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Global stocks struggle as bond yields, dollar regain traction

LONDON A six-day rebound in world stocks began to splutter on Tuesday, as bond market borrowing costs regained traction and the dollar kicked firmly away from a three-year low.

Recent Business News

Refiner goes belly-up after big payouts to Carlyle Group

NEW YORK Throughout 2016 and 2017, a rail terminal built to accept crude oil for the largest East Coast refinery often sat idle, with few trains showing up to unload.

4:50am EST

Albertsons will buy chunk of Rite Aid that isn't going to Walgreens: WSJ

U.S. grocery chain operator Albertsons Companies Inc plans to buy the part of Rite Aid Corp that is not being bought by Walgreens Boots Alliance Inc , the Wall Street Journal reported on Tuesday.

6:05am EST

New Toyota magnet cuts dependence on key rare earth metal for EV motors

TOKYO Toyota Motor Corp has found a way to reduce the amount of a key rare earth metal used in magnets for electric car motors by around 20 percent, which could tame the cost of producing electric cars and reduce the risk of a supply shortage of materials needed for their production.

5:20am EST

NuStar, other energy partnerships simplify business models to spur growth

HOUSTON Some publicly-traded U.S. energy pipeline and oil-storage partnerships are restructuring into simpler business models to help attract new investors and spur growth.

2:29am EST

HSBC profit disappoints as CEO Gulliver bows out

HONG KONG/LONDON HSBC Holdings reported a smaller than expected rise in annual profits and unveiled plans to raise up to $7 billion to bolster its capital, as CEO Stuart Gulliver hands over to a new leadership team on Tuesday. | Video

5:10am EST


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