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Updated: 8 hours 43 min ago
(Reuters) - Dow Chemical Co averted a proxy fight with Dan Loeb's hedge fund, Third Point LLC, by agreeing to add four independent directors to its board, sending its shares up as much as 4.5 percent.
LONDON (Reuters) - The United States may need tougher rules to regulate market benchmarks or risk being locked out of the European Union market, a top U.S. regulator has said.