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US hedge fund Libra Advisers buys 7.2 percent  stake in Rubicon for $12 million

US hedge fund Libra Advisers buys 7.2 percent stake in Rubicon for $12 million

Feb. 10 (BusinessDesk) - US hedge fund Libra Advisors will take a $12 million stake in Rubicon in a private placement to shore up the company’s funding position and support its future commitments to forestry biotech firm ArborGen. The New York-based investor will buy 29.3 mill...

09 Feb 2014
NZ dollar advances as US employment data disappoints, risk appetite returns

NZ dollar advances as US employment data disappoints, risk appetite returns

By Tina Morrison Feb. 10 (BusinessDesk) – The New Zealand dollar advanced after a key US employment report pointed to a weaker economy than expected and as risk appetite returned to the market. The kiwi touched 84.95 yen over the weekend, its highest level this year, and was t...

09 Feb 2014
World Week Ahead Yellen testimony follows weak US jobs news

World Week Ahead Yellen testimony follows weak US jobs news

Feb 10 (BusinessDesk) – Janet Yellen is scheduled to deliver her first testimony as chairman of the Federal Reserve to US lawmakers this week after a weaker-than-expected jobs report did little to temper investors’ optimism about the US economic outlook. In the past five days,...

09 Feb 2014