DIRS.INFO The most relevant business & tech news

☆ Cramer's Lightning Round: GE Healthcare is a buy
▼ + stars: | 2023-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon GE Healthcare's year-to-date stock performance. Stock Chart Icon Stock chart icon NGL Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Fuelcell Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Pampa Energia SA's year-to-date stock performance. Stock Chart Icon Stock chart icon Annaly Capital's year-to-date stock performance.

Persons: we've, NGL, Fuelcell, it's, Argentina's, Brazil's, Enphase, Annaly, Jim Cramer's Organizations: GE, GE Healthcare, CNBC, NGL, Fuelcell, Pampa Energia, Pampa Energia SA, Enphase, Annaly Locations: Pampa, it's

☆ US lawmakers call for S.Africa to lose summit over Russia ties
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +3 min

Referring to the letter, South African foreign ministry spokesman Clayson Monyela said on Twitter: "There is no decision by the State Department/White House to move the AGOA Forum from SA." South Africa's Department of Trade and Industry, which manages the country's trade relations with the United States, said it was not planning to respond publicly to the letter. South Africa's government has declared its neutrality in the war in Ukraine, and President Cyril Ramaphosa is participating in an effort by African leaders to mediate in the conflict. The lawmakers also appeared to back up an accusation by the U.S. ambassador to South Africa that a sanctioned Russian vessel collected weapons at a South African naval base last year. South African officials say they are not aware of such an arms transfer and have launched an independent inquiry into the incident.

Persons: Russia S.Africa, Antony Blinken, AGOA, Clayson Monyela, Cyril Ramaphosa, Vladimir Putin, Antony Blinken's, Joe Bavier, Carien du, William Maclean Organizations: AGOA, Twitter, State Department, White, SA, Africa's Department of Trade and Industry, South, International Criminal, U.S, Thomson Locations: Johannesburg, U.S, Africa, Washington, Russia, JOHANNESBURG, South Africa, South, Nigeria, Ukraine, United States, China, Russian

☆ Logitech says CEO stepping down, to leave company
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +1 min

June 13 (Reuters) - Logitech SA (LOGN.S) said on Tuesday that Chief Executive Officer and President Bracken Darrell is resigning from his role effective immediately and will be leaving the company to pursue another opportunity. Darrell, who assumed the role of Logitech's CEO in 2013, will remain with the company over the coming month to facilitate the transition while a search for a replacement is conducted, the statement said. Meanwhile, board member Guy Getch will step in as interim CEO, the company said. "I feel this is a good point to hand over leadership," Darrell said, adding that he will remain a "customer, shareholder and fan" of the Swiss-American tech company. Reporting by Rahat Sandhu in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.

Persons: Bracken Darrell, Darrell, Guy Getch, Rahat Sandhu, Pooja Desai Organizations: Logitech SA, Logitech, Swiss, Thomson Locations: American, Bengaluru

Trump is scheduled to be in a Miami federal courthouse on Tuesday at 3 p.m. EDT (1900 GMT) for an initial appearance in the case. The poll also found Trump continues to lead his rivals for the party's presidential nomination by a wide margin. Some 43% of self-identified Republicans said Trump was their preferred candidate, compared to 22% who picked Florida Governor Ron DeSantis. Former U.S. President and Republican presidential candidate Donald Trump looks on as he attends the North Carolina Republican Party convention in Greensboro, North Carolina, June 10, 2023. Trump accuses Democratic President Joe Biden of orchestrating the federal case to undermine his campaign.

