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Stellantis to recall nearly 164,000 US vehicles over risk of detached door trim pieces

(Reuters) – Stellantis is recalling nearly 164,000 Jeep vehicles in the U.S. due to issues causing a possible detachment of the trim on the driver and passenger doors, the U.S. National Highway Traffic Safety Administration said on Wednesday. The recall covers certain Chrysler Jeep Wagoneer and Jeep Grand Wagoneer vehicles made between 2022 and 2025, …

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JBS sees European acquisition opportunities, major shareholder says

By Ana Mano SAO PAULO (Reuters) -JBS, the world’s largest meat company, sees the European meat market as “fragmented” and therefore full of acquisition opportunities, Wesley Batista, controlling shareholder of the company now listed in New York, said on Tuesday during an event broadcast live. Speaking alongside Marcos Molina, controlling shareholder of rival companies Marfrig …

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EU antitrust regulators resume Mars, Kellanova probe, decision due December 19

BRUSSELS (Reuters) -EU antitrust regulators have resumed their investigation into candy maker Mars’ $36 billion bid for Pringles maker Kellanova, setting a December 19 deadline for their decision, according to an update on the European Commission website. The Commission, which acts as the EU competition enforcer, temporarily halted its probe in late July while waiting …

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Ukraine, US launch fund for critical minerals projects with $150 million investment

By Yuliia Dysa KYIV (Reuters) – Ukraine and the U.S. International Development Finance Corporation will each commit $75 million to a joint investment fund that is part of Kyiv’s minerals deal with Washington first signed in April, officials said on Wednesday. “The U.S. Development Finance Corporation (DFC) has made a pilot commitment of $75 million, …

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Armani’s value goes beyond style

By Elisa Anzolin, Dominique Patton and Mimosa Spencer MILAN (Reuters) -Armani’s economic value goes well beyond its stagnating fashion business and potential bidders are likely to take a close look at sales generated by fragrances and frames sold under the late designer’s name, industry sources and analysts say. The fashion house founded by Giorgio Armani …

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RedBird IMI’s CEO Zucker: regulation is hampering UK growth

CAMBRIDGE, England (Reuters) -Jeff Zucker, the chief executive of Abu Dhabi-backed RedBird IMI, said Britain’s regulation of media and financial markets was deterring investment and holding back economic growth. RedBird IMI bought Britain’s All3Media, the producer of hit TV show “The Traitors,” last year for 1.15 billion pounds ($1.43 billion). It also agreed to buy …

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Ukraine will need to buy $1 billion of gas to hit winter storage target after Russian attacks

By Pavel Polityuk KYIV (Reuters) -Ukraine has secured gas reserves to meet 80-90% of its winter demand and needs up to $1 billion of additional fuel to get through its fourth heating season since Russia invaded the country, industry officials and analysts say. Russia has spent the past two years attacking Ukrainian energy infrastructure to …

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Ex-BoE deputy governor warns Trump could flick financial payments ‘kill switch’

By David Milliken LONDON (Reuters) -Countries that see themselves as U.S. allies are now considering whether President Donald Trump’s administration could one day disrupt their payments systems to exert diplomatic pressure, a former top Bank of England official has said. Jon Cunliffe, the BoE’s deputy governor for financial stability from 2014 to 2024, said Western …

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UK regulator proposes exempting crypto firms from ‘integrity’ and other rules

By Kirstin Ridley LONDON (Reuters) -Crypto firms in Britain could be exempted from rules that ensure financial services companies act with integrity and in the interests of customers, under new proposals outlined by the Financial Conduct Authority on Wednesday. The move comes after Britain signalled in April it would cooperate on the best approach towards …

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Ryanair scraps three Vienna routes, demands lower taxes and fees

VIENNA (Reuters) -Ryanair said on Wednesday it was scrapping three routes out of Vienna and pulling out three of its 19 aircraft based there in its winter schedule, demanding Austria scrap its aviation tax and lower airport and air-traffic control fees. Ryanair boss Michael O’Leary told a press conference he had put a plan to …

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