MONTREAL – Proxy firm ISS joined Glass Lewis to back a Bombardier Inc proposal to reduce the number of its common shares, in a move the company said could help …
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China’s state asset regulator vows to ensure debt risks of centrally administered state firms controllable
by ReutersBEIJING – China’s state asset regulator vowed on Tuesday to ensure that the debt risks of centrally administered state-owned enterprises are controllable. Peng Huagang, spokesman for the State-owned Assets Supervision …
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TOKYO – Bank Of Japan Governor Haruhiko Kuroda said on Monday that the recent sharp weakening in the yen could impact on Japanese firms’ earnings plans. It is desirable that …
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By Giuseppe Fonte ROME – Italy plans to beef up its scrutiny of corporate takeovers with a new dedicated division at the cabinet office to oversee merger deals involving strategic …
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By Chibuike Oguh (Reuters) – GTCR LLC and Clayton, Dubilier & Rice (CD&R) are among private equity firms that have expressed interest in acquiring U.S. medical device manufacturer Merit Medical …
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U.S. House approves $55 billion in new COVID-19 aid for restaurants, other hard-hit firms
by ReutersWASHINGTON – A majority of the U.S. House of Representatives on Thursday voted to approve a $55 billion COVID-19 aid bill aimed at helping restaurants and other businesses that continue …
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(Reuters) – Russia’s lower house of parliament has passed in a third and final reading on Wednesday a bill on delisting of companies that are registered in Russia and have …
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HONG KONG – Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone Holdings and China Great Wall Asset Management on joint venture arrangements …
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(Reuters) – Russia’s transport ministry has drawn up a law that would oblige taxi companies to share data with the Federal Security Service (FSB), a document seen by Reuters showed …
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BEIJING – China will exempt the 3% Value Added Tax (VAT) levied on some small firms, the country’s main source of jobs, the finance ministry said on Thursday, to help …
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U.S. will ‘absolutely’ hit Chinese firms if they violate export controls on Russia, says Raimondo
by ReutersBy Andrea Shalal WASHINGTON -The United States will “absolutely” enforce export controls if Chinese companies send semiconductors to Russia that were made with U.S technology, a move that could “essentially …
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– Energy firms said they do not want U.S. federal energy regulators to apply new greenhouse gas emission guidelines to currently pending gas pipeline applications. On Feb. 17, the U.S. …
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FRANKFURT – Cryptocurrencies are being used to avoid sanctions levied against some Russian individuals and the European Central Bank has warned firms in that industry against becoming “accomplices” in that …
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BEIJING – China will give nearly 1 trillion yuan ($157 billion) in tax rebates to domestic small firms to shore up economic stability, state media CCTV quoted a cabinet meeting …
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BEIJING -China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to ease burdens on small businesses …
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– Russia’s second-largest state lender VTB, which has been targeted by Western sanctions, said on Thursday it would hand over servicing of foreign securities to other Russian financial companies, the …
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BEIJING – China opposes a U.S. crackdown on its telecom companies, the commerce ministry said on Thursday, after a U.S. regulator stripped Pacific Networks and its ComNet unit of authorisation …
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SHANGHAI – Shenzhen city in China, a key technology and manufacturing hub that had halted operations of companies to tackle rising COVID-19 cases, will allow them to resume work and …
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– Russia’s trade and finance ministries will widen the criteria for systematically important firms to include companies from the electronics sector, the TASS news agency quoted Deputy Prime Minister Dmitry …
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FRANKFURT – Luxury carmaker Mercedes-Benz AG on Friday firmed up plans to build a battery recycling pilot plant in Germany, part of a trend in which carmakers are trying to …
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LONDON – Russia’s central bank announced on Tuesday a series of steps to help financial market players such as private pension funds and management companies cope with the current “crisis …
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By Bharat Gautam – Palladium hovered marginally below an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, while …
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By Bharat Gautam – Palladium attempted to consolidate off an all-time peak in volatile trading on Tuesday as the Russia-Ukraine crisis fuelled worries of a supply squeeze of the metal, …
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By Nayara Figueiredo SAO PAULO – Soaring grain prices in the wake of Russia’s attack on Ukraine are hurting Brazilian meatpackers, but trade disruptions facing Ukrainian and Russian meat producers …
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By Sachin Ravikumar -Board members at Russian companies, including the British chairmen of gold and silver producer Polymetal and metals and hydropower group EN+, have quit in response to the …