(Reuters) -The Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet on Saturday that coordinated and disruptive work actions led by the International Longshore and[...]
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June 10, 2023
Twitter is refusing to pay its Google Cloud bills – Platformer
(Reuters) – Twitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month, which could result in the social media company’s trust and safety teams being[...]
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Credit Suisse CEO memo signals UBS deal to close Monday – Bloomberg
(Reuters) -Credit Suisse Group AG Chief Executive Ulrich Koerner has indicated that the emergency takeover of the bank by UBS AG will close on Monday, Bloomberg News reported on Saturday, citing an in[...]
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Crispin Odey to leave hedge fund he founded after assault allegations
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) -Crispin Odey, one of Britain’s best-known hedge fund managers, will be leaving the company he founded, Odey Asset Management, foll[...]
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Activision intervenes in Microsoft challenge to UK regulator’s block
LONDON (Reuters) – “Call of Duty” maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over it[...]
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KKR strengthens lead in Telecom Italia race by raising its bid
By Elvira Pollina and Akriti Sharma MILAN (Reuters) -U.S. fund KKR strengthened its lead in the race to secure the landline grid of Telecom Italia (TIM) when it offered to raise its bid by up to or ov[...]
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Sri Lanka lifts import limits on 286 items as crisis eases
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to emerge from[...]
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Rheinmetall could be worth 17 billion euro over medium term-CEO
BERLIN (Reuters) – The CEO of Germany’s largest defence contractor Rheinmetall said he expected a further boost to the company’s stock market value due to the Ukraine war and increas[...]
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Sweden’s Essity divests Russian operations
(Reuters) – Swedish hygiene products group Essity has divested its operations in Russia, the company said in a statement on Saturday. The company said it did not expect to see a material financi[...]
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