 executives in 45 countries. While that’s down from the 59 percent of participants who ...

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Obama says he expects progress on Asia, Europe trade deals

  Bloomberg President Barack Obama said he expects the U.S. Congress to vote on a trade deal with Asia-Pacific nations after the primary season over, and that his administration will complete negotiations on a similar pact with the European Union by the end of his presidency. “When we’re in the heat of campaigns people are naturally going to worry more ...

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