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Australia’s Star Entertainment narrows third-quarter losses

April 28 (Reuters) - Australian embattled casino operator Star Entertainment narrowed its third-quarter loss on Tuesday, reflecting the impact of cost savings and higher operator fee revenue. The company reported a loss before interest, taxes, depreciation and amortization for the three months ended March 31... Read More.

Weinstein’s Saba Capital to raise new fund, sources say

By Svea Herbst-Bayliss NEW YORK, April 27 (Reuters) - Boaz Weinstein's Saba Capital plans to expand its investment activities in public and private business development companies, a type of closed-end fund that invests in small to mid-sized private companies in distressed businesses, with a new... Read More.