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U.S. private equity firm walks away from buyout bid for pub operator Marston’s By Reuters

(Reuters) - U.S. private equity firm Platinum Equity Advisors said on Thursday it will not submit a revised takeover offer for British pub operator Marston's after its initial 666 million pound ($921.81 million) proposal was rejected for being too low. In response, Marston's, the brewer of Pedigree, Hobgoblin and Lancaster Bomber beer, said it believes the company was well-placed to benefit from...

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Amsterdam surpasses London as Europe’s top share trading hub: FT By Reuters

(Reuters) - Amsterdam emerged as Europe's largest share trading centre in January, dislodging London from its historic position as the Netherlands scooped up businesses lost by the United Kingdom after Brexit, the Financial Times reported on Wednesday. An average 9.2 billion euros ($11.16 billion) shares were traded a day on Euronext Amsterdam and the Dutch arms of CBOE Europe and Turquoise in...

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Tokyo 2020 President Mori to resign over sexist comments: media By Reuters

TOKYO (Reuters) - Yoshiro Mori, president of the Tokyo 2020 Olympics organising committee, is set to step down over sexist remarks he made that women talked too much, the Fuji News Network reported on Thursday. The comments, made at a Japanese Olympic Committee board meeting in the first week of February, set off a firestorm at home and abroad and could become...

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PTT Oil Surges in Bangkok Debut After $1.57 Billion IPO By Bloomberg

(Bloomberg) -- PTT Oil & Retail Business Pcl, the retail unit of Thailand’s biggest energy company, jumped in its trading debut after raising about $1.57 billion in the country’s biggest initial public offering in almost one year. Shares climbed as much as 50% to 27 baht before trading at 24.10 baht as of 10:04 a.m. in Bangkok. The company sold 2.61 billion shares...

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COVID conspiracies fuel anti-Semitic incidents in UK – report By Reuters

By Michael Holden LONDON (Reuters) - The number of anti-Semitic incidents recorded in Britain has fallen from record levels but still remains high, with conspiracy theories about the COVID-19 pandemic playing a role, a Jewish advisory body said on Thursday. The Community Security Trust (CST), which advises Britain’s estimated 280,000 Jews on security matters, said there had been 1,668 incidents in 2020,...

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UK government welcomes new policies to combat online abuse By Reuters

(Reuters) - The UK government on Wednesday welcomed new measures introduced by Instagram to tackle online abuse in the wake of racist messages aimed at soccer players, but called for more action to be taken to stamp out the problem. A host of players, including Manchester United trio Axel Tuanzebe, Marcus Rashford and Anthony Martial, Chelsea's Reece James, West Bromwich Albion's Romaine...

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KPMG UK chairman steps aside as firm probes comments to staff By Reuters

By Kanishka Singh (Reuters) - KPMG UK chairman Bill Michael is stepping aside while the accounting firm probes comments he made this week, a spokeswoman said on Wednesday after a report that Michael dismissed staff concerns about job stress during the COVID-19 pandemic. The KPMG spokeswoman said that after a staff meeting on Monday, KPMG started an independent probe into Michael's comments....

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Markets tap brakes on asset rise after getting ahead of recovery By Reuters

By David Henry (Reuters) - Stocks were flat in early trading in Asia on Thursday as investors kept tapping the brakes on runs in asset prices after taking in tepid U.S. inflation data and comments from the Federal Reserve chief affirming the outlook for a slow recovery. The Australian S&P/ASX 200 Index was last up 0.02% while e-mini futures for the S&P...

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EU rejects most UK demands on Northern Ireland trade, concedes on steel By Reuters

BRUSSELS (Reuters) - The European Union rejected on Wednesday most of Britain's demands for easier trade with Northern Ireland but said it was examining more flexibility on steel. In a letter to British Cabinet Minister Michael Gove, European Commission Vice President Maros Sefcovic said the EU executive arm was "examining possible amendments" to...

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