Persons: Donald Trump, Trump, Ron DeSantis, DeSantis, Jonathan Drake, Manny Morales, Jack Smith, William Barr, Joe Biden, Biden, Smith, Susan Heavey, Nathan Layne, Julia Harte, Doina Chiacu, Jacqueline Thomsen, Andy Sullivan, Noeleen Walder, Howard Goller Organizations: MIAMI, Reuters, Social, Republican, Florida, DeSantis, Former U.S, North Carolina Republican Party, REUTERS, U.S . Capitol, Miami, White, Democratic, Department, Thomson Locations: Miami, New Jersey, Georgia, Former, Greensboro , North Carolina, Lago Florida, Florida, New York

☆ Exclusive: LNG developer Venture Global spars with customers over cargoes
▼ + stars: | 2023-06-09 | by ( Curtis Williams | ) www.reuters.com time to read: +5 min

Italian electric utility company, Edison SpA (EDNn.MI), in May brought an arbitration proceeding against Venture Global over its failure to supply cargoes, Edison's spokeswoman said. Venture Global described the complex at the time of its first cargo shipment last year as holding "the global record for the fastest large-scale greenfield LNG facility to ever be built." Edison and Repsol signed purchase contracts with Venture Global in 2017 and 2018, respectively. That volume irked contract customers who believe Venture Global took advantage of high spot LNG prices at their expense. In its reply to DOE, Venture Global chastised Repsol as an "impatient" customer.

Persons: Shaylyn Hynes, Hynes, Repsol, Portugal's, Edison, Venture Global's Hynes, Curtis Williams, Gary McWilliams, Paul Simao Organizations: HOUSTON, Venture Global LNG, U.S, LNG, Edison SpA, Venture Global, Repsol SA, U.S . Department of Energy, DOE, Venture, Reuters, Edison, Shell, Federal Energy Regulatory Commission, General Electric Co, Thomson Locations: Calcasieu, Spanish, Arlington , Virginia, Cameron Parish , Louisiana, Europe, Russia, Ukraine

But in a statement on April 8 last year, the company said: "Due to recent developments, Acer has decided to suspend its business in Russia." Asked about subsequent exports to Russia via Swiss subsidiary Acer Sales International SA, Acer in Taiwan said in a statement that "we strictly adhere to applicable international regulations and trade laws regarding exports to Russia". Acer did not say why it continued shipping its goods to Russia despite saying it would suspend business there. Reuters was unable to establish where some Acer goods that can still be found on sale in Russia had originated from nor when they had arrived in the country. There were no deliveries of the newly prohibited items by Acer to Russia from Switzerland after that date.

Persons: Dell, Artem Zhavoronkov, Acer, Filipp Lebedev, Gleb Stolyarov, Ben Blanchard, Gabrielle Tétrault, Farber, Mike Collett, White, Kirsten Donovan Organizations: Reuters, Dell, HP, Acer, Russia, European Union, Acer Sales International SA, PC, IDC Russia, Nordic Star, Economy Ministry, Economic Affairs, Russia's Ministry of Industry, Trade, Thomson Locations: Taiwan, Russia, Ukraine, Acer's, Switzerland, Swiss, St . Petersburg, Japan, Bioggio, WhatsApp, Switzerland's, Tbilisi, Taipei, Geneva

☆ Brazil Is Key to Slowing Global Warming. But Its Carbon Market Has Struggled.
▼ + stars: | 2023-06-07 | by ( Paulo Trevisani | ) www.wsj.com time to read: +8 min

With Brazil struggling in its efforts to create a regulated carbon market, the country’s new president is moving to scrap his predecessor’s approach and start anew. Financing carbon-capture projects such as reforestation could also generate carbon credits. For example, a local regulated carbon market could help exporters avoid the carbon border adjustment mechanism the EU plans to charge on some imported products from 2026. Exporters also hope a regulated market would help repair Brazil’s abysmal environmental reputation, a product of its history of deforestation. The da Silva administration plans to have a carbon market operating in a couple of years, Toni said.

