(Adds CEO comment, company background, details) PARIS, Sept 10 (Reuters) – Louis Dreyfus Company (LDC) said on Friday it had completed the sale of a 45% indirect stake to Abu Dhabi holding firm ADQ, marking the arrival of the first non-family shareholder in the agricultural commodity group’s 170-year history. The overall value of the deal was not disclosed but LDC […]
Read more* Russia hikes by 25 bps to 6.75% * Chinese yuan logs best session in six weeks * JPMorgan slashes Evergrande PT (Updates after Russian central bank decision) Sept 10 (Reuters) – Russia’s rouble gave up some session gains on Friday after the central bank raised the benchmark interest rate less than expected and left the door open to more […]
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Check out the companies making headlines before the bell: Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the "buy now, pay later" company's revenue easily topped estimates. Active merchant numbers more than quintupled and Affirm issued a positive outlook as well. Toyota Motor (TM) – The automaker cut its annual production target by 300,000 vehicles as factories […]
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(Reuters) – After 20 years of fighting, the Taliban have tried to present a conciliatory face to the world. Afghanistan’s new rulers have a problem closer to home: winning the hearts and minds of their own people, starting in the capital.FILE PHOTO: A member of the Taliban forces points his gun at protesters, as Afghan demonstrators shout slogans during an […]
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FILE PHOTO: Passengers keep distance in a line at Dubai International Airport, as Emirates airline resumed limited outbound passenger flights amid the outbreak of the coronavirus disease (COVID-19) in Dubai, UAE April 27, 2020. REUTERS/Ahmed JadallahDUBAI (Reuters) – The United Arab Emirates said on Friday residents who had been fully vaccinated with a shot approved by the World Health Organization […]
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TOKYO (Reuters) – Japanese financial group SBI Holdings’s unsolicited bid for Shinsei Bank sparked a rally in Japanese financial shares on Friday on hopes it could accelerate further consolidation among struggling Japanese banks.FILE PHOTO: A woman walks past a logo of the Shinsei Bank at its branch in Yokohama, south of Tokyo, June 23, 2010. REUTERS/Issei KatoSBI, led by Yoshitaka […]
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WASHINGTON (Reuters) – President Joe Biden on Thursday took aim at vaccine resistance in America, announcing policies requiring most federal employees to get COVID-19 vaccines and pushing large employers to have their workers vaccinated or tested weekly.A nurse fills a syringe with Pfizer vaccine as mobile vaccination teams begin visiting every Los Angeles Unified middle and high school campus to […]
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FILE PHOTO: U.S. Representative Adam Schiff (D-CA) speaks during the opening hearing of the U.S. House (Select) Committee investigating the January 6 attack on the U.S. Capitol, on Capitol Hill in Washington, U.S., July 27, 2021. REUTERS/Jim Bourg/PoolWASHINGTON (Reuters) -U.S. Democratic Representative Adam Schiff called on Facebook Inc and Amazon.com Inc on Thursday to provide a more thorough explanation of […]
Read more* European stocks pare losses, U.S. shares reverse * Hong Kong benchmark falls 2.3% on China gaming crackdown * Dollar steady, euro nudges up as ECB reduces bond buying * Oil steady, aluminium perched at 13-year high, gold dips (Updates prices throughout, adds comment) WASHINGTON/LONDON, Sept 9 (Reuters) – European stocks pared losses and Wall Street reversed earlier gains on […]
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