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Lenders and borrowers get rates 25% lower than on loans financed through traditional banking channels, and lenders enjoy 6.5% annual interest after charges.
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Rio Tinto's new CEO, Sam Walsh, said the miner will review investments and cut costs, after it notched its first annual loss following a drop in commodity prices and large impairment charges.
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The Merger Fund, reopened in October after two years of refusing new accounts, charges 1.34% of assets in annual expenses.
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