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Storm blankets Syrian tented camps in snow, at least one child dead

20 Jan 2022

(Refiles to change media identifier to SYRIA-SECURITY/WEATHER) ZAITOUN CAMP, Syria (Reuters) – At least one child was killed in northern Syria this week when a storm blanketed tented camps in snow and brought freezing temperatures, compounding the misery of thousands of people displaced by the Mediterranean country’s decade-long war. The child died and its mother …

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British artist Henry Hudson embraces new horizons in London exhibit

20 Jan 2022

LONDON (Reuters) – British artist Henry Hudson says he took inspiration from flying in empty planes during the COVID-19 pandemic for his latest exhibition, presenting a collection of paintings depicting horizon lines in the sky. With titles such as “Horizon Line Somewhere Over the Atlantic Ocean” and “Horizon Line Somewhere Over China”, the works refer …

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Microsoft-Activision deal gives merger speculators a new darling

20 Jan 2022

By Svea Herbst-Bayliss (Reuters) – Hedge funds that earn returns speculating on precarious acquisitions were handed a gift this week when Microsoft Corp agreed to buy “Call of Duty” maker Activision Blizzard for $68.7 billion in cash. The transaction will require antitrust approval in the United States as well as other major jurisdictions including the …

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Unilever investors call AGM vote to push for healthy food targets

20 Jan 2022

By Simon Jessop and Siddharth Cavale LONDON (Reuters) -A group of investors in Unilever said on Thursday they had filed a fresh resolution urging the company to fix a “crucial blind spot” in its strategy and set ambitious targets to sell healthier foods. The resolution by an 11-strong investor group with $215 billion in assets, …

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WeTransfer owner WeRock seeks $714-813 million valuation in IPO

20 Jan 2022

By Toby Sterling AMSTERDAM (Reuters) – The company that owns the WeTransfer file service will be valued at between 629 million and 716 million euros ($714-813 million) at its initial public offering (IPO) in Amsterdam this month, it said on Thursday. WeRock, whose name will soon be changed to The Creative Productivity Group NV, published …

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Ryanair has ‘sea change’ in confidence as Omicron threat eases

20 Jan 2022

By Conor Humphries DUBLIN (Reuters) -Ryanair has experienced a “sea change” in its confidence in recent weeks, a senior executive said on Thursday, on perceptions that the threat from the Omicron COVID-19 variant is easing and public attitudes to travel are improving. Fares are also likely to rise across the European short-haul sector this summer …

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Hawkish cenbanks send leveraged loans to highest since 2007

20 Jan 2022

By Yoruk Bahceli (Reuters) -U.S. leveraged loan prices have surged to their highest levels since 2007 as investors snap up assets that will offer compensation while central banks start hiking interest rates. Leveraged loans are often taken out by companies with high levels of debt, usually with non-investment grade credit ratings, and are often used …

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