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Brazilian Meatpacker JBS to Pursue U.S. Listing
The company intends to list its shares on the NYSE and the São Paulo Stock Exchange using Brazilian Depository Receipts by the end of 2023.
Illumina Fined More Than $400 Million in Europe for Closing Grail Deal Early
The European Union’s antitrust watchdog fined the company with the maximum allowable amount for wrapping up its acquisition of the cancer-test developer while the agency
Negotiators See Global Deal on Taxing Tech Firms Within Reach
An agreement would reallocate taxation of about $200 billion in profits; failure could lead some nations to impose their own levies on companies. Source link
Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link
KPMG Plans $2 Billion Investment in AI, Cloud Services
An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said.
Washington Post Hires Alex MacCallum as Revenue Chief After Leadership Exodus
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Lawmakers Demand Telecom Firms Act on Toxic Lead Cables After WSJ Investigation
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London's Canary Wharf Takes Brunt of Real-Estate Pain
Empty offices, remote working and corporate tenants fleeing to buzzier parts of the U.K. capital are all hitting the 30-year-old business district. Source link
Big Automakers Grab $1 Billion Deal for Urgently Needed Battery Metals
Volkswagen and Jeep maker Stellantis are each committing $100 million in a complicated transaction that will create a publicly traded mining company producing nickel and