By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday urged shareholders to reject proposals that it avoid discussing hot-button social and politic[...]
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March 17, 2023
IDB Invest, Banco de Bogota announce $230 million sustainability bond
(Reuters) – The private investment arm of the Inter-American Development Bank’s parent group on Friday announced alongside Colombia’s Banco de Bogota the issue of a sustainability bo[...]
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UBS in talks to acquire Credit Suisse -FT
(Reuters) -Banking giant UBS is in discussions to take over all or parts of Credit Suisse, with the boards of Switzerland’s two biggest lenders set to meet separately over the weekend, the Finan[...]
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New Zealand to ban TikTok on devices linked to parliament, cites security concerns
By Lucy Craymer WELLINGTON (Reuters) -New Zealand said on Friday it would ban TikTok on devices with access to the country’s parliamentary network due to cybersecurity concerns, becoming the lat[...]
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Court rules Texas agency kept power prices too high during freeze
(Reuters) – The Texas agency that regulates the state’s power utilities overstepped its bounds and kept power prices too high in the wake of a deadly 2021 deep freeze that led to widesprea[...]
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First Republic Bank plans to raise cash by selling shares privately – NYT
(Reuters) – First Republic Bank is in talks to raise money from other banks or private equity firms by issuing new shares, the New York Times reported on Friday, citing three people with knowled[...]
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Uber challenge to California contractor law revived by U.S. appeals court
By Daniel Wiessner (Reuters) -A U.S. appeals court on Friday revived a lawsuit by Uber Technologies Inc and subsidiary Postmates Inc challenging a California law that would require them to provide mor[...]
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SVB Financial seeks bankruptcy protection as banking turmoil persists
By Mehnaz Yasmin (Reuters) -SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after its forme[...]
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U.S. regulators willing to share losses for sale of SVB, Signature Bank – FT
(Reuters) – U.S. regulators are willing to consider the prospect of the government backstopping losses at Silicon Valley Bank and Signature Bank if it helps push through a sale, the Financial Ti[...]
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