Billing software firm Zuora to go private in $1.7 billion deal with Silver Lake, GIC

(Reuters) – Billing software firm Zuora said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion, sending its shares up nearly 6% in early trading. Silver Lake and GIC will acquire all outstanding shares of Zuora’s common stock at …

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Tokyo Stock Exchange CEO says talks between firms and investors key to governance

By Anton Bridge TOKYO (Reuters) -The Tokyo Stock Exchange’s role from now on is to facilitate constructive dialogue between companies and investors rather than mandate how businesses are run, its head said on Thursday. “The real power to bring about change lies with investors and shareholders,” Hiromi Yamaji, chief executive officer of Japan Exchange group, …

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Gold hits record highs on US election uncertainty, more policy easing

By Anushree Mukherjee (Reuters) – Gold prices hit record highs on Thursday as uncertainty surrounding the U.S. presidential elections and the war in the Middle East prompted investors to seek out the safe-haven asset, while easing monetary policy environment kept prices elevated. Spot gold rose 0.7% to $2,690.60 per ounce by 1:42 p.m. ET (1742 …

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Carmaker GM supports Mexico’s push to strengthen regional supply chains

MEXICO CITY (Reuters) – U.S. automaker General Motors said on Thursday that it fully supported the Mexican government’s push to strengthen supply chains in the region, though it declined to “respond to speculation about future plans.” Mexico’s deputy economy minister had said on Wednesday that GM and Taiwanese tech giant Foxconn would announce plans to …

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Indonesia’s free meals plan in the spotlight as Prabowo readies for office

By Dewi Kurniawati SUKABUMI, Indonesia (Reuters) – Indonesian sixth-grader Shakila Fitriyani, a day labourer’s daughter who dreams of becoming a doctor, says she is keener to go to school these days because she is served a free lunch. “I am happy to receive the nutritious meal, milk and fruit,” Shakila said, speaking in her small …

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