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Thai Union scraps Bt54-bn deal
FRIDAY, DECEMBER 04, 2015
THAI UNION GROUP, the world's largest canned-tuna producer, yesterday scrapped a US$1.5-billion (Bt54 billion) attempt to acquire its US rival Bumble Bee Seafoods, after US authorities said consumers would be better off without the proposed transaction.
Increased currency volatility likely after ECB's extension of monetary easing
FRIDAY, DECEMBER 04, 2015
THE European Central Bank's decision on Thursday to extend its monetary-easing policy has disappointed the markets and contributed to the current volatility in the euro zone's money and investment markets.