ValueAct Holdings reduced stake in Trinity Industries, Inc.

© Reuters. ValueAct Holdings reduced stake in Trinity Industries, Inc. On the 1st of March, ValueAct Holdings sold 3.9 million Trinity Industries , Inc. (NYSE:) shares for $ 124 million at an average price of $ 31.85 per share. Shares of Trinity Industries, Inc. are down -10.42% since the transaction. ValueAct Holdings’s holding in Trinity […]

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Gas and nuclear industries fight to the end for ‘green’ EU investment label

2/2 © Reuters. FILE PHOTO: Cooling towers of the Nogent-sur-Seine nuclear power plant 2/2 By Kate Abnett and Simon Jessop BRUSSELS/LONDON (Reuters) – The gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable, fearing that exclusion from a new “green” list could deprive them […]

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Lebanese central bank sets 3,900 pound/dollar rate for essential food industries

© Reuters. FILE PHOTO: A man counts U.S. dollar banknotes next to Lebanese pounds at a currency exchange shop in Beirut BEIRUT (Reuters) – The Lebanese central bank will provide foreign currency at a fixed exchange rate of 3,900 Lebanese pounds per dollar for importers and manufacturers of essential food items, it said on Monday. […]

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Developing countries unlock key industries to safeguard earnings and jobs

© Reuters. Outbreak of the coronavirus disease (COVID-19) in Bogota By Helen Reid and Tanisha Heiberg (Reuters) – From Africa to Asia and Latin America, emerging countries disproportionately bruised by the COVID-19 pandemic are allowing some key industries to start back up in a bid to soften the economic blow. This tentative unlocking highlights the […]

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