Great Spell

Stuff that matters

JPMorgan’s development finance arm structures first deal

JPMorgan’s (JPM.N)’s development finance institution has structured its first deal, a $250 million five-year green bond for a power firm in Georgia, as it targets $100 billion for development projects

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App Store chief says Apple aimed to level playing field for developers

On Wednesday, Apple Inc Chief Executive Tim Cook will face questions from U.S. lawmakers about whether the iPhone maker’s App Store practices give it unfair power over independent software developers.

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Equities dip, safe havens rise as U.S. stimulus talks stall

An impasse in U.S. economic stimulus negotiations and mixed corporate earnings reports in Europe pushed global equities lower and sent investors into safe-haven assets like government bonds and gold, which

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AIG investment advisory unit to pay $40 million to resolve SEC charges

An investment advisory unit of American International Group has agreed to pay about $40 million for failing to disclose to teachers and other clients conflicts of interest and practices that

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Oil falls as U.S. stimulus package faces tough talks

Oil prices fell on Tuesday as U.S. lawmakers prepared to wrangle over an economic stimulus package and investors worried about a rise in coronavirus cases worldwide. Brent crude futures fell

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Oreo-maker Mondelez raises dividend as North America cushions emerging markets blow

Mondelez International Inc (MDLZ.O) on Tuesday raised its quarterly dividend by 11%, after strong demand for its snacks and chocolates in North America offset sales declines in all of the

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AMC Theatres, Universal reach deal to bring new movies to homes earlier

AMC Theatres (AMC.N) and Comcast Corp’s (CMCSA.O) Universal Pictures agreed to a major shift that will allow the studio’s movies to be made available to U.S. audiences at home after

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