BERLIN -The German government will cut its growth forecast for Europe’s biggest economy for 2022 to 2.2% from 3.6% amid the war in Ukraine, a government source told Reuters on …
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(Reuters) – Melvin Capital Management is planning to shrink to $5 billion from the $8.7 billion it managed at the end of March, aiming to become more nimble to seek …
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By Francesco Guarascio BRUSSELS – The European Commission is working to speed up the availability of alternative energy supplies to try to cut the cost of banning Russian oil and …
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(Reuters) – Myanmar’s former leader Aung San Suu Kyi has called for unity among her people, according to a source familiar with her legal proceedings, in rare remarks since her …
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By Jorge Otaola BUENOS AIRES – Argentina’s central bank directors will meet on Wednesday to discuss a possible interest rate hike, a source with the bank told Reuters on Tuesday, …
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Commissioner Haines Goes on Witch Hunt to Find Source of Leaked Crony Job Offer Memo
by Phil StiltonTOMS RIVER, NJ – Ocean County Commissioner Virginia Haines is conducting an unofficial investigation into the source of a leaked memo handwritten by the commissioner pushing for the hiring of …
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MILAN – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source …
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Acquisition of National Tile and Stone Distributor Strengthens PGS Offering in Growing Commercial Flooring Market LOS ANGELES and MIAMI, April 1, 2022 — Platinum Equity portfolio company Paramount Global Surfaces (“PGS”) …
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By Sarah N. Lynch WASHINGTON – The top two U.S. Justice Department officials in the waning days of Donald Trump’s presidency are cooperating with a Washington legal body’s ethics probe …
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MILAN – U.S. investment firm KKR is keeping its request to access Telecom Italia’s data for a due diligence analysis before it can formalise its takeover bid, a person close …
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By Arshad Mohammed and Parisa Hafezi – The United States is considering removing Iran’s Revolutionary Guards from its foreign terrorist organization blacklist in return for Iranian assurances about reining in …
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-Canada will remove the need for incoming fully vaccinated travelers to get tested for COVID-19 before entering the country, starting on April 1, a source familiar with the plan said …
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NEW DELHI – Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person …
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WASHINGTON – The United States will ban imports of Russian alcohol and seafood, a source familiar with the situation told Reuters on Friday, in another action to impose costs on …
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BERLIN – A short-term freeze on energy imports from Russia resulting from its invasion of Ukraine is likely to cause a collapse in German gross domestic product similar to that …
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BERLIN – Germany’s draft budget for 2022 envisages just shy of 100 billion euros (dollars) in new borrowing, a person familiar with the budget planning said, meaning it would not …
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WASHINGTON – The Inter-American Development Bank plans to divest Russian holdings in its pension plans and remove Russia’s ability to observe the bank’s annual meetings, a source familiar the matter …
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By David French – U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon …
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By Matt Spetalnick WASHINGTON -Senior U.S. officials traveled to Venezuela on Saturday for talks with President Nicolas Maduro’s government, seeking to determine whether Caracas is prepared to distance itself from …
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By Shivani Singh BENGALURU – Indian startup Meesho, which counts Facebook-owner Meta Platforms and SoftBank Group’s Vision Fund 2 as its investors, is aiming to go public in early 2023, …
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– The Federal Trade Commission is approaching a mid-March deadline for making a decision on whether to approve Amazon.com Inc’s purchase of movie studio MGM for $8.5 billion, according to …
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By Hannah Lang – The U.S. Treasury Department has reached out to cryptocurrency companies about their cybersecurity controls amid concerns that Russia could wage retaliatory cyber attacks in response to …
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By Marcelo Rochabrun LIMA – A community in the Peruvian Andes has blocked a key transport road used by MMG’s Las Bambas copper mine, a source close to the Chinese …
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Russia to spend up to $10 billion from rainy-day fund on buying Russian shares, source says
by Reuters– The Russian government has ordered the finance ministry to channel up to 1 trillion roubles ($10.3 billion) from the National Wealth Fund to buy shares in Russian companies, a …
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WASHINGTON – U.S. President Joe Biden has decided on his choice for the U.S. Supreme Court, a person familiar with the process said on Thursday. The person did not name …