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Brazilian Fifth Chamber Approved Agreement between Brazilian Prosecutor and SBM Offshore

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December 18, 2018 The Leniency Agreement with the Brazilian Federal Prosecutor’s Office (Ministério Público Federal – “MPF”) of September 1, 2018 has been approved by the Brazilian Fifth Chamber for Coordination and Review and Anti-corruption. This Leniency Agreement comprises a final settlement between the Company and the MPF with respect to alleged improper sales practices Read More

Husky Energy Announces Regulatory Approvals For MEG Energy Acquisition

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CALGARY, Alberta, Dec. 18, 2018 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) today announced it has met all regulatory requirements for its full and fair offer to acquire MEG Energy, including approval granted under the Investment Canada Act. “Receiving regulatory approvals is a significant step toward realizing this compelling opportunity,” said CEO Rob Peabody. “Our proposal Read More

Members of Brazilian cannibal ‘sect’ who fed neighbors human flesh pastries are sentenced

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A Brazilian man, his wife and his mistress will have a total of 210 years in prison to chew over their crimes after being found guilty of killing and eating three women, and using the meat in pastries that they sold to neighbors. Dubbed the “cannibals of Garanhuns” after the city in which they did Read More

Goldman, Morgan Stanley gain clout in Brazil as NY IPOs grow

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SAO PAULO (Reuters) – Goldman Sachs Group Inc (GS.N), Morgan Stanley(MS.N) and Bank of America Merrill Lynch(BAC.N) are regaining clout in Latin America’s largest economy as Brazilian companies opt to list shares in New York instead of on their local exchanges, Refinitiv data shows. A sign is displayed on the Morgan Stanley building in New Read More

Mercedes-Benz cuts China prices after tariff on U.S.-made cars suspended

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Mercedes-Benz logo is seen on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Benoit Tessier BEIJING (Reuters) – German luxury carmaker Mercedes-Benz on Monday said it would offer discounts on cars imported into China from the United States until March 31 after Beijing suspended additional tariffs on U.S.-made Read More

Uber welcomes, unions criticize UK plan to maintain flexible gig economy

2 days ago DieselGasoil Comments Off on Uber welcomes, unions criticize UK plan to maintain flexible gig economy
LONDON (Reuters) – Uber Technologies Inc welcomed on Monday the British government’s response to a review into workplace rights, which looks set to preserve the business models of gig economy companies, but unions rubbished the business ministry’s plans. The Uber application is seen on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah McKay Read More

EQT's board to seek talks with Rice brothers: sources

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(Reuters) – EQT Corp’s board of directors will ask to meet Toby and Derek Rice for talks, people familiar with the matter said on Sunday, after the two brothers threatened the largest producer of natural gas in the United States with a board challenge. FILE PHOTO – Traders yell as they wait for the IPO Read More

Exclusive: T-Mobile, Sprint see Huawei shun clinching U.S. deal – sources

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WASHINGTON/NEW YORK (Reuters) – T-Mobile US Inc and Sprint Corp believe their foreign owners’ offer to stop using Huawei Technologies equipment will help with the United States clearing their $26 billion merger deal, sources said, underscoring the lengths to which Washington has gone to shut out the Chinese company. FILE PHOTO: People walk past a Read More

Anti-harassment groups share $20 million CBS handout after Moonves exit

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LOS ANGELES (Reuters) – CBS Corp on Friday named the Time’s Up anti-sexual harassment group and 17 other organizations that will share a $20 million donation stemming from the exit of its chief executive Les Moonves following allegations of sexual misconduct. FILE PHOTO: CBS chairman Moonves arrives for “The Late Show with Stephen Colbert” at Read More

Intel, TPG in early talks to sell McAfee to Thoma Bravo: source

4 days ago DieselGasoil Comments Off on Intel, TPG in early talks to sell McAfee to Thoma Bravo: source
McAfee computer security software is shown for sale at a computer store in San Marcos, California, U.S., May 15, 2017. REUTERS/Mike Blake (Reuters) – Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday. Read More