FILE PHOTO: The logo commodities trader Glencore is pictured in

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FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo

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Swiss court rejects Credit Suisse bid to block FINMA spying scandal appointment

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By Michael Shields and Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse <CSGN.S> has lost a bid to block an auditor appointed by Switzerland’s financial supervisor as part of its probe into the bank’s spying scandal, court documents show, with judges ruling the Swiss bank’s objections were unfounded. Switzerland’s second-biggest bank had sought to scuttle […]
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India's Zostel asks regulator to reject SoftBank-backed Oyo's IPO filing

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MUMBAI (Reuters) – Indian hospitality startup Zostel has asked the market regulator to reject an application from SoftBank Group-backed rival Oyo Hotels and Rooms to go public due to a legal tussle between the firms over a deal that fell apart six years ago.FILE PHOTO: The logo of OYO, India’s largest and fastest-growing hotel chain, […]
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Italian fashion brands Liu Jo and Blumarine aim for IPO within two years

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MILAN (Reuters) – The holding company of Italian fashion brands Liu Jo and Blumarine aims to list on the stock market within two years, chief executive and founder Marco Marchi said on Thursday. Marchi bought higher-end brand Blumarine last November and created a holding company, Eccellenze Italiane Holding EIH, to manage the two brands. “The […]