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Consumer Goods & Retail Headlines

LPC: US loan market welcomes M&A surge

US companies have lined up at least US$42.5bn of loans to back a flurry of mergers in sectors ranging from healthcare to food and software in the second quarter as corporations try to grow by acquisition.

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U.S. Congress passes short-term bill to avert government shutdown

WASHINGTON The Republican-led Congress averted a U.S. government shutdown on Friday and gave lawmakers another week to work out federal spending through Sept. 30, with tricky issues like defense spending still unresolved. | Video