Crown Resorts Loss Widens As Pandemic, Regulatory Costs Weigh

Crown Resorts Loss Widens As Pandemic, Regulatory Costs Weigh

By Harish Sridharan (Reuters) – Australia’s biggest casino operator Crown Resorts Ltd reported on Thursday a third consecutive half-yearly loss, as long spells of pandemic-related restrictions and regulatory costs continued to hurt operations. The company, which recently backed a $6.5 billion offer from private-equity firm Blackstone Inc, is struggling to rebuild its image following multiple…

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Japan's Trade Deficit Soars To 8-year High As Commodity Imports Soar

Japan’s Trade Deficit Soars To 8-year High As Commodity Imports Soar

By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) -Japan ran its biggest trade deficit in a single month in eight years in January as high energy costs swelled imports and manufacturers struggled with global supply constraints, causing a decline in car shipments. The growing trade deficit highlights the world’s third-largest economy’s vulnerability to soaring commodity…

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ISS Urges Apple Shareholders To Vote Against CEO Cook's Bonus

ISS Urges Apple Shareholders To Vote Against CEO Cook’s Bonus

(Reuters) -Proxy advisory firm Institutional Shareholder Services (ISS) urged Apple Inc investors to vote against Chief Executive Officer Tim Cook’s remuneration, citing concerns around the magnitude and structure of his equity award. Apple will hold its annual shareholder meeting in the first week of March. “There are significant concerns regarding the design and magnitude of…

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G20 Finance Leaders To Debate Inflation, Fallout From Tighter Policy

G20 Finance Leaders To Debate Inflation, Fallout From Tighter Policy

By Leika Kihara and Gayatri Suroyo TOKYO/JAKARTA (Reuters) – Finance leaders of the world’s top 20 economies will debate the fallout from lingering geopolitical tensions, rising global inflation and tighter monetary policy in some regions at a two-day meeting kicking off on Thursday. But rising COVID cases overshadow the gathering with many ministers either attending…

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