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LinkedIn deepens video ad push, taps more publishers and creators to spur growth

By Jaspreet Singh (Reuters) -LinkedIn is expanding its video advertising program, adding new publishers and creator-led shows to draw marketing dollars. The Microsoft-owned platform for professionals said on Monday that AT&T Business, IBM, SAP and ServiceNow will sponsor the debut season of four video programs as part of an expansion of its BrandLink program. Launched …

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Buffett shoots down talk of Berkshire railroad merger, CSX shares slide

By Sabrina Valle (Reuters) -Billionaire investor Warren Buffett on Monday shut down speculation of a blockbuster railroad merger, saying his company Berkshire Hathaway is not looking to buy another train company. Shares of CSX fell 5% on Monday after Buffett told CNBC he was not interested in a merger, dousing investor hopes that Berkshire’s rail …

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UK watchdog makes further probes into water firms’ executive pay

By Sam Tabahriti LONDON (Reuters) -Britain’s water regulator said on Monday that it has written to six water companies requesting details on remuneration disclosed in their annual accounts as part of a review into compliance with rules prohibiting performance-related executive pay. In June, the government banned the six water companies, including Thames Water and Yorkshire …

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Syria’s energy minister discusses investment opportunities with Germany’s Siemens

CAIRO (Reuters) -Syria’s Energy Minister Mohamed al-Bashir on Monday discussed investment opportunities with a delegation from Germany’s Siemens to improve energy infrastructure, according to a statement by the Syrian energy ministry. Syria has suffered from severe power shortages. On separate occasions, the country said it was working with partners including Gulf states in the energy …

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German agency says arms companies at risk of property attacks, document shows

BERLIN (Reuters) -German arms manufacturers face risks of property attacks from mounting protests, federal criminal investigators warned in a document seen by Reuters on Monday, ahead of an action targeting Rheinmetall this week. In a memo by the Federal Criminal Police Office, the agency said “Rheinmetall entwaffnen” or “Disarm Rheinmetall” protest could lead to property-related …

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German company is set to scrap politically sensitive Chinese turbine deal

By Riham Alkousaa and Sarah Marsh BERLIN (Reuters) -A German company may scrap a deal with a Chinese firm to supply turbines for one of its North Sea offshore wind farms, it said on Monday, citing operational reasons, although it added improved security was “a positive side effect”. China’s Ming Yang Smart Energy was due …

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French bonds tumble after PM calls confidence vote

LONDON (Reuters) -French government bond yields jumped to their highest since March, and the premium investors require to hold French debt rather than German bonds widened sharply after Prime Minister Francois Bayrou announced a confidence vote in his own government. Bayrou’s minority government could be ousted next month after three main opposition parties said they …

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European shares retreat after Powell-induced rally, JDE Peet’s soars

By Sruthi Shankar and Sukriti Gupta (Reuters) -European shares closed lower on Monday, giving back Friday’s gains on optimism around U.S. monetary policy easing, while JDE Peet’s soared on a buyout deal. European markets came under pressure following Friday’s surge when U.S. Federal Reserve Chair Jerome Powell pointed to a possible interest rate cut next …

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Puma shares soar on report Pinault family exploring sale of 29% stake

(Reuters) -Shares in Puma SE surged after Bloomberg reported on Monday that the holding company of France’s Pinault family is weighing options for its 29% stake in the German sportswear maker including sounding out potential buyers. The Pinault’s holding company, Artemis, which controls Gucci-owner Kering and other businesses in the luxury, arts and entertainment industries, …

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Valneva shares tumble after suspension of US chikungunya vaccine licence

(Reuters) -Shares of French drugmaker Valneva slumped more than 20% on Monday after the U.S. Food and Drug Administration suspended the licence for its chikungunya vaccine, Ixchiq, with immediate effect, citing serious safety concerns. The FDA’s Center for Biologics Evaluation and Research (CBER) said the suspension was based on reports of more than 20 serious …

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