By Isla Binnie (Reuters) – BlackRock boss Larry Fink, at the forefront of the business world’s adoption of environmental, social and corporate governance (ESG) standards, has stopped using[...]
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June 26, 2023
US new vehicle sales set to gain in June – S&P Global Mobility
(Reuters) – Sales of new vehicles in the United States are set to gain in June, helped by sustained demand for personal mobility, a study showed on Monday. “Signs of green shoots within th[...]
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Banks raised questions in 2020 about FTX-affiliated hedge fund’s wire activity, FTX says
By Hannah Lang (Reuters) – Certain banks working with FTX founder Sam Bankman-Fried’s trading firm Alameda Research raised questions about the firm’s wire activity as early as 2020,[...]
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Kering snaps up fragrance label Creed for new beauty division
By Mimosa Spencer PARIS (Reuters) – Gucci owner Kering said on Monday it had struck a deal to buy high-end French fragrance label Creed, its first acquisition since flagging intentions earlier t[...]
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PacWest sells $3.5 billion loan portfolio to asset manager Ares
(Reuters) -PacWest Bancorp unveiled a deal on Monday to sell a $3.54 billion lender finance portfolio to asset manager Ares Management, its latest move to strengthen its balance sheet after it was roc[...]
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Dollar edges off 15-month high vs rouble as Russia eyed
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the rouble on Monday, although it had pulled back from the 15-month high hit earlier in the session, while the Japanese yen gain[...]
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Odey suspends flagship hedge fund after redemption pressure – Bloomberg News
(Reuters) -Odey Asset Management has suspended its flagship hedge fund after it was hit with redemption requests following the removal of founder Crispin Odey, Bloomberg News reported on Monday. The c[...]
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Honda recalling 1.3 million vehicles worldwide for rear camera issue
By David Shepardson WASHINGTON (Reuters) -Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the rearview camera image, the U.S. National Highway Traffic Safety Admi[...]
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Aston Martin aims to hit adjusted profit, revenue targets by 2024-25, says FT
(Reuters) -Aston Martin Lagonda has forecast it would hit targets of 500 million pounds ($635.85 million) in adjusted profit and 2 billon pounds in revenue by 2024-2025, the Financial Times reported o[...]
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