U.S. to waive sanctions on firm, CEO behind Russia’s Nord Stream 2 pipeline -source

© Reuters. FILE PHOTO: A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke/File Photo MOSCOW (Reuters) – Russian officials on Wednesday said Moscow’s fraught ties with Washington could benefit from the waiving of U.S. sanctions on the company in charge of […]

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Hedge fund Melvin Capital lost 49% on its investments in Q1 -source

BOSTON (Reuters) -Melvin Capital, the hedge fund at the center of the GameStop (NYSE:) trading frenzy, lost 49% on its investments during the first three months of 2021, a person familiar with the matter said on Friday. The fund, founded by Gabe Plotkin, lost 7% in March, the source added, speaking on condition of anonymity. […]

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Lebanese prosecutor questions central bank governor after Swiss request, source says

© Reuters. FILE PHOTO: Lebanon’s Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut BEIRUT (Reuters) – Lebanese Central Bank Governor Riad Salameh has answered questions from Lebanon’s public prosecutor based on a Swiss request, a senior judicial source told Reuters on Thursday. The source said Salameh decided to […]

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EU’s trade deal offer to Britain ‘remains unacceptable’: UK source

2/2 © Reuters. EU Commission President von der Leyen meets British PM Johnson in Brussels 2/2 LONDON (Reuters) – Talks between Britain and the European Union on a post-Brexit trade deal will continue overnight but London believes the current offer from the EU remains unacceptable, a British government source said on Saturday. British Prime Minister […]

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DoorDash doubles valuation to raise $3.4 billion in U.S. listing – source

© Reuters. A delivery person for Doordash rides his bike in the rain during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City By Joshua Franklin and Chibuike Oguh (Reuters) – DoorDash Inc on Tuesday sold shares in its initial public offering at $ 102 apiece, above its upwardly revised target […]

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UniCredit to hold extraordinary board meeting on governance: source

© Reuters. FILE PHOTO: Unicredit bank logo is seen in the old city centre of Siena MILAN (Reuters) – UniCredit is expected to hold an extraordinary board meeting on Sunday to discuss governance issues as Chief Executive Jean Pierre Mustier’s mandate comes up for renewal in the spring, a person familiar with the matter said. […]

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Hyundai Motor Group heir apparent promoted to chairman: source

© Reuters. SEOUL (Reuters) – Hyundai Motor Group’s heir apparent Euisun Chung was promoted to the group’s chairman, a person familiar with the matter said, formally cementing his inheritance of the leadership position in the world’s fifth-largest automaker group from his octogenarian father. Hyundai Motor’s board endorsed the appointment of Chung as chairman, the person […]

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Italy ramps up pressure on Atlantia to reach motorway unit deal: source

© Reuters. FILE PHOTO: A logo of the Atlantia Group is seen outside their headquarters in Rome By Giuseppe Fonte ROME (Reuters) – Italy is ready to revoke motorway unit Autostrade per l’Italia’s (ASPI) lucrative concession if its parent company Atlantia fails to agree a deal over ASPI’s future by Wednesday, a government source familiar […]

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Trump to announce $13 billion in farm aid on Thursday: source

2/2 © Reuters. U.S. President Trump holds news conference at the White House in Washington 2/2 WASHINGTON (Reuters) – U.S. President Donald Trump will announce a new round of pandemic aid to farmers of about $ 13 billion at a campaign rally in Wisconsin on Thursday night, a source familiar with the situation told Reuters. […]

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