SHANGHAI (Reuters) -As China’s stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on quantitative trading strategies amid a growing outcry agains[...]
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September 21, 2023
Cisco taps new M&A firm Tidal for $28 billion Splunk deal
By Milana Vinn and Anirban Sen NEW YORK (Reuters) -A new mergers and acquisitions advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Syste[...]
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Magellan Midstream holders approve $18.8 billion sale to ONEOK
By Mrinalika Roy and Arathy Somasekhar (Reuters) -Magellan Midstream Partners’ unitholders on Thursday voted in favour of its sale to larger rival ONEOK Inc for $18.8 billion, creating one of th[...]
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Fed Chair Powell to host town hall with educators Sept 28
(Reuters) – Federal Reserve Chair Jerome Powell will host a town hall with educators on Sept. 28 that will also be webcast live, and he will take questions from the audience, the central bank sa[...]
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Oil settles lower as Russia fuel export ban boosts, rate hikes weigh
By Laura Sanicola (Reuters) – Oil prices settled lower after choppy trading on Thursday, rising as much as $1 a barrel after a Russian ban on fuel exports snatched the focus from Western economi[...]
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Coty moves ahead with Paris stock listing plans – Bloomberg News
(Reuters) -CoverGirl cosmetics parent Coty is moving forward with its plan to list on the Paris Stock Exchange which could take place as soon as the coming weeks, Bloomberg News reported on Thursday,[...]
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Cisco to buy cybersecurity firm Splunk for $28 billion
By Milana Vinn, Yuvraj Malik and Aditya Soni (Reuters) -Cisco Systems on Thursday agreed to buy cybersecurity firm Splunk for about $28 billion in its biggest-ever deal to strengthen its software busi[...]
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DuckDuckGo says market share constrained by rival Google’s huge wallet
WASHINGTON (Reuters) – The CEO of internet search engine company DuckDuckGo testified on Thursday that his company struggled to grow its market share because Google was paying key companies bill[...]
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Factbox-More automakers plug into Tesla’s EV charging network
(Reuters) – More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company’s superchargers closer to[...]
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