Finance

Candy maker Mars plans $1.2 billion investment to boost EU operations

Candy maker Mars plans $1.2 billion investment to boost EU operations

(Reuters) -Mars, the maker of M&M’s and Skittles, said on Thursday it will invest 1 billion euros ($1.18 billion) in its European Union operations by the end of 2026 to boost manufactur...

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CEO of ‘Textbook Ponzi’ Pleads Guilty in $200M Bitcoin Fraud Case

CEO of ‘Textbook Ponzi’ Pleads Guilty in $200M Bitcoin Fraud Case

The chief executive of Praetorian Group International, Ramil Ventura Palafox, pleaded guilty in Virginia this week to wire fraud and money laundering. Palafox, 60, a dual U.S. and Philippine citiz...

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Factbox-Australia’s biggest takeover deals that fell apart

Factbox-Australia’s biggest takeover deals that fell apart

(Reuters) -A consortium led by Abu Dhabi National Oil Company on Wednesday withdrew its $18.7 billion offer to buy Australian gas producer Santos after months of wrangling over valuation and term...

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Barry Callebaut debt must come down, CEO says

Barry Callebaut debt must come down, CEO says

ZURICH (Reuters) -The world’s top chocolatier Barry Callebaut must reduce its debt and is working to achieve this, CEO Peter Feld was quoted as saying in an interview published on Thursday....

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