(Reuters) - Infrastructure engineering software maker Bentley Systems Inc said on Thursday it had agreed to buy privately held geological and geophysical modeling software developer Seequent in an about $1.05 billion deal. ...
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By Yasin Ebrahim Docusign reported fourth-quarter results that topped analysts expectations and delivered upbeat guidance on bets the 'work from anywhere' trend is here to stay in the post-pandemic era. DocuSign (NASDAQ:DOCU) fell 2% in after-hours trading, and had closed up 6% on the day. For fiscal 2022, the company guided revenue in the range of $1.96 billion to $1.97 billion, above...
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By Karen Freifeld (Reuters) - The Biden administration this week amended licenses for companies to sell to China's Huawei Technologies Co Ltd , further restricting companies from supplying items that can be used with 5G devices, among other conditions, sources said. The changes could disrupt existing contracts with Huawei, based on previous licenses approved for suppliers, which they may no longer be...
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By Jeff Mason WASHINGTON (Reuters) - President Joe Biden signed his $1.9 trillion stimulus bill into law on Thursday, commemorating the one-year anniversary of a U.S. lockdown over the coronavirus pandemic with a measure designed to bring relief to Americans and boost the economy. The Democratic-led U.S. House of Representatives gave final congressional approval to the measure on Wednesday, handing the Democratic...
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By Yasin Ebrahim Investing.com – The S&P and Dow hit record highs on Thursday, led by surge in tech stocks on easing fears about disorderly rise in U.S. rates, with some on Wall Street calling the recent selloff a "golden opportunity" to load up on growth. The Dow Jones Industrial Average rose 0.95%, or 323 points, and had hit intraday record of...
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JOHANNESBURG (Reuters) - Mozambique's claims against shipbuilder Privinvest, at the centre of a $2 billion debt scandal, fall under an ongoing arbitration process, Britain's appeals court found on Thursday, in a blow to Mozambique's efforts to remove its liability for part of the money. Mozambique is suing Privinvest, its billionaire CEO Iskandar Safa, and international investment bank Credit Suisse ...
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By Joshua Franklin and Anirban Sen (Reuters) - Grab Holdings Inc is in talks to go public through a merger with a special purpose acquisition company that could value the ride-hailing giant at nearly $40 billion, making it the largest ever blank-check deal, people familiar with the matter said on Thursday. The Wall Street Journal reported earlier in the day SoftBank-backed Grab...
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Investing.com – U.K. equities were higher at the close on Thursday, as gains in the Mining, Electrical and Travel & Leisure sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 rose 0.31% to hit a new 1-month high. The biggest gainers of the session on the Investing.com United Kingdom 100 were Flutter Entertainment PLC (LON:FLTRF), which...
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By Tina Bellon (Reuters) - Uber Technologies (NYSE:UBER) Inc and Lyft Inc (NASDAQ:LYFT) on Thursday said they would share with each other information on drivers and delivery workers they had banned from their platforms for the most serious incidents in an effort to boost safety. The companies said such incidents would be physical assault resulting in a fatality and...
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By Lawrence White LONDON (Reuters) - A judge ruled Barclays (LON:BARC) will have to pay its own 33 million pound ($46.09 million) legal bill despite winning a case against British businesswoman Amanda Staveley's PCP Capital Group over how the bank negotiated a financial lifeline during the credit crisis in 2008. Judge David Waksman said on Thursday he made "no order...
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