Tag: RSBI:SIGNS
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Nestle to investigate banking relationships after Credit Suisse collapse
ZURICH, March 28 (Reuters) – Nestle (NESN.S) will examine its banking relationships following the planned acquisition of Credit Suisse (CSGN.S) by UBS (UBSG.S), the food group’s CEO Mark Schneider said on Tuesday. The world’s largest food group was a customer of Credit Suisse, Schneider told broadcaster TeleZueri in an interview to be shown Tuesday evening, […]
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Blackstone’s Schwarzman received more than $1 billion in remuneration, dividends, in 2022
Feb. 25 (Reuters) – Chief Executive Officer of Blackstone Inc (BX.N), Steve Schwarzman, took home about $1.26 billion in wages and dividends for 2022, a filing showed. Schwarzman received more than $1 billion in dividends from his Blackstone stock and $253.1 million in compensation, the filing showed Friday. Goldman Sachs Group Inc (GS.N) cut compensation […]
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Warren Buffett remains optimistic and preaches patience in an annual letter
Feb. 25 (Reuters) – Billionaire investor Warren Buffett indicated on Saturday that he has not yet lost his continued faith in the US economy and his company Berkshire Hathaway Inc (BRKa.N). In his annual letter to Berkshire shareholders, the 92-year-old Buffett urged investors to focus on the long-term big picture, rather than higher inflation and […]
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Gerber ends Tesla board run, says carmarker creates ‘own voice’
BOSTON, Feb. 24 (Reuters) – Investor Ross Gerber of Tesla Inc (TSLA.O) said on Friday he will end his candidacy for the electric carmaker’s board of directors, citing changes investors can expect next week. Gerber said in a phone interview that he decided to pull out after Martin Viecha, Tesla’s head of investor relations, told […]
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$3.7 billion UK mass action against Facebook for market dominance rejected – for now
LONDON, Feb. 20 (Reuters) – Facebook on Monday temporarily dropped a £3 billion ($3.7 billion) class action lawsuit over allegations the social media giant abused its dominant position to monetize users’ personal data . However, a London court gave the proposed plaintiffs’ lawyers up to six months to “have another try” to establish any alleged […]