Persons: Luiz Inácio Lula da Silva, Jair Bolsonaro, ”, Gustavo Pinheiro, Luiz Gustavo Bezerra, Mayer Brown, Pelerson Penido Dalla Vecchia, Antônio Queiroz, Bezerra, Ana Toni, Silva, Toni, da Silva, Marina Silva, Annie Groth, “, Paulo Trevisani Organizations: Brazil, Climate, Society, Union, Vale, Agence France, group’s, International Chamber of Commerce, EU, Sustainable Business, National Secretariat, Street, Brazil’s Ministry of Development, Industry, Trade, Services, Environmental Ministry, United Nations Locations: Brazil, Paris, Braskem, Brazilian, Pennsylvania, Peru, Dubai

The Port of Long Beach is the second-busiest U.S. container terminal and a key driver of economic activity. That industry accounts for about half of the volume at the nation's container ports and is gearing up for back-to-school, Christmas and key sales events. That facility is majority owned by container shipping giant Mediterranean Shipping Company SA (MSC). Pacific Container Terminal, owned by Carrix Inc's SSA Marine, was closed on Monday for normal operational reasons having nothing to do with labor, terminal general manager Randy Galosic told Reuters. Many West Coast terminals are fully or partly owned by those shipping companies.

Persons: Biden, dockworkers, David French, TTI, Lee Peterson, Randy Galosic, Lisa Baertlein, Will Dunham, Chizu Organizations: National Retail Federation, Mediterranean Shipping Company SA, Warehouse Union, Coast, Container, Carrix, SSA, Reuters, ILWU, Long, Thomson Locations: ANGELES, West Coast, Southern California's Port, Long, Oakland , California, California, Washington, TTI, Los Angeles, Oakland, Long Beach, West

☆ Lightning Round: Sell Rivian and sell Lucid, says Jim Cramer
▼ + stars: | 2023-06-05 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Sell Rivian and sell Lucid, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Snowflake, Taiwan Semiconductor, Scotts Miracle-Gro, Azul SA, Palantir, Allison Transmission, Hilton, Essential Utilities, Samsara, Rivian, and Intel.

Persons: Jim Cramer, Allison Transmission Organizations: Taiwan Semiconductor, Scotts Miracle, Gro, Azul SA, Essential Utilities, Intel Locations: Snowflake

☆ Spotify to lay off 200 workers in podcast division
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +2 min

June 5 (Reuters) - Spotify Technology SA (SPOT.N) said on Monday it would cut 200 jobs from its podcast unit in its second round of layoffs, as the company restructures the business after years of heavy investment. Spotify had spent aggressively to build up its podcast business in recent years, hoping the higher engagement levels offered by the format will bring in more advertisers. In response, Spotify cut 6% of its workforce earlier in 2023 and announced the departure of Dawn Ostroff, who helped shape its podcast business and guided it through controversies such as the backlash around Joe Rogan's show for allegedly spreading misinformation about COVID-19. Sahar Elhabashi, who heads the podcast business, said on Monday that the company has "made the difficult but necessary decision to make a strategic realignment." Spotify also said it will merge its Parcast and Gimlet studios into a single Spotify Studios division, which will produce Spotify originals.

Persons: Dawn Ostroff, Joe Rogan's, Sahar Elhabashi, Elhabashi, Tiyashi Datta, Vinay Dwivedi, Shweta Agarwal Organizations: Spotify Technology SA, Spotify, Spotify Studios, Thomson Locations: Sweden, Bengaluru

☆ Gold eases as firmer dollar offsets support from bets on Fed pause
▼ + stars: | 2023-06-05 | by ( ) www.cnbc.com time to read: +2 min

Gold prices edged lower in rangebound trading on Monday as the dollar firmed after a strong U.S. payrolls report, overshadowing support from prospects that the Federal Reserve would pause its rate hikes this month. Spot gold was down 0.2% at $1,944.69 per ounce as of 0256 GMT, trading in a $6 range. But the unemployment rate surged to a seven-month high of 3.7% from a 53-year low of 3.4% in April. Asian shares extended a global rally on optimism that the Fed would pause its rate hikes this month, while oil prices jumped. Spot silver inched down 0.2% to $23.53 per ounce, platinum rose 0.2% to $1,005.00 per ounce, while palladium shed 0.6% to $1,412.46.

