The authorized herb generates about 1,800 million euros in the country after increasing by 120% during 2020. In October 2018, the Justin Trudeau government legalized recreational marijuana in Canada, the second country, after Uruguay, to adopt this measure (the medicinal use has been authorized since 2001). After two and a ...
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ROME, (Reuters) – Talks between Atlantia and a team of investors led by Italian state lender CDP have entered a key moment, the country’s transport minister said on Thursday, when the group holds a board meeting to review the new offer for its motorway unit. Last week CDP and its ...
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Societe Generale negotiated exclusively to sell its mostly asset manager Luxor to Amundi for 825 million euros ($ 979 million) and complete the corporate restructuring of the French bank. SocGen said on Wednesday that the capital gain from the Lyxor sale would be around 430 million euros, adding that the ...
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(Reuters) – Online lending startup Social Finance Inc (SoFi) will allow retail investors to buy into initial public offerings (IPOs) of companies, an investment opportunity traditionally reserved for large Wall Street investors. SoFi’s Friday announcement comes a day after a Reuters report revealed that online brokerage Robinhood Markets was building ...
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British bank Barclays pulled back heavily on Asia, eyeing China for investment bank’s expansion, said the bank’s CEO Jes Staley at the Morgan Stanley European Financials Conference on Tuesday, Bloomberg reported. Barclays is looking to build on its small presence in China, while continuing to invest in capital markets, an area that ...
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The fastest-growing internet company and a startup as a payment processor company, Stripe benefited from the epidemic-driven by the surge in online shopping. The increasing fund for Stripe has made it the world’s most valuable startup in the financial-tech company. Stripe shared a piece of information that it gained USD ...
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Warburg Pincus a private equity firm has decided to acquire some stake in Edelman Financial Engines, appraising US Investment Advisory Service Provider for $ 7.3 Billion Including Debt, companies told Reuters on Sunday. The deal represents a 62% increase in the valuation of Edelman Financial Engine from 2018 when buyout ...
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