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...For the first demonstration flight of its C919 passenger jet outside China, state-backed aircraft maker Comac headed to Singapore — a clear sign that the would-be rival to Boeing and Airbus saw south-east...
...Last year, it made its first profits in more than two decades....
...Additional reporting by James Fontanella-Khan...
...of Kinto, a Toyota leasing subsidiary that exclusively delivers the model in Japan....
...But the FDIC has at times agreed to take a so-called first loss position, covering any initial losses that are recognised at the time of the transaction. Additional reporting by Eric Platt in New York...
...The top US energy supermajor said on Wednesday that it had filed a case in the International Chamber of Commerce in Paris to assert its right of first refusal over Hess’s stake in the so-called Stabroek...
...The deal being discussed is unusual, with Skydance planning to take control of Paramount by first acquiring NAI and then merging Paramount with Skydance....
...A merger between Oklahoma-based Chesapeake — valued at about $10bn at the market close on Thursday — and Texas-based Southwestern — valued at $7bn — would be the first big gas-focused tie-up since the frenzy...
...Snyder, who previously worked at First Eagle, will sit as the head of US wealth distribution....
...The Wall Street Journal first reported the discussions on Wednesday....
...The Wall Street Journal first reported that Cigna’s plans to merge with Humana had ended. Cigna and Humana did not immediately respond to requests for comment....
...First, the impact of the universal proxy rules, which guarantee that all board nominees will appear on the company’s ballot....
...In its first year, the deal is expected to generate $1bn in free cash flow — based on the benchmark US oil price remaining at $70 a barrel — plus about 170,000 barrels of oil equivalent a day....
...News of the talks between Occidental and CrownRock was first reported by the Wall Street Journal. Neither company responded to requests for comment....
...Choice’s latest offer is the third it has sent to Wyndham since they first held talks six months ago....
...High-tech emigration will rise, alongside the emigration of doctors, which has already begun, and veterans of the Intelligence Corps and Air Force....
...“Our study will shed light on whether investments and partnerships pursued by dominant companies risk distorting innovation and undermining fair competition,” wrote the FTC’s chair Lina Khan....
...I think it is too early to tell,” said Zuhair Khan, who manages the Japan Corporate Governance Long/Short fund for Union Bancaire Privée....
...Monday UK: 100th anniversary of the first Greenwich Time Signal (aka “the pips”) first used on radio by the BBC Tuesday UK: former prime minister Liz Truss to launch a new political grouping of Tory MPs...
...Higher interest rates and a transatlantic banking crisis choked off mergers and acquisitions in the first quarter, almost halving the value of transactions, according to data from Refinitiv....
...Players continue to flock to GTA V a decade after it was first released, thanks to a steady stream of new content and add-ons from its developer, Rockstar....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...One of the people said that the government was not concerned about contagion beyond First Republic....
...But First Republic revealed last Monday that it had suffered more than $100bn in outflows....
...Microsoft defeated an attempt by the Federal Trade Commission to prevent its closure in a US court, thwarting the legal action led by the agency’s chair Lina Khan....
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