UK clears Czech billionaire Daniel Kretinsky to buy Royal Mail

By Paul Sandle and Chandini Monnappa LONDON (Reuters) -Britain on Monday cleared Czech billionaire Daniel Kretinsky’s EP Group to buy Royal Mail in a 3.57 billion pound ($4.5 billion) deal, after securing commitments that the government said would protect one of the world’s oldest postal services. EP Group agreed to acquire Royal Mail parent International …

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Perpetual-KKR deal not best for shareholders after tax bill surge, says board expert

(Reuters) – Australia’s Perpetual said on Tuesday an independent expert has opined the asset manager’s plan to sell the wealth management and corporate trust business to KKR would not serve the best interest of investors after a tax bill blowout. The company’s A$2.2 billion ($1.40 billion) deal with the buyout giant is at risk of …

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India’s gold imports to plunge in December after record November

By Rajendra Jadhav MUMBAI (Reuters) – India’s gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay purchases, trade and government officials said. Lower imports by India, the world’s second-biggest consumer of the precious metal, …

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Ukraine kills top Russian general in Moscow it accuses of chemical weapons crimes

By Andrew Osborn and Guy Faulconbridge MOSCOW (Reuters) -A top Russian general accused by Ukraine of being responsible for the use of chemical weapons against Ukrainian troops was assassinated in Moscow by Ukraine’s SBU intelligence service on Tuesday morning in the most high-profile killing of its kind. Lieutenant General Igor Kirillov, who was chief of …

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UK’s Capita flags up to 140 million pound cash outflow in 2024, shares fall

(Reuters) -Britain’s Capita on Tuesday flagged a free cash outflow of 120 million pounds to 140 million pounds ($152 million-$178 million) in 2024 as the outsourcing firm’s exit from low-margin contracts dents revenue, sending its shares sharply lower. Shares in the FTSE Small Cap company fell as much as 11% to a more than four-month …

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Taiwan says it is in talks for Amazon’s Kuiper internet satellite system

TAIPEI (Reuters) – Taiwan is in talks with Amazon about collaborating for the company’s new Kuiper broadband internet constellation of satellites, the island’s technology minister said on Tuesday, as the government seeks to build communication resilience. Taipei has been looking at plans to preserve communications if China attacks, including satellites in medium and low Earth …

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