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Playtika Shares Rise More Than 10% After Company Says It’s Exploring S…
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Playtika Shares Rise More Than 10% After Company Says It’s Exploring S…

Source: Playtika Shares Rise More Than 10% After Company Says It’s Exploring S... Discovered on: 2022-02-25 01:04:00 Mobile-videogame company Playtika Holding Corp. said it is exploring strategic alternatives for its business, including a possible sale, amid a recent wave of industry consolidation. Shares of Playtika rose more than 10% in after-hours trading to around $20 a share. The Israel-based developer and publisher, whose portfolio includes casino-style games such as “Caesars Slots,” “House of Fun” and “Poker Heat,” went public in January 2021 at $27 a share.
U.S., Allies Roll Out Fresh Sanctions on Russia Amid Debate Over How H…
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U.S., Allies Roll Out Fresh Sanctions on Russia Amid Debate Over How H…

Source: U.S., Allies Roll Out Fresh Sanctions on Russia Amid Debate Over How H... Discovered on: 2022-02-25 04:17:00 Russia’s overnight assault on Ukraine triggered a surge of calls Thursday for Western allies to completely cut Russia off from the global financial system, but fear of collateral damage is quashing the idea for now. U.K. Prime Minister Boris Johnson, at a virtual meeting of leaders from the Group of Seven largest economies, advocated disconnecting Russia from Swift, the financial-messaging infrastructure that links the world’s banks. He joined a chorus of other senior officials, including Ukraine’s top officials, the foreign ministers of Estonia, Latvia and Lithuania, and senior U.S. lawmakers.
Asian markets track Wall St rally as traders weigh Russia sanctions
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Asian markets track Wall St rally as traders weigh Russia sanctions

Source: Asian markets track Wall St rally as traders weigh Russia sanctions Discovered on: 2022-02-25 03:14:43 Asian markets took their lead from a rally on Wall Street after Washington decided against imposing the stiffest sanctions on Russia - Copyright AFP Charly TRIBALLEAUEquities bounced back Friday from the previous day’s rout with investors taking their lead from a rally on Wall Street after Washington decided against imposing the stiffest sanctions on Russia over its invasion of Ukraine. Russian President Vladimir Putin’s decision to send troops into Ukraine sent shockwaves through Asian and European markets and sent oil past $100 for the first time since 2014 as traders contemplated a major conflict in Eastern Europe. Speculation had been growing for weeks about an incursion, w...
U.S. Banks Are Prepared for Russia Sanctions, but Concerns Grow About …
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U.S. Banks Are Prepared for Russia Sanctions, but Concerns Grow About …

Source: U.S. Banks Are Prepared for Russia Sanctions, but Concerns Grow About ... Discovered on: 2022-02-24 22:54:00 U.S. financial institutions are largely prepared to handle a new round of Russia-related sanctions in the wake of the invasion of Ukraine, given the steady ratcheting up of pressure against Russia over the past eight years and recent warnings of such measures from the Biden administration, according to experts with knowledge of the U.S. banking sector.The expanding conflict, however, will present some additional challenges for U.S. banks, from how they manage their correspondent banking relationships to possible retaliatory cyberattacks deriving from Russia. Several major financial institutions declined to comment publicly on their plans in light of sanctions, but retaliat...
Russia Bombs Ukranian Capital, Kyiv
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Russia Bombs Ukranian Capital, Kyiv

Source: Russia Bombs Ukranian Capital, Kyiv Discovered on: 2022-02-25 03:42:00 KYIV, Ukraine—Russian forces renewed bombing Ukraine in the early hours of Friday morning, with central Kyiv rocked by explosions, after President Vladimir Putin ordered an offensive that he said was aimed at toppling the government. A residential high-rise was hit, possibly by a downed Russian jet, and images from the scene showed fire and damage. The number of casualties from the assault was not immediately clear.
Wired, WSJ are finalists in National Magazine Awards | Business
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Wired, WSJ are finalists in National Magazine Awards | Business

Source: Wired, WSJ are finalists in National Magazine Awards | Business Discovered on: 2022-02-25 02:45:08 From Talking Biz News Wired magazine and The Wall Street Journal were named finalists in the National Magazine Awards, commonly called the Ellies. The Journal is a finalist in the podcasting category for “The Journal,” a co-production with… The post Wired, WSJ are finalists in National Magazine Awards appeared first on Talking Biz News. Any content specified as Talking Biz News content is the intellectual property of Talking Biz News. Any copying, republication or redistribution of such content, including by cacheing, framing or similar means, is expressly prohibited without the prior written consent of Talking Biz News. Source: https://talkingbiznews.com/they-talk-biz-news/wi...
US imposes tough sanctions on Russia, but avoids some severe steps
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US imposes tough sanctions on Russia, but avoids some severe steps

Source: US imposes tough sanctions on Russia, but avoids some severe steps Discovered on: 2022-02-24 22:55:04 US President Joe Biden announced "devastating" Western sanctions against Russia on Thursday after it invaded its neighbor Ukraine which sparked concerns about the impact on the global economy - Copyright AFP/File Greg BakerHeather SCOTTThe harsh sanctions the United States imposed on Russia Thursday cast a wide net and seek to cripple its financial and technology sectors, as well as punish the country’s elites. But Washington and its allies stopped short of enacting even tougher measures to punish Moscow for its invasion of Ukraine. The fresh sanctions target Russia’s two largest banks, which will be cut off from US dollar transactions, while state energy giant Gazprom and other...
SEC Probes Trading by Elon Musk and Brother in Wake of Tesla CEO’s Sal…
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SEC Probes Trading by Elon Musk and Brother in Wake of Tesla CEO’s Sal…

Source: SEC Probes Trading by Elon Musk and Brother in Wake of Tesla CEO’s Sal... Discovered on: 2022-02-24 23:57:00 WASHINGTON—The Securities and Exchange Commission is investigating whether recent stock sales by Tesla Inc. Chief Executive Elon Musk and his brother, Kimbal Musk, violated insider-trading rules, according to people familiar with the matter. The SEC’s investigation began last year after Kimbal Musk sold shares of Tesla valued at $108 million, one day before the Tesla chief polled Twitter users asking whether he should unload 10% of his stake in the electric-car maker and pledging to abide by the vote’s results.
Stocks End Higher After New Russian Sanctions Announced
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Stocks End Higher After New Russian Sanctions Announced

Source: Stocks End Higher After New Russian Sanctions Announced Discovered on: 2022-02-24 23:13:00 U.S. stocks staged a furious comeback Thursday as investors piled into growth and technology stocks in the wake of Russia’s invasion of Ukraine. Stocks fell in the aftermath of the attacks on cities across Ukraine, while oil, gold and government notes rose. Investor optimism grew, however, after President Biden in an afternoon address announced new sanctions on Russian elites, state-owned enterprises and banks. The European Union later announced its own sanctions.
Justice Department Sues to Block UnitedHealth’s Planned Buy of Change …
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Justice Department Sues to Block UnitedHealth’s Planned Buy of Change …

Source: Justice Department Sues to Block UnitedHealth’s Planned Buy of Change ... Discovered on: 2022-02-24 21:44:00 WASHINGTON—The Justice Department filed an antitrust lawsuit Thursday challenging UnitedHealth Group Inc.’s $13 billion acquisition of health-technology firm Change Healthcare Inc., arguing the tie-up would unlawfully reduce competition in markets for commercial insurance and the processing of claims. The deal, announced in January 2021, sought to bring a major provider of healthcare clinical and financial services, including the handling of claims, under UnitedHealth’s Optum health-services arm.