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Nitro Software gets improved $364 million offer from Potentia
(Reuters) - Nitro Software said on Thursday it has received an improved takeover offer from private equity firm Potentia Capital, which now values the software maker at A$532.3 million ($363.6 million...
Syndicated Content Feb 22, 2023
Standard General says only FCC approval left for Tegna deal
(Reuters) -Hedge fund Standard General said its proposed acquisition of TV station operator Tegna Inc only needs Federal Communications Commission (FCC) approval after the U.S. Department of Justice r...
Syndicated Content Feb 22, 2023
Bank of America racked up $1.2 billion in penalties, settlements in 2022
By Lananh Nguyen NEW YORK (Reuters) - Bank of America Corp (BofA) amassed $1.2 billion in expenses for litigation and regulatory investigations last year including fines and settlements, according to ...
Syndicated Content Feb 22, 2023
Apple’s Chinese contract manufacturer to develop AR device – Nikkei
(Reuters) -Apple's Chinese contract manufacturer Luxshare Precision Industry Co Ltd will help develop the iPhone maker's long-awaited augmented reality (AR) device, Nikkei Asia reported on Thursday. L...
Syndicated Content Feb 22, 2023
Economists urge China to think ‘beyond GDP’ to head off climate risks
By David Stanway SINGAPORE (Reuters) - A team of influential economists has urged China to adopt a new development model based on "wellbeing" rather than GDP growth in order to fulfil its 2060 net-zer...
Syndicated Content Feb 22, 2023
Australia’s Medibank beats profit view, says customer losses slow
(Reuters) -Medibank Private Ltd, Australia's top health insurer, reported a bigger-than-expected jump in profit for the first half of fiscal 2023 on Thursday and said the rate at which it lost policyh...
Syndicated Content Feb 22, 2023
Stocks struggle to make headway as rate rises loom
By Tom Westbrook SINGAPORE (Reuters) - Asian stock markets were pinned near seven-week lows on Thursday while the dollar stood at multi-week peaks, as a run of strong economic data had investors worry...
Syndicated Content Feb 22, 2023
India’s Tata Motors in talks to raise $1 billion via stake sale in EV business – Report
BENGALURU (Reuters) -Indian carmaker Tata Motors has begun talks with sovereign wealth funds and private equity investors to raise up to $1 billion via a stake sale in its electric vehicle (EV) busine...
Syndicated Content Feb 22, 2023
JPMorgan says it is not liable for top banker’s ties to Jeffrey Epstein
By Jonathan Stempel NEW YORK (Reuters) - JPMorgan Chase & Co on Wednesday said it should not be held liable for a former top executive's relationship with Jeffrey Epstein in a lawsuit accusing the lar...
Syndicated Content Feb 22, 2023
Macau casino stocks, bonds on a roll as Chinese visitors return
By Georgina Lee HONG KONG (Reuters) - Chinese tourists are returning to Macau in hordes after Beijing lifted its restrictions on travel to the world's biggest gambling hub, lifting stocks and bonds of...
Syndicated Content Feb 22, 2023
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