Persons: nonfarm, Philip Jefferson, Matt Simpson Organizations: Argor Hebaeus SA, Federal, Reuters, Index, U.S . House Locations: Swiss, Budapest, Hungary, U.S

☆ How to build a cheap DIY underground bunker to protect you from nuclear fallout, in 6 steps
▼ + stars: | 2023-06-03 | by ( Adam Barnes | ) www.businessinsider.com time to read: +10 min

In a pinch, this DIY fallout shelter would be better than an above-ground building, an expert said. Turns out, if a nuclear attack is imminent, you can build your own DIY fallout shelter for relatively cheap. Equipment you'll need for a DIY fallout shelterPhoto taken in 1961 of a 77-year-old man who built his own fallout shelter in his backyard. How to build a DIY fallout shelter for cheap in 6 stepsFirst, scout out a location for your fallout shelter. How this DIY fallout shelter would protect youSoil is a great shield from radioactive fallout.

Persons: —, Michael Ochs, Stringer, Cresson H, it's, Sun, bomba, Alex Wellerstein, MAXIM ZHURAVLEV Organizations: Service, Michael Ochs Archives, National Laboratory, Laboratory, Getty, University of Nevada, United States National Locations: Oak, Kearny, Nes, Las Vegas

☆ First-ever livestream from Mars will beam back images from the red planet today. Watch it here.
▼ + stars: | 2023-06-02 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

The European Space Agency (ESA) plans to live stream images from Mars. The European Space Agency (ESA) will be attempting its first-ever live stream of images from Mars today, providing space fans with close-up view of the red planet. The agency will aim to beam back an image of the red planet every 50 seconds from its Mars Express satellite at 12 p.m. It achievement will be an engineering feat for ESA's Mars Express satellite, which was launched 20 years ago today and has been orbiting Mars for nearly as long. A composite of Mars Express images.

Persons: —, ESA's Jorge Hernández Bernal, EHU Organizations: European Space Agency, ESA, Service, Mars Express, Mars, ESA Mars Express, Flickr Locations: Mars, Berlin, EHU Bilbao

☆ Petrobras eyes global expansion as Brazil hopes fade, sources say
▼ + stars: | 2023-06-01 | by ( Marta Nogueira | ) www.reuters.com time to read: +4 min

[1/3] A worker walks inside the Brazil's Petrobras P-66 oil rig in the offshore Santos basin in Rio de Janeiro, Brazil September 5, 2018. Petrobras' main bet on replenishing its reserves had been the Equatorial Margin, some 2,200 km of deepwater and ultra-deepwater assets along Brazil's northern and northeastern coast. According to one of the sources, the Equatorial Margin has been the company's "Plan A, B, and C" for restocking reserves. In March, Reuters reported that Petrobras was among at least 10 companies including Shell and Chevron to consider bidding on a Guyana oil auction, now scheduled for July. Such projects could also add scope for foreign expansion, said Mauricio Tolmasquim, Petrobras' chief energy transition and sustainability officer.

Persons: Pilar Olivares, Luiz Inacio Lula da Silva, Ibama, Jean Paul Prates, Prates, Lula, Mauricio Tolmasquim, Marta Nogueira, Gabriel Stargardter, David Gregorio Our Organizations: Petrobras, REUTERS, RIO DE, Brazil's Petrobras, Reuters, Petroleo, government's Energy Research, Ocean, Exxon Mobil, Estado, S, Shell, Chevron, Brazil, Thomson Locations: Santos, Rio de Janeiro, Brazil, RIO, RIO DE JANEIRO, Foz de Amazonas, Guyana, Suriname, Colombia, Argentina, Bolivia

☆ Brazil's top court sentences ex-President Collor to prison for corruption
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

[1/2] Then-Senator Fernando Collor de Mello, also a former Brazilian president, during a vote session on the impeachment of President Dilma Rousseff in Brasilia, Brazil, May 11, 2016. REUTERS/Ueslei Marcelino/File PhotoBRASILIA, May 31 (Reuters) - Brazil's supreme court voted on Wednesday to sentence former President Fernando Collor de Mello to 8 years and 10 months in prison on corruption and money laundering charges. The Brazilian prosecutor's office accused Collor, 73, of having received around 30 million reais ($6 million) in bribes from a subsidiary of state-run oil company Petrobras (PETR4.SA). The top court convicted the former senator in mid-May, but justices had still to decide on his sentence, which he can appeal. A rakish, dynastic heir with a penchant for expensive sports cars, Collor was one of Brazil's original free-marketeers whoopposed Brazil's entrenched protectionism and sought to privatize state-run firms in his curtailed presidency.

