Exclusive-Texts tie DeSantis closely to Trump insider Lev Parnas in 2018 race

By Aram Roston and Joseph Tanfani BOCA RATON, Florida (Reuters) – Ukrainian-American businessman Lev Parnas and his business partner were arrested in 2019, accused by the U.S. government of funneling a Russian oligarch’s money into American political campaigns. One recipient of Parnas’ donations — Florida Governor Ron DeSantis — has said he was barely an…

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French business activity grows at slowest pace in four months in May – flash PMI

PARIS (Reuters) – French business activity expanded at is slowest pace in four months in May, a survey showed on Tuesday, as manufacturing continued to contract and growth in the dominant services sector decelerated. The HCOB Purchasing Managers Index (PMI) flash reading for France’s services sector in May, compiled by S&P Global, stood at 52.8…

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Krupa, hard-driving veteran entrusted with reviving Societe Generale

By Mathieu Rosemain PARIS (Reuters) – Slawomir Krupa has one clear mission when he takes over at Societe Generale on Tuesday: remake France’s third-largest lender as a top-tier bank with a distinct identity. The 48-year-old, who has spent his whole career at SocGen, must perform a tricky balancing act, improving returns for shareholders without taking…

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Austria’s Raiffeisen Attempts Last-ditch Russian Spin-off -sources

By Alexandra Schwarz-Goerlich and John O’Donnell VIENNA/FRANKFURT (Reuters) – Raiffeisen Bank International (RBI) is stepping up moves to hand its money-spinning Russian arm to shareholders, three people familiar with the matter said, amid mounting pressure to cut its ties to Moscow. Austria’s second-largest bank is making preparations for a spin-off after months of unsuccessfully trying…

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Austria’s Raiffeisen attempts last-ditch Russian spin-off -sources

By Alexandra Schwarz-Goerlich and John O’Donnell VIENNA/FRANKFURT (Reuters) – Raiffeisen Bank International (RBI) is stepping up moves to hand its money-spinning Russian arm to shareholders, three people familiar with the matter said, amid mounting pressure to cut its ties to Moscow. Austria’s second-largest bank is making preparations for a spin-off after months of unsuccessfully trying…

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Tesla offers China-made electric vehicles for sale in Canada

(Reuters) – Tesla is listing China-made Model 3 and Model Y models for sale in Canada, the company’s website showed on Tuesday, confirming the electric car maker has completed its first shipments to North America from its Shanghai factory. Tesla’s website showed both rear-wheel drive Model Y vehicles and the long-range, all-wheel drive version of…

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