Reuters Business: GameStop seeks shareholder nod for stock split

GameStop seeks shareholder nod for stock split

Game retailer GameStop Corp said on Thursday it will seek shareholder approval to increase its number of shares and enable a stock split in the form of a dividend "to provide flexibility for future corporate needs".

Citgo Petroleum lost $160 million in 2021 from impact of storm

U.S. oil refiner Citgo Petroleum on Thursday reportedits second consecutive annual loss, of $160 million for 2021, as earnings were hit by a winter story early in the year.

EU lawmakers back new tracing rule for crypto transfers

European Union lawmakers backednew safeguards for tracing transfers of bitcoin and other cryptocurrencies on Thursday, in the latest sign that regulators are tightening up on the freewheeling sector.

Crypto exchange Binance wins dismissal of U.S. lawsuit over digital token sales

A federal judge on Thursday dismissed a lawsuit accusing Binance, the world's largest cryptocurrency exchange by trading volume, of violating U.S. securities laws by selling unregistered tokens and failing to register as an exchange or broker-dealer.

India's NTPC $2.81 bln power plant may face supply issues from Russian entities -minister

NTPC Ltd's $2.81 billion coal-fired power plant, which is currently under construction in India, may face supply issues from Russian entities, India's power minister said on Thursday.

Nokia says has launched legal challenge to 5G exclusion in Romania

Finnish network equipment maker Nokia said on Thursday it had launched a legal challenge to a decision by the Romanian government to exclude it from selling 5G technology in the country.

U.S. stocks, bonds flash diverging signals as volatile first quarter ends

Which market has it right?

EXCLUSIVE Venezuela's PDVSA seeks oil tankers in anticipation of U.S. sanctions easing

Venezuela's state-run energy firm PDVSA is in talks to buy and lease several oil tankers amid a possible expansion in exports, according to three sources and a document seen by Reuters, a sign the country expects U.S. sanctions on its petroleum sector to be eased.

France's InVivo plans retail tie-up with Niel-backed SPAC

French agribusiness group InVivo has entered exclusive negotiations to merge its retail activities with 2MX Organic , an acquisition vehicle backed by French telecoms billionaire Xavier Niel, the companies said on Thursday.

Swiss watchmakers grapple with fallout of Russian crisis

Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians arising from the war in Ukraine.

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