Tag: companyNews

MOVES-KKR appoints former Amazon veteran Diego Piacentini as senior advisor

Sept 20 (Reuters) – KKR & Co said on Friday it appointed former Amazon senior vice president Diego Piacentini as a senior advisor, effective immediately. He will be responsible for supporting KKR’s technology, media and telecom investment activities globally, the company said in a statement. Most recently, Piacentini served in the Italian government as commissioner […]

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UPDATE 2-Mitsubishi says Singapore-based oil trader lost $320 mln in unauthorized trades

TOKYO/SINGAPORE (Reuters) – Mitsubishi Corp, Japan’s biggest trading house by revenue, said on Friday a trader at its Singapore-based unit has lost $320 million through unauthorized transactions in crude oil derivatives, and the matter has been reported to the police. FILE PHOTO: Crude oil is dispensed into a bottle in this illustration photo June 1, […]

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UPDATE 1-Twitter suspends Saudi royal adviser Qahtani, fake Gulf accounts

BRUSSELS/SAN FRANCISCO (Reuters) – Twitter suspended the account of former Saudi royal court adviser Saud al-Qahtani on Friday, nearly a year after he was sacked over his suspected role in the murder of Washington Post journalist Jamal Khashoggi. The social network also separately removed accounts linked to Saudi Arabia’s “state-run media apparatus” and others in […]

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UPDATE 1-S.Africa’s Grand Parade posts FY profit on Dunkin’ closure

(Adds CEO comment, details, and background) JOHANNESBURG, Sept 20 (Reuters) – Grand Parade Investments (GPI) on Friday posted a full-year profit as closure of its loss-making Dunkin’ Donuts unit lifted the South African investment company’s earnings. GPI, which runs the Burger King chain of fast-food restaurants in South Africa and operates casinos, had reported a […]

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