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Disinterest driving the SPAC slowdown is misplaced, money manager says

Has the SPAC spigot run dry?New issuances via special purpose acquisition vehicles — blank-check entities that raise capital to merge with private companies and take them public — dropped off in April, with just 10 new SPACs coming to market versus 109 in March, according to SPAC Research.Investors were

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Berkshire Hathaway’s operating earnings jump, Buffett continues to buy back stock

Warren Buffett.Gerald Miller | CNBCBerkshire Hathaway's operating earnings rebounded as the conglomerate's businesses recovered from the pandemic hit. Chairman Warren Buffett kept buying back Berkshire shares aggressively in the first quarter, but at a slightly slower pace.Berkshire reported operating income of $7.018 billion in the first quarter, up 20%

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Physical gold in India swings to discount as pandemic stalls demand

Physical gold in India was sold at a discount this week for the first time in 2021 as a spike in coronavirus cases prompted strict restrictions and kept buyers away. Several Indian states have run out of coronavirus vaccines as new infections surged to another daily record. "Almost every state government

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O2 supply companies to get loans from Sidbi at 4.5-6%

(This story originally appeared in on May 01, 2021)MUMBAI: The Small Industries Development Bank of India (Sidbi) has launched two quick-delivery schemes to fund businesses in the micro, small and medium enterprise (MSME) segment that are helping tackle the second wave of the coronavirus pandemic. Under the SHWAS (Sidbi

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