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UK tells EU to block three-O2 deal ahead of Brexit vote

Bloomberg Britain’s antitrust watchdog urged the European Union to block CK Hutchison Holdings Ltd.’s plan to create the country’s biggest mobile phone operator, wading into a row two months ahead of a U.K. vote on its future in Europe. The U.K. Competition and Markets Authority, which failed to wrest the deal review from the European Commission, said that what Hutchison ...

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Fed’s inflation push finally has bond traders wanting to believe

Bloomberg When it comes to inflation, bond traders are finally starting to listen to the Federal Reserve. After trying, and failing, to convince investors the steep drop-off in inflation in the past year was just a short-term blip, the Fed is now winning them over. Since mid-February, the outlook for consumer-price gains has soared from post-crisis lows as oil rebounds ...

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Argentina agrees $253mn more in default settlement

NEW YORK / Reuters Argentina settled with additional creditors holding defaulted sovereign bonds for $253 million, Daniel Pollack, the court-appointed mediator in the long-running case, said. The agreements in principle reached late last week with several groups of creditors bring the aggregate amount of settled claims to approximately $8 billion, the statement said. “In my capacity as Special Master, with ...

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