Israel Discount Bank Quarterly Profit