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Equinor evaluating impact of British windfall tax on projects
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Suedzucker expects to raise its sugar prices again next year
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Zoom shares down 90% from peak as pandemic boom fades
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End of cheap money for U.S. farmers plows trouble into food production
SocGen and Alliance Bernstein to launch global equities venture
Date: November 22, 2022
By Sudip Kar-Gupta PARIS (Reuters) -Societe Generale, France’s third-biggest listed bank, and U.S. investment management company Alliance Bernstein plan to form a joint venture focusing on global cash equities and equity research, they said on Tuesday. The venture with Alliance Bernstein comes as SocGen aims to keep up with bigger and more profitable competitors such...
European companies are tapping bond markets again as investors return
Date: November 22, 2022
By Chiara Elisei LONDON (Reuters) – European companies are again looking to sell bonds after months of turbulence in world markets as investors warm up to riskier debt, offering the final opportunity to raise money before the year ends. Surging inflation, rapid interest rate hikes and a darkening economic outlook have weighed on bond sales...
Exclusive-Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million
Date: November 22, 2022
By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show. Most of FTX’s purchases were luxury beachfront homes, including seven condominiums in...
Analysis-China’s great reopening may come too late for many businesses
Date: November 22, 2022
by Casey Hall and Sophie Yu SHANGHAI (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of harsh COVID-19 restrictions. But just as excitement is mounting in global financial markets that the world’s second-largest economy may finally come out of isolation next year,...
King Charles hosts first state visit for S.Africa’s Ramaphosa
Date: November 22, 2022
LONDON (Reuters) – King Charles will host his first state visit since his accession to the British throne when he welcomes South African President Cyril Ramaphosa to Buckingham Palace on Tuesday. Charles, 74, has played a leading role in many of the recent official visits by the 112 foreign heads of state during the record-breaking...
Shell to ‘evaluate’ 25 billion pound British investments after windfall tax
Date: November 22, 2022
By Ron Bousso LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government’s decision to increase a windfall tax on oil and gas producers. “We’re going to have to evaluate each project on a case by case basis,” said...