– Video game maker Activision Blizzard Inc’s mobile gaming unit, King, said on Wednesday two of its senior executives, including a co-founder, would leave the company before its deal with …
Financial
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By Marc Frank HAVANA – The Cuban sugar industry is barreling again toward its worst season ever, according to official media reports and sources, threatening to dent both national pride …
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WASHINGTON – U.S. regulators and Meta Platforms Inc are at odds over when to start a high-profile antitrust trial, with the Federal Trade Commission proposing December 2023 and the Facebook …
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By Stefanie Eschenbacher PROCESADOR DE GAS CACTUS, Mexico – It never gets completely dark in Colonia El Carmen, home to Mexico’s largest natural gas processing center, in the poor southern …
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LONDON – The Bank of England is conducting an internal review into its policy on officials’ personal financial dealings, in the wake of an ethics scandal that shook the U.S. …
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By Paul Sandle LONDON -London’s Heathrow airport, Britain’s busiest, saw its lowest number of passengers since 1972 last year and suffered wider losses as the coronavirus pandemic slashed demand for …
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WASHINGTON – U.S. mortgage applications plunged to their lowest level in more than two years last week as rising mortgage rates dampened demand for loans to purchase homes and refinancing …
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-Goldman Sachs Group Inc is exploring measures such as seizing vested pay to dissuade top bankers from leaving, Bloomberg News reported on Wednesday, citing people familiar with the matter. The …
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SAO PAULO – Brazilian shoemaker Alpargatas has raised 2.49 billion reais ($492 million) in a planned follow-on share offering, a securities filing showed. Investment firm Itausa, which was already one …
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By Yousef Saba DUBAI -First Abu Dhabi Bank, the United Arab Emirates’ largest lender, is set to sell $500 million in senior unsecured Islamic bonds at 75 basis points over …
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BEIJING – Ukraine, which is locked in a security crisis with Russia, has seen growing investment from China in recent years. China has a strategic interest in Ukraine because of …
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SAO PAULO -Brazilian rental car firms Localiza and Unidas, formally known as Companhia de Locacao das Americas, are close to selling assets to win approval from antitrust watchdog Cade for …
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By Elizabeth Culliford – Facebook did not add labels to half of posts pushing content from top climate change deniers, according to an analysis from the Center for Countering Digital …
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– British broker Peel Hunt said on Wednesday it expected full-year earnings to miss analyst views, hurt by deal delays in its investment banking unit and a slowdown in its …
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– British insurer Phoenix Group on Wednesday appointed senior independent director Alastair Barbour as interim chairman to replace current Chairman Nicholas Lyons, who will go on a sabbatical. Barbour will …
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By Mike Dolan LONDON – The new year is proving unkind to the global investor consensus yet again and low visibility now becomes a major problem. As simmering Russia-Ukraine tensions …
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By David Lawder and Jason Lange WASHINGTON – The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates the conflict in Ukraine, denying …
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WASHINGTON – Banks in the United States do not expect a material financial impact on their businesses, or broader risk contagion, as a result of sanctions Washington and other countries …
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– Asset manager Blackrock said on Tuesday that it has increased its strategic overweight on equities, as an early-2022 selloff created “compelling opportunity.” “We see the combination of low real …
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By Tim Hepher PARIS – Airbus said on Wednesday it would build a demonstrator to test propulsion technology for future hydrogen airplanes in co-operation with French-U.S. engine maker CFM International. …
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By Nayara Figueiredo SAO PAULO – U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha …
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-JPMorgan analysts downgraded Russian equities to “neutral” from “overweight” on Tuesday, after Moscow sent troops to two breakaway regions in eastern Ukraine after recognising them as independent. President Vladimir Putin’s …
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By Vera Eckert and Kate Abnett FRANKFURT/BRUSSELS – German Chancellor Olaf Scholz on Tuesday halted the new Nord Stream 2 pipeline designed to bring more Russian natural gas to Germany, …
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By Valentina Za, Pamela Barbaglia and Elisa Anzolin MILAN – Oaktree has hired Morgan Stanley to sell a stake in Banca Progetto in a deal that could value the challenger …
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– Donald Trump’s Truth Social app was downloaded 170,000 times on Apple Inc’s App Store since its launch last Sunday evening, according to research firm Apptopia. The app created by …