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1 week ago | 
today.westlaw.com | Christopher Cushing |Rachna Uppal |Supantha Mukherjee
STOCKHOLM (Reuters) -London-based mobile game developer Tripledot Studios has agreed to buy marketing platform AppLovin's mobile games studio portfolio for about $800 million in cash and stock, it said on Thursday. The deal will help Tripledot expand...
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1 week ago | 
today.westlaw.com | Patturaja Murugaboopathy |Gaurav S Dogra |Rachna Uppal
(Reuters) -European equity funds attracted the largest weekly inflow in over a year in the week ending April 30, while U.S. funds saw outflows for a third straight week on continued uncertainty around the impact of tariffs on global economic growth....
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2 weeks ago | 
gurutrade.com | Bernadette Hogg |Christopher Cushing |Rachna Uppal |Kate Mayberry
April 30 (Reuters) - Swiss lift and escalator maker Schindler lowered its market outlook for new installations in the Americas from its prior assessment, it said in an investor presentation on Wednesday.
The company now expects the market to contract by up to 5% this year after previously estimating 2025 growth of up to 5%.
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2 weeks ago | 
gurutrade.com | Sergio Goncalves |David M. Latona |Rachna Uppal |Barbara Lewis
Says partnership is preferred next step
Falling output hits first-quarter profit
Shares fall in European afternoon trade
LISBON, April 28 (Reuters) - Portugal's Galp Energia has resumed talks with potential partners as it seeks to develop a discovery in Namibia, the company said on Monday after reporting a 29% drop in adjusted first-quarter core profit.
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2 weeks ago | 
today.westlaw.com | Donny Kwok |Selena Li |Rachna Uppal |Muralikumar Anantharaman
HONG KONG (Reuters) - Ant Group, an affiliate of China's e-commerce giant Alibaba Group, is buying a $362 million controlling stake in Bright Smart Securities & Commodities Group, marking its first acquisition of a securities brokerage licence.
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1 month ago | 
gurutrade.com | Farah Master |Yukun Zhang |Rachna Uppal
HONG KONG/BEIJING, April 8 (Reuters) - China's regulatory body for state assets said on Tuesday it would support central government-owned companies to increase their stock holdings and share buybacks to mitigate the impact of an escalating global trade war on the country's stock market.
Several Chinese state-owned companies, including oil giant Sinopec, have already announced plans to buy back shares to bolster investor confidence.
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1 month ago | 
today.westlaw.com | Louise Heavens |Rachna Uppal |Tommy Wilkes |Ludwig Burger
FRANKFURT (Reuters) -German prosecutors have fined asset manager DWS 25 million euros ($27 million) after a lengthy probe found the firm guilty of greenwashing, or making misleading statements about its environmental and social investing credentials....
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1 month ago | 
gurutrade.com | Asif Shahzad |Himani Sarkar |Rachna Uppal
ISLAMABAD, March 25 (Reuters) - Pakistan's inflation is likely to remain steady in March, in the 1% to 1.5% range, the country's finance ministry said in its monthly economic outlook, after slowing to its lowest level in almost a decade the previous month.
However, inflation could edge up slightly in April to the 2% to 3% range, the report, released on Tuesday, indicated.
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1 month ago | 
gurutrade.com | Clare Jim |Rachna Uppal
Liquidation hearing adjourned to April 28
Houlihan Lokey, Sidley Austin appointed as restructuring advisors
$30 million loan to be included in new restructuring -lawyer
Some developers may now focus on onshore debt restructuring
HONG KONG, March 24 (Reuters) - China Sunac has become the first Chinese property developer to plan a second restructuring of its offshore debt.
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1 month ago | 
gurutrade.com | Manvi Pant |Andrew Heavens |Rachna Uppal
March 18 (Reuters) - Sri Lanka's economy grew 5% last year, official data showed on Tuesday, beating forecasts, and marking a strong rebound from the country's worst financial crisis in decades,
The economy grew 5.4% in the fourth quarter, the Census and Statistics Department said in a statement.
The International Monetary Fund had forecast Sri Lanka would grow by 4.5% in 2024.
