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GrainCorp acquires German maltster

Grains marketer GrainCorp has boosted its malting operations, agreeing to buy a German maltster for an enterprise value of about $77 million.GrainCorp said the takeover of GermanMalt GmbH & Co would m..

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US rushes to avert disastrous default

The White House and top lawmakers are scrambling to reach a deal to save the world's richest country from a disastrous default on its debt.With global financial markets on edge, US President Barack Ob..

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