DUBAI – Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the region’s biggest …
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ZURICH – The United States overtook Germany as Switzerland’s biggest export market last year, mainly thanks to strong growth in chemical and pharmaceutical products over the last two decades, the …
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JAKARTA – Shares of Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia fell as much as 3.14% on its second day of trading on Tuesday, after raising $1.1 billion in …
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(Reuters) -Pendal Group Ltd said on Tuesday the A$2.40 billion ($1.78 billion) non-binding takeover offer from asset manager Perpetual Ltd “significantly undervalued” the Australian investment manager. The A$6.23 per share …
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By Svea Herbst-Bayliss BOSTON -Activist investment firm Sachem Head on Monday cut its slate of director nominees at US Foods Holding Co to five from seven, backing away from plans …
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By Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a …
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By Gopal Sharma KATHMANDU -Nepal is tightening imports of cars, gold and cosmetics as its foreign exchange reserves have fallen, a central bank official said on Monday, after the government …
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By Scott Murdoch HONG KONG – Chinese question-and-answer website Zhihu Inc opened its bookbuilding process on Monday to raise $133 million in a dual primary listing in Hong Kong, according …
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HONG KONG – China’s Zhenro Properties said it has missed interest payments on two offshore bonds and expects four more defaults in the coming months due to the lockdown in …
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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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(Reuters) – More than a third of all homes and businesses in Puerto Rico remained without power on Friday, the second day of a massive outage on the Caribbean island …
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By Dan Whitcomb (Reuters) – A Fox News correspondent who was wounded in Ukraine during an attack that killed two of his colleagues said on Thursday that he had sustained …
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By David Shepardson WASHINGTON -The U.S. Senate on Thursday confirmed President Joe Biden’s pick to be the Pentagon’s chief weapons buyer, a former official for defense acquisition in the administration …
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By Daniel Trotta (Reuters) – One person was shot on the road in the United States every 17 hours in 2021, according to a new tally of road rage violence. …
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WASHINGTON – U.S. Vice President Kamala Harris’ communications director tested positive for COVID-19 on Wednesday, the White House said. The director, Jamal Simmons, was in close contact to Harris as …
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By Riya Sharma and Sameer Manekar (Reuters) – Australian fertility services provider Virtus Health said on Wednesday it will consider a revised buyout offer from minority owner BGH Capital, weeks …
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(Reuters) – Ann Sarnoff, the chief executive officer of WarnerMedia Studios and Networks Group, will leave the company, the New York Times reported on Tuesday, citing people briefed on the …
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By Chris Prentice and Susan Heavey WASHINGTON -The Public Company Accounting Oversight Board (PCAOB) on Tuesday said it has sanctioned KPMG LLP’s former vice chair of audit for his role …
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By Yereth Rosen ANCHORAGE, Alaska -More than 7.2 million cubic feet of natural gas escaped in a leak at a key Alaskan oilfield, forcing workers to evacuate and cutting production …
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SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep annual inflation in double digits, …
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By David Shepardson WASHINGTON -TracFone Wireless agreed to a $13.4 million settlement to resolve false claims allegations in connection with the Federal Communications Commission’s (FCC) low-income subsidy program, the U.S. …
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(Reuters) – Venture capital giant Sequoia Capital said on Monday Roelof Botha will take on the firm’s global leadership position, stepping into the role of senior steward from July 5. …
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SANTIAGO -Peru’s ministry of economy and finance announced on Sunday that it would suspend taxes on the country’s most consumed fuels to fight surging prices caused by the Russia-Ukraine conflict. …
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(Reuters) -The Federal Aviation Administration will investigate what went wrong when the cockpit windshield of a Delta plane shattered mid-air during a flight on Thursday to Washington, D.C., from Salt …
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(Reuters) – Ukraine’s gold and foreign currency reserves stand at $29 billion, the same level as before Russia’s invasion thanks to external financial support, the president’s economic adviser Oleh Ustenko …