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REIT Alexandria Real Estate posts higher Q4 FFO on resilient leasing demand

(Reuters) – Alexandria Real Estate Equities posted a rise in its fourth-quarter funds from operations on Monday, as the real estate investment trust benefited from steady leasing demand from biotech clients and technology-focused firms. The Pasadena, California-based company operates and develops life science laboratories, offices and technology campuses across North America. Its clients include Bristol …

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Lamb Weston shareholders unhappy with management, Jana says, hinting at proxy fight

NEW YORK (Reuters) – Lamb Weston shareholders love the French fry maker’s products but are unhappy with management, activist investor Jana Partners told the company’s board on Monday, signaling that it may launch a board fight later this year. The investment firm, which owns more than 5% of the roughly $9 billion company, polled Lamb …

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Canada December wholesale trade most likely up 0.1% – Statscan flash estimate

Jan 27 (Reuters) – Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle and motor vehicle parts and accessories subsector, Statistics Canada said in a flash estimate on Monday. The estimate was calculated based on a weighted response rate of 65.0%. The average weighted …

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Chicken rules the roost as pinched Argentines eat less pricey beef

By Horacio Fernando Soria and Juan Carlos Bustamante BUENOS AIRES (Reuters) – In Argentina, land of cattle ranches known for its succulent beef steaks and barbecue grills, chicken now rules supreme. The South American country’s 45 million people ate more poultry per capita than beef last year for the first time on record, official data …

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Dividend surge signals culture shift in China’s markets

By Jiaxing Li and Ankur Banerjee HONG KONG/SINGAPORE (Reuters) -New shades of capitalism are emerging in China’s tuckered out stock market as companies, at Beijing’s behest, buy back their shares and pay record dividends to investors lying in wait for a so-far evasive rebound. Investors say the record spree of share buybacks and dividend payouts …

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Moody’s raises Argentina’s rating for the first time in five years

(Reuters) – Ratings agency Moody’s on Friday raised Argentina’s long-term foreign currency sovereign credit rating to “Caa3” from “Ca”, citing the government’s forceful policy shift that has helped address economic challenges and stabilize external finances. Argentina achieved a record $18.9 billion trade surplus in 2024, according to official data released on Monday, which largely coincided …

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Moody’s revises Kenya’s ratings to ‘positive’ on potential liquidity risks easing

(Reuters) – Global ratings agency Moody’s revised Kenya’s outlook to “positive” from “negative” on Friday, citing a potential ease in liquidity risks and improving debt affordability over time. The East-African country has been struggling with heavy debt and looking for new financing lines since last year due to nationwide protests against proposed tax increases. Domestic …

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People leave New Zealand in record numbers in the 12 months through November

By Lucy Craymer WELLINGTON (Reuters) – (This Jan. 22 story has been corrected to say ’12 months through November,’ not ’12 months to November,’ in the headline and paragraphs 1, 2, and 8; to say ‘ended Oct. 30,’ not ‘ended October’ in paragraph 8) People leaving New Zealand hit record levels in the 12 months …

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Slow UK growth ticks up in January but price pressures climb, PMI shows

By Andy Bruce (Reuters) -Tepid growth across British businesses edged up at the start of 2025 but employment and optimism contracted again and price pressures rose, according to a survey that underscored the challenge facing the Bank of England. The preliminary “flash” reading of the UK S&P Composite Purchasing Managers’ Index (PMI) – published on …

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