LONDON (Reuters) -London Stock Exchange Group reported slightly stronger than expected 2022 income on Thursday, and hailed its integration of Refinitiv as a success as it announced plans to buy back m[...]
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March 2, 2023
UniCredit plans 30% CEO pay hike linked to beating goals
By Valentina Za MILAN (Reuters) -UniCredit will ask shareholders to approve a new pay structure for Chief Executive Andrea Orcel which offers a 30% rise if the Italian bank beats a wide set of targets[...]
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GSK spinoff Haleon forecasts 4-6% revenue growth in 2023
By Natalie Grover and Maggie Fick LONDON (Reuters) – Haleon, the world’s biggest standalone consumer health business with brands such as Sensodyne toothpaste and Advil painkillers, on Thur[...]
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Tesla vows to halve EV production costs, Musk keeps affordable car plan under wraps
By Hyunjoo Jin, Joseph White and Akash Sriram SAN FRANCISCO (Reuters) -Tesla Inc will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executi[...]
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Analysis-Cash-strapped countries face IMF bailout delays as debt talks drag on
By Jorgelina do Rosario LONDON (Reuters) – Countries in debt distress such as Zambia and Sri Lanka turning to the International Monetary Fund (IMF) for financial help are facing unprecedented de[...]
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Netflix back up after brief outage in US – Downdetector
(Reuters) -Video streaming service of Netflix Inc was back up on Thursday after facing a brief disruption in the United States, according to outage reports on Downdetector.com. At its peak, there were[...]
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Budweiser APAC bets on post-COVID China thirst for premium beer
BEIJING (Reuters) – Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into more Chinese cities with its premium products as it sees a rebound[...]
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S.Africa’s MultiChoice and Comcast to create Africa-wide streaming service
JOHANNESBURG (Reuters) -Africa’s biggest pay TV company, MultiChoice Group, said on Thursday it had entered into an agreement with U.S.-based media conglomerate Comcast to create a pan-Africa vi[...]
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China willing to play constructive role in debt talks
BEIJING (Reuters) -China is willing to “constructively” participate in solving the debt problems of relevant countries under a multilateral framework, Premier Li Keqiang said on Wednesday.[...]
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