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Third Point takes stake in Cano Health, pushes for company sale
BOSTON (Reuters) - Hedge fund Third Point LLC said in a regulatory filing on Wednesday that it owns a 6.37% stake in Cano Health and is urging a strategic review that should focus on selling the U.S. ...
Syndicated Content Mar 09, 2022
Wall Street regulator to mandate listed companies spell out cyber risks
By Katanga Johnson WASHINGTON (Reuters) - Wall Street's watchdog is set to unveil a rule on Wednesday that aims to enhance how public companies disclose when they experience a breach, and how soon. Un...
Syndicated Content Mar 09, 2022
Russia moves towards nationalising assets of firms that leave – ruling party
(Reuters) - Russia's ruling party, United Russia, said on Wednesday that a government commission had approved the first step towards nationalising assets of foreign firms that leave the country in the...
Syndicated Content Mar 09, 2022
Italy’s state TV to hold at least 30% stake in towers unit
By Giuseppe Fonte ROME (Reuters) - Italy has ruled that state broadcaster RAI should retain a stake of at least 30% in its towers unit Rai Way, a draft government decree seen by Reuters showed on Wedn...
Syndicated Content Mar 09, 2022
BMW to resume production at some plants
BERLIN (Reuters) - BMW will gradually resume production at its Munich and Dingolfing plants next week, a company spokesperson said on Wednesday, after suspending production earlier this week due to su...
Syndicated Content Mar 09, 2022
Taiwan wants to be ‘full member’ of U.S. Indo-Pacific Economic Framework
TAIPEI (Reuters) - A senior Taiwanese minister called on Wednesday for the island to be made a "full member" of the United States' forthcoming Indo-Pacific Economic Framework, saying Taipei was a reli...
Syndicated Content Mar 09, 2022
Ukraine war fuels Bosnian businesses’ growth, instability fears
(Fixes typo in paragraph 3) By Daria Sito-Sucic TESANJ, Bosnia (Reuters) - Bosnian businesses, already grappling with domestic instability and anaemic economic growth, fear further turmoil from potent...
Syndicated Content Mar 09, 2022
McDonald’s says Russia store closures to cost $50 million per month
(Reuters) - McDonald's Corp said on Wednesday the temporary closure of its 847 stores in Russia will cost the fast food chain about $50 million a month. The company said on Tuesday it would temporaril...
Syndicated Content Mar 09, 2022
Lessors face legal quagmire as Russian plane repos stall
By Tim Hepher, Engen Tham and Carolyn Cohn PARIS/SHANGHAI/LONDON (Reuters) - Global leasing companies staring at an imminent sanctions deadline to repossess more than 400 jets worth almost $10 billion...
Syndicated Content Mar 09, 2022
Gold, palladium retreat from highs as risky assets stabilize
By Bharat Gautam (Reuters) - Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback, with analysts predicting another run higher for precious metal...
Syndicated Content Mar 09, 2022
Peoria, IL, USA
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