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The Kurdish-led Syrian Democratic Forces or SDF said the Islamic State group's five-year "caliphate" is over after the militants' defeat in Syria. SDF fighters have been raising victory flags in Baghuz, the last stronghold of the jihadist group. But as celebrations began there were also warnings...

The U.S. Securities and Exchange Commission announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay over $8 million to settle charges of improper handling of "pre-released" American Depositary Receipts or ADRs. The SEC's order found that Merrill Lynch improperly borrowed pre-released ADRs...

BHP Group and Glencore Plc halted output at energy and metals operations across Australia as two severe cyclones simultaneously approached the coast for the first time since 2015. BHP stopped output at the Pyrenees oil project off Western Australia as cyclone Veronica tracked toward a hub of liquefied...

Federal emergency officials inadvertently released personal information of more than 2 million disaster victims in what a government watchdog called a "major privacy incident." The Federal Emergency Management Agency's inspector general said officials accidentally released personal information to...

Sanofi (SNYNF, SNY) said that the U.S. Food and Drug Administration issued a Complete Response Letter (CRL) regarding the New Drug Application for investigational Zynquista (sotagliflozin), a dual SGLT1 and SGLT2 inhibitor for the treatment of adults with type 1 diabetes in combination with insulin. A...

Zoom Video Communications Inc. announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering...

Discovery Inc.'s Chief Executive Officer David Zaslav received $129.4 million pay package in 2018. Zaslav received stock options valued at $102.1 million and about $14.8 million of restricted stock, according to a regulatory filing Friday from Discovery. He also collected $3 million in salary and...

Philip Morris International Inc. or PMI said that it was informed by its Canadian subsidiary, Rothmans, Benson & Hedges Inc. or RBH that RBH had obtained an initial order from the Ontario Superior Court of Justice granting it protection under the Companies' Creditors Arrangement Act or CCAA. RBH announced...

Avon Products Inc. (AVP) confirmed there have been preliminary discussions with Natura & Co. regarding a potential transaction. The Company does not intend to comment further at this time. Avon noted that its management team remains focused on the turnaround strategy that it has articulated to...

Home appliances company Arçelik has agreed to buy Retail Holdings Bhold BV which has a majority stake in Singer Bangladesh Limited, one of the leading home appliance retailers and manufacturers in Bangladesh, to expand its foothold further in Asia-Pacific. Under the agreement, Arçelik's wholly owned...

Given the market reaction and inquiries related to a disclosure in the risk factors section of its annual report on Form 20-F for 2018, Nokia issued statement to clarify that the specified investigation is not expected to have a material impact on Nokia. Nokia said it has seen no evidence that would...

General Motors (GM) said that it is investing $300 million in its Orion Township, Michigan, assembly plant to produce a new Chevrolet electric vehicle that will bring 400 new jobs to the Orion plant. The announcement is part of GM's new commitment to invest a total of $1.8 billion in its United States...

shares of Avon Products Inc. (AVP) climbed 6 percent in Friday regular trading, after the Wall Street Journal said the company has discussed a sale to Brazilian rival Natura & Co., citing a person familiar with the matter. The Journal reported talks include the possibility that Natura would acquire...

BlackRock (BLK) announced it has entered into an agreement to acquire 100% of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for $1.3 billion in cash. Following completion of the...

Pilgrim's Pride Corp. (PPC) announced that its Board has approved the appointment of Jayson Penn, current President of Pilgrim's USA, to succeed Bill Lovette as President and CEO. Lovette will remain available to provide strategic advisory services to the company through July 2020. Penn will assume the...

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