Persons: Fernando Collor de Mello, Dilma Rousseff, Ueslei Marcelino, Collor, Brazil's, Ricardo Brito, Carolina Pulice, Anthony Boadle, Grant McCool Organizations: REUTERS, Brazilian, Petrobras, PETR4, Thomson Locations: Brazilian, Brasilia, Brazil, BRASILIA, Alagoas

☆ Air France flight turns back to Osaka after malfunction, Kyodo reports
▼ + stars: | 2023-05-28 | by ( ) www.reuters.com time to read: +1 min

TOKYO, May 28 (Reuters) - An Air France KLM SA (AIRF.PA) passenger plane flying from Osaka in western Japan to French capital Paris turned back on Sunday after weather radar and speed meters malfunctioned while flying over the Pacific Ocean, Kyodo news agency reported. None of the 324 passengers and crew were injured, but the aircraft's leading edge was damaged and the cause was being investigated, Kyodo said, citing the transport ministry's office at Kansai International Airport. Air France flight 291 took off from Kansai airport around 11:15 a.m. (0215 GMT). The Airbus SE (AIR.PA) A350 turned back about 35 minutes later and landed safely at the same airport at around 2:25 p.m. The Kansai airport office of the Ministry of Land, Infrastructure, Transport and Tourism did not answer telephone calls from Reuters seeking comment.

☆ 2,500-year-old toilets reveal that the people of ancient Jerusalem were afflicted by painful stomach cramps and diarrhea
▼ + stars: | 2023-05-27 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

Archeologists excavated the cesspits below two toilets from Iron Age Jerusalem. At the time, Jerusalem was the capital of Judah — a vassal state under the control of the Assyrian Empire. "Toilets with cesspits from this time are relatively rare and were usually made only for the elite," Mitchell said. The study suggests the "long-term presence" of the disease across the Near East. Indeed, medical texts from the first and second millennium BC describe diarrhea afflicting the Near and Middle East populations.

☆ Russia's fearsome S-400 air-defense missiles are getting unexpected missions as Moscow struggles in Ukraine
▼ + stars: | 2023-05-25 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Russia's S-400 is a highly regarded weapon designed to intercept a variety of aircraft and missiles. But in Ukraine, Moscow has pressed its S-400s into service to intercept US-made HIMARS rockets or, more bizarrely, to bombard Ukrainian cities. Ukraine has used the S-300 — predecessor to the S-400 — and the American-made Patriot to intercept Kalibr cruise missiles and even Kinzhal hypersonic weapons. A more suitable system to destroy HIMARS rockets would be Israel's Iron Dome, which has frequently intercepted small rockets and even mortar shells. An S-400 missile is launched at a military base in southern Russia during an exercise in September 2020.

☆ Brazil's Moreira Salles family launch bid for Alpargatas shares
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, May 22 (Reuters) - An investment firm backed by Brazil's Moreira Salles family has decided to launch a tender offer to buy an additional stake in Alpargatas SA (ALPA4.SA), the shoemaker said on Monday, driving its shares higher. MS Alpa is controlled by the owners of holding firm Cambuhy and investment fund Alpa, linked to the billionaire Moreira Salles family, which are already part of Alpargatas' control block with a total stake of about 28%. Other major shareholders in the company include investment firm Itausa SA (ITSA4.SA) and Silvio Tini. Shares in Alpargatas, which were down roughly 40% so far this year, jumped more than 17% after the announcement, their second largest daily rise in the last two years, as market participants praised the offer. ($1 = 5.0033 reais)Reporting by Gabriel Araujo; Editing by Steven GrattanOur Standards: The Thomson Reuters Trust Principles.

"Inflation expectations are still very high," Campos Neto told a seminar hosted by newspaper Folha de S.Paulo on Monday, highlighting elevated long-term forecasts as particularly problematic. "Long-term forecasts remained little changed," the central bank chief said. "And we have a problem that are long-term inflation expectations persistently stuck around 4%". In the minutes of its May meeting, the central bank expressed concerns about inflation expectations, saying it continued "to assess that de-anchored expectations raise the cost of bringing inflation back to the target". Campos Neto acknowledged that headline inflation has been slowing down in Brazil, but noted that the core index remains "high" and "well above target".

☆ Brazil's Americanas to seek bidders for fruit and vegetable unit
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, May 18 (Reuters) - Brazil retailer Americanas SA (AMER3.SA) said on Thursday it will next week start to seek potential bidders for the acquisition of its Hortifruti Natural da Terra (HNT) business unit. In a securities filing, Americanas said it has hired Citigroup Global Markets Brazil as the financial adviser for conducting the process to sell the unit, which markets fruits and vegetables. Americanas noted, however, it has started "evaluating strategic alternatives for the business, which may involve preliminary contacts with potential interested parties." Co and HNT," Americanas said in the filing. Reporting by Carolina Pulice and Peter Frontini; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

WASHINGTON, May 18 (Reuters) - The U.S. Supreme Court on Thursday ruled against Amgen Inc (AMGN.O) in its bid to revive patents on its cholesterol-lowering drug Repatha over a legal challenge by French rival Sanofi SA (SASY.PA). Amgen sought to patent a group of antibodies that help reduce so-called "bad" cholesterol. In 2014, Amgen sued Sanofi and Regeneron for patent infringement over their rival drug Praluent, which works by a similar mechanism as Repatha. The justices said that Supreme Court precedent weighed against Amgen. President Joe Biden's administration, arguing in support of Sanofi, told the justices that Amgen had not disclosed the information needed to make to make its patents valid.

[1/2] A logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio MoraesSAO PAULO, May 18 (Reuters) - A decision by Brazil's environmental regulator to block state-owned oil company Petrobras' Amazon oil project has exposed tensions in President Luiz Inacio Lula da Silva's coalition between green advocates and those prioritizing economic development. Ibama, late on Wednesday, said it would block a request by state-run oil giant Petrobras (PETR4.SA) to drill at the Amazon mouth near Amapá, in a much-awaited decision that followed a technical recommendation by Ibama experts to reject the project. The decision by Ibama, which is overseen by Lula's environment minister, the globally recognized environmentalist Marina Silva, has riled some within the governing coalition. "We'll fight against this decision," Rodrigues wrote on Twitter, adding that "the people of Amapa want to have the right to be heard".

☆ Brazil environment agency rejects Petrobras' request to drill at Amazon
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

BRASILIA, May 17 (Reuters) - The Brazilian environmental protection agency Ibama said on Wednesday it had rejected a request from state-run oil company Petrobras (PETR4.SA) to drill a well at the mouth of the Amazon river. The much-awaited decision follows a technical recommendation by the agency's experts to reject the proposal. A technical report from Ibama had previously advised against the request, citing discrepancies in environmental studies, inadequate measures for communicating with indigenous communities, and insufficiencies in Petrobras' plan to safeguard the region's wildlife. Petrobras had several opportunities to solve controversial points of its project, but it was still presenting "worrying inconsistencies" for the operation in a new exploratory frontier of "high socio-environmental vulnerability," Ibama said in a statement. Petrobras did not immediately respond to a request for comment.

☆ Brazil's antitrust watchdog approves L'Oreal deal to buy Aesop
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, May 17 (Reuters) - Brazil's antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co's (NTCO3.SA) Aesop brand to French cosmetics company L'Oreal (OREP.PA), according to the country's daily gazette. Last month, L'Oreal agreed to buy Australian luxury brand Aesop from Natura for an enterprise value of $2.53 billion. Under the regulator's rules, the approval is considered definitive within 15 calendar days of its publication, if no appeals are filed. Reporting by Andre Romani; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "să"

25 mentions found