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Russia needs permission for its ships to investigate Nord Stream accidents

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© Reuters. FILE PHOTO: A Nord Stream 2 gas leak as seen from a Danish F-16 interceptor aircraft in Bornholm, Denmark on September 27, 2022. Danish Defense Command/Forsvaert Ritzau Scanpix/Via Reuters

MOSCOW (Reuters) – Russian Deputy Prime Minister Alexander Novak said on Friday that Russia needs permission for its ships to conduct investigations into the Nord Stream pipeline accidents in the Baltic Sea.

“The whole issue is about the entrance to our ships, which should have the right of way (to the accident area),” Novak told reporters, commenting on Moscow’s efforts to investigate the divisions in the pipelines.

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Amazon, Wal-Mart, Target, and Costco will win the holiday

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Back when Black Friday meant people lined up outside stores to fight for hottest toys And cheap electronics, the holiday season sometimes yielded a surprising winner. Maybe JC Penney had a good quarter because traffic driven by more successful stores fueled customers or maybe a particularly hot item resulted in an unexpected winner for a good season.

Now, for a variety of reasons, holiday retail has changed and in this (sort of) post-pandemic reality, you will be offered the best deals and widest selection of ordered items by the biggest retail players. Amazon (AMZN) – Get a free reportWalmart (wmt) – Get a free reporttargeting (TGT) – Get a free reportand Costco (cost) – Get a free report They’ve all had struggles over recent quarters, but they’re still the top retailers for the holiday season.



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Credit Suisse offers 889 million shares to existing investors in $4 billion capital raise By Reuters

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© Reuters. FILE PHOTO: The logo of Credit Suisse Bank of Switzerland is seen at its headquarters in Zurich, Switzerland on March 24, 2021. REUTERS/Arnd Wegmann/File Photo

ZURICH (Reuters) – Credit Suisse said on Thursday it had made 889 million new shares available to existing investors at 2.52 Swiss francs per share, confirming details of its four billion franc capital increase.

The capital increase, approved by investors on Wednesday, is intended to fund a turnaround plan for the beleaguered bank as it recovers from a series of scandals and losses.

Credit Suisse said the share issue is expected to raise 2.24 billion Swiss francs.

Shareholders will be allotted one precautionary right for each share they hold on November 25, 2022.

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The bank also confirmed that it had issued 462 million new shares to qualified investors, including the National Bank of Saudi Arabia, which bought 307 million new shares, giving it a 9.9% stake in Credit Suisse.

The bank expects to make 4 billion francs from a share and rights offering to support its restructuring and move away from investment banking.

She added that the nominal capital of the Credit Suisse Group increased by 17% to 124,511,584.16 as a result of the capital increase.

($1 = 0.9431 Swiss francs)

(This story has been reworded to fix a typo in the title)

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Mercedes borrows the less popular Tesla idea

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Usually, when you buy an expensive item, that item simply does what it’s supposed to do, and you don’t have to pay extra to take a nap on your new mattress or pay a monthly fee for your TV to hook it up to you. flow device.

However, subscriptions have become really attractive he won A resource for businesses in places where they’ve never been a thing. This makes sense because who wants to make a one-time sale when you can afford a recurring charge that people do month after month (or maybe a set amount to “unlock” some kind of feature it used to include).



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