Exclusive-Germany cuts 2022 economic growth forecast to 2.2% – source
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 …
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Melvin Capital to shrink after GameStop losses -source
(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 …
EU works to cut cost of Russia oil ban to win over sceptics – source
By Francesco Guarascio BRUSSELS – The European Commission is working to speed up the availability of alternative energy supplies to try to cut the cost …
In rare comments, Myanmar’s Suu Kyi urges people to ‘be united’ – source
(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, …
Argentina central bank to analyze rate hike on Wednesday -source
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 …
Commissioner Haines Goes on Witch Hunt to Find Source of Leaked Crony Job Offer Memo
TOMS RIVER, NJ – Ocean County Commissioner Virginia Haines is conducting an unofficial investigation into the source of a leaked memo handwritten by the commissioner …
Benettons rule out any transaction involving break-up of Atlantia – source
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 …
PLATINUM EQUITY PORTFOLIO COMPANY PARAMOUNT GLOBAL SURFACES ACQUIRES STONE SOURCE
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 …
Exclusive-Two former U.S. officials help ethics probe of Trump ally Clark, source says
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 …
KKR sticks by request of due diligence on TIM – source
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 …
U.S. weighs dropping Iran’s IRGC from terrorism list -source
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 …
Canada to ditch pre-arrival COVID testing requirement for travelers -source
-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 …
SoftBank execs to leave boards of India’s Paytm, Policybazaar – source
NEW DELHI – Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online …
U.S. to ban imported Russian alcohol, seafood -source
WASHINGTON – The United States will ban imports of Russian alcohol and seafood, a source familiar with the situation told Reuters on Friday, in another …
Russian energy import freeze would hit Germany as hard as Covid – source
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 …
German 2022 budget plans 100 billion in new borrowing – source
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 …
Exclusive-Inter-American Development Bank will divest Russian assets, source says
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, …
U.S. shale oil and gas producers Oasis and Whiting in talks to merge – source
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 …
U.S. officials travel to Venezuela, a Russian ally, for talks – source
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 …
Facebook-backed Indian startup Meesho targets early 2023 for IPO – source
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 …
FTC approaches March deadline for reviewing Amazon-MGM deal -source
– 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 …
U.S. Treasury warns crypto firms on Russia cybersecurity threat – source
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 …
Peruvian community blocks road used by MMG copper mine, source says
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 …
Russia to spend up to $10 billion from rainy-day fund on buying Russian shares, source says
– 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 …
Biden has decided on his U.S. Supreme Court choice -source
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. …
EU foreign ministers could agree sanctions package on Tuesday, source says
BRUSSELS – EU ambassadors have been discussing a sanctions package on Russia consisting of four parts which could be agreed by the bloc’s foreign ministers …
Biden has started interviews for Supreme Court pick – source
WASHINGTON – U.S. President Joe Biden has started interviews with top candidates to serve on the Supreme Court “in recent days,” a source familiar with …
Peugeot sees Djokovic sporting its logo at next tournament, source says
By Gilles Guillaume PARIS – Carmaker Peugeot, a sponsor of Novak Djokovic, is glad the tennis star has told his story about his expulsion from …
Ivory Coast to announce $20 million cashew sector aid plan -source
By Ange Aboa ABIDJAN – Ivory Coast plans to commit more than $20 million to helping cashew processors struggling against competition from Asia and to …
Republicans plan to boycott Senate panel voting session on Fed nominees, source says
– Republicans on the Senate Banking Committee plan to boycott a meeting scheduled for Tuesday afternoon to vote on President Joe Biden’s slate of nominees …
Italy’s Banco BPM has no information about potential UniCredit bid – source
MILAN – Italy’s Banco BPM has not received any information about a possible bid from bigger rival UniCredit, a source close to the bank said …
China developer Yango, investors agree to delay onshore coupon payment -source
BEIJING – Chinese Developer Yango Group Co Ltd has reached agreement with investors to delay a 40 million yuan ($6.29 million) onshore coupon payment by …
Prince Andrew will give evidence next month in Giuffre lawsuit- source
LONDON – Britain’s Prince Andrew will give evidence next month in the sex abuse lawsuit brought by Virginia Giuffre, a source close to the prince …
Qatar Airways to order up to 50 Boeing 737 MAX -source
– Qatar Airways is set to place a provisional order for up to 50 Boeing 737 MAX jets as part of a potential 100-plane, $30-billion-plus …
Czech billionaire set to accept Aareal takeover offer – source
BERLIN – Czech billionaire Daniel Kretinsky is set to accept a takeover offer for Germany’s Aareal Bank from three financial investors, according to a source. …
Elliott and Vista nears $13 billion deal to buy Citrix – source
By Krystal Hu – Elliott Management Corp and Vista Equity Partners are close to buying Citrix Systems Inc in a deal that values the U.S. …
500,000 pounds of Crider Foods’ canned beef recalled due to high lead levels
WASHINGTON, Oct. 8, 2021 – Crider Foods, a Stillmore, Ga., establishment, is recalling approximately 525,717 pounds of canned beef with gravy products that may be …
Hackers Leak Twitch’s Source Code, Company Information In Massive Data Breach
Hackers released source code and data detailing the inner workings of popular streaming platform Twitch in a massive data breach Wednesday. “We can confirm a …