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Indonesia is on track to join the Philippines in a new monetary-easing cycle as a darkening global outlook forces Asia’s most aggressive interest-rate hikers of recent times to reverse course.
Oracle Corp. reported quarterly sales that topped Wall Street estimates on strong demand for applications, marking the world’s second-largest software maker’s return to growth amid a crucial transition to cloud-based computing. Shares gained about 3% in extended trading.
UnitedHealth Group Inc. won U.S. antitrust approval for its $4.3 billion acquisition of DaVita Inc.’s physician practice group, letting the health conglomerate close a deal it struck 19 months ago to expand its business of taking care of patients directly.
A family of Cuban exiles sued a unit of Expedia Group Inc. for compensation over a hotel property confiscated when Fidel Castro took power, in the latest of several lawsuits filed since Donald Trump upended a quarter-century of U.S. presidential practice.
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