By Svea Herbst-Bayliss NEW YORK (Reuters) – Following the busiest quarter on record, activist investors slowed down in the second three months of 2023 but are expected to mount more high-profile[...]
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June 30, 2023
US, European IPOs show signs of life after lengthy drought
By Echo Wang and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) – A lackluster IPO market is showing signs of life as a flurry of deals in the United States and Europe raise hopes that a recover[...]
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Fox settles lawsuit with fired former producer Grossberg for $12 million
By Helen Coster and Jonathan Stempel NEW YORK (Reuters) -Fox Corp has settled for $12 million a lawsuit by former Fox News producer Abby Grossberg, who had claimed gender discrimination and accused th[...]
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Brazil offers tax advantages via e-commerce compliance program
BRASILIA (Reuters) -Brazil’s Finance Ministry will exempt companies participating in a new tax compliance program from paying federal taxes on e-commerce purchases up to $50, it announced on Fri[...]
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Odey Asset Management pushes to restructure funds -letters
By Carolina Mandl (Reuters) -Odey Asset Management (OAM) has proposed to restructure two of its key funds, according to letters to investors reviewed by Reuters, as part of efforts to extract founder[...]
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Spotify considering full-length music videos on app – Bloomberg News
(Reuters) – Spotify Technology is mulling adding full-length music videos to its app, which could help the music streaming platform compete with TikTok and Alphabet Inc’s YouTube, Bloomber[...]
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Humane, a startup founded by ex-Apple execs, will use Qualcomm chips
By Stephen Nellis (Reuters) – Humane, the startup founded by ex-Apple Inc executives that raised $100 million earlier this year, said on Friday that it will use Qualcomm Inc’s chips in its[...]
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Dollar softer after PCE, consumer spending data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was lower on Friday following two straight days of gains, after economic data showed a cooling in consumer spending, raising some doubt[...]
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Colombia central bank keeps interest rate unchanged, ending cycle of rises
By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -Colombia’s central bank board on Friday unanimously held the benchmark interest rate steady for the first time in nearly two years, with t[...]
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