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HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing

FRANKFURT (Reuters) – Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities...

Starboard gauges Bristol-Myers shareholder support for Celgene deal

By Svea Herbst-Bayliss and Greg Roumeliotis (Reuters) – Activist hedge fund Starboard Value LP has asked a proxy solicitor to probe the level of support...

Amazon invites Ocasio-Cortez for tour, calls worker claims untrue

By David Shepardson WASHINGTON (Reuters) – A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face “dehumanizing...

Payless ShoeSource to start liquidation sales at stores

(Reuters) – U.S. discount retailer Payless ShoeSource Inc said on Friday it would begin going-out-of-business sales at its U.S. and Puerto Rico stores on...

Citigroup CEO gets $24 million as compensation in 2018

(Reuters) – Citigroup Inc said on Friday Chief Executive Michael Corbat will get a 4.35 percent raise, bringing his total compensation for 2018 to...

Big U.S. exchanges to sue SEC over ‘overreaching’ fee experiment

By John McCrank NEW YORK (Reuters) – The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping...

Exclusive: China ride-hailing giant Didi plans Chile, Peru launches to take...

By Aislinn Laing and Adam Jourdan SANTIAGO/BUENOS AIRES (Reuters) – Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some...

Mattel shares plunge on 2019 forecast

(Reuters) – Mattel Inc said on Friday gross sales for 2019 are expected to be flat, sending its shares down 18 percent. The toy maker...

Uber posts $50 billion in annual bookings as profit remains elusive...

By Heather Somerville SAN FRANCISCO (Reuters) – Uber Technologies Inc had $50 billion in total bookings for its ride-service and food-delivery businesses last year, a...

London bankers will need ‘chaperones’ for EU clients under no-deal Brexit:...

By Pamela Barbaglia and Huw Jones LONDON (Reuters) – Investment banks have warned M&A teams in Britain they cannot pitch business to clients in the...
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