U.S.-based digital asset services firm BitGo has significantly expanded its insurance program capacity with British insurer Llyod’s of London that provides comprehensive insurance protection for cryptocurrencies and digital assets such as Bitcoin held in the Business Wallet and Custody offerings by either BitGo, Inc., or BitGo Trust Co. In February 2019, BitGo became the first to begin offering a comprehensive […]
Read moreThe U.S. Food and Drug Administration said it plans to ban menthol cigarettes and flavored cigars to significantly reduce disease and death from using combusted tobacco products, the major cause of preventable death in the U.S. The regulator said it is advancing two tobacco product standards, which will be issued within the next year to ban menthol as a characterizing […]
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PARIS – Ignoring calls by retailers to allow them to reopen by May 10, President Emmanuel Macron has laid out a calendar for a gradual unwinding of the third lockdown in France, starting on May 19, when shops, cinemas, theaters and museums will be allowed to reopen, alongside the terraces of cafes, bars and restaurants. At that date, the nationwide […]
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Restaurant Brands International topped Wall Street's estimates for earnings and revenues. The company said that its systemwide sales surpassed 2019 levels. But Tim Hortons hasn't overcome its struggles yet, reporting same-store sales declines. In this article QSR-CA Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street's expectations as its systemwide sales surpassed 2019 levels. Shares of the company were […]
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Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: Insiders describe what it’s really like to work for Goldman Sachs’ David Solomon. We mapped out 19 of the top up-and-coming analysts in equity research. M&T Bank executives detail their push to hire 1,000 technologists in the bank’s new Buffalo tech hub. If […]
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"This acquisition complements our existing health and nutrition portfolio in terms of brands and channels," said Greg Behar, CEO of Nestle Health Science. Nestle is paying 3.1 times the value of Bountiful's sales for the brands, and a multiple of 16.8 times of their earnings before interest before tax, depreciation and amortisation (EBITDA). Nestle has bought the main brands of […]
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Berkshire Hathaway’s shareholders are expected to follow the chairman’s lead and reject demands for more disclosures. By Michael J. de la Merced Source: Read Full Article
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LONDON (Reuters) – World stocks held near a record high and the euro was on course for its best month in nine as strong U.S. data and corporate earnings plus the Federal Reserve’s commitment to support the economy fuelled investors’ appetite for risk.FILE PHOTO: A man stands in front of a screen displaying Nikkei share average and the world’s stock […]
Read moreSignify, the world's largest lighting maker, reported on Friday first-quarter net profit and sales in line with expectations, as component shortages kept it from feeling the full effects of an economic rebound. The company raised its comparative sales growth outlook for 2021 to between 3% and 6% from the better than flat it had forecast in January. Rondolat had said […]
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