(Reuters) -Activist investor Elliott Investment Management has built a roughly $1 billion stake in Match Group and plans to push the Tinder dating app owner to take steps to improve …
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MADRID (Reuters) – A Spanish arbitrator who awarded $15 billion to the descendants of a former sultan in a land dispute with Malaysia dating back to the 19th century has …
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(Reuters) – Bank of America will take a charge of about $1.6 billion in the fourth quarter as it phases out the use of a Bloomberg interest rate benchmark. The …
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By Praveen Paramasivam CHENNAI (Reuters) -India’s southern state of Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, …
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By Lucy Raitano LONDON (Reuters) – Investors ploughed $123.1 billion into cash in the seven days to Wednesday, marking the largest such inflow since March 2023 and a record for …
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(Reuters) – U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion in October in a second straight markup, regulatory …
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By Carolina Mandl NEW YORK (Reuters) – Investors who bet against U.S. and Canadian stocks had paper losses of $194.9 billion last year following a sharp market rally, data provider …
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India likely to surpass FY24 target for state-run firms’ dividends by at least $1.4 billion – source
NEW DELHI (Reuters) – The Indian government will likely exceed its fiscal year target for dividends from state-run companies by at least 120 billion rupees ($1.4 billion), partly offsetting an …
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By Matt Tracy (Reuters) – U.S. corporate borrowers are raising nearly $16 billion in high-grade rated bonds on Wednesday, adding to a $29 billion issuance binge on Tuesday, as companies …
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LONDON (Reuters) – Bond exchange-traded funds (ETFs) gathered an annual record of $300 billion of assets under management in 2023, BlackRock said on Wednesday, as investors were lured in by …
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By Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in 2023, data firm Nasdaq eVestment said on Wednesday. Investors removed …
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SHANGHAI (Reuters) – BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totaling billions of yuan to its …
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(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5 billion during 2023. The shares were bought in both the …
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(Reuters) – OpenAI’s annualized revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October, the Information reported on Saturday citing people …
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(Reuters) -UnitedHealth Group said on Friday it had agreed to sell its operations in Brazil to the founder and former CEO of health insurance firm Qualicorp José Seripieri Filho. Last …
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TALLAHASSEE, FL — In a momentous announcement today, the Florida Lottery revealed that Saltines Holdings, LLC has claimed the record-breaking $1.6 billion MEGA MILLIONS jackpot. The drawing, which took place …
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FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around 1.16 billion euros ($1.28 billion), …
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(Reuters) – Air Methods, a private equity-owned medical helicopter company, said on Thursday it has emerged from bankruptcy nearly two months after it filed for Chapter 11 bankruptcy protection. The …
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SAN JOSE (Reuters) – Nicaraguan migrants sent relatives back home record remittances this year through November, data from the country’s central bank showed on Wednesday, fueled by massive waves of …
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HONG KONG (Reuters) – Hong Kong’s New World Development and Chinese state-backed China Resources Land said they will jointly build a $1.3 billion housing project in the financial city’s “Northern …
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BANGKOK (Reuters) – Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the …
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SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster relief programmes, under a bond …
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TOKYO (Reuters) – Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as …
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By Abigail Summerville (Reuters) – The private equity owner of Tropical Smoothie Cafe is preparing to put the U.S. restaurant chain up for sale for around $2 billion, according to …
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SEOUL (Reuters) – South Korea’s commercial banks will provide 2 trillion won ($1.53 billion) to support small businesses, the organisation representing the lenders said on Thursday, amid political and regulatory …