(Reuters) – Alaska Air said on Wednesday it had agreed to extend by a day the review period of its proposed $1.9 billion acquisition of peer Hawaiian Holdings. Alaska and Hawaiian agreed with th[...]
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August 14, 2024
Commodities broker Marex plans more acquisitions; shares surge after results
By Eric Onstad LONDON (Reuters) – British-based commodities broker Marex Group is planning more acquisitions to diversify the company following a U.S. listing, its CEO told Reuters, in the wake[...]
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Brazil Senate committee again postpones vote on central bank financial autonomy
BRASILIA (Reuters) – A Brazilian Senate committee on Wednesday once again postponed a vote on a constitutional amendment proposal to grant financial autonomy to the central bank, which is backed[...]
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Tencent’s second-quarter revenue rises on gaming business recovery
BEIJING (Reuters) -China’s Tencent Holdings reported an 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a launch of a new mobile game in May tha[...]
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Factbox-Where Wall Street bosses stand on presidential candidates Trump and Harris
WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris and Republican rival Donald Trump are locked in a tight race ahead of the November presidential election and some on Wall S[...]
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UBS to sell Credit Suisse’s U.S. mortgage servicing business
ZURICH (Reuters) -UBS on Tuesday agreed to sell Credit Suisse’s U.S. mortgage servicing business, UBS Chief Financial Officer Todd Tuckner said on Wednesday, without naming the buyer. Tuckner, w[...]
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Rheinmetall buys Loc Performance as it looks to expand in US market
By Matthias Inverardi and Alexander Hübner DUSSELDORF (Reuters) -Rheinmetall will take over U.S. military vehicle supplier Loc Performance in a $950 million deal, the German defence group said, with a[...]
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Factbox-Big-ticket mergers in the packaged food space over the years
(Reuters) – Snickers-maker Mars inked one of the biggest deals in the packaged food industry when it said it would buy Cheez-It owner Kellanova in a $35.9 billion deal on Wednesday. Dealmaking i[...]
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UBS profit beats forecasts as investment bank shines, shares rise
By Dave Graham and Tommy Reggiori Wilkes ZURICH (Reuters) -Swiss bank UBS on Wednesday posted a quarterly profit that was double the market forecast, buoyed by investment banking and larger-than-expec[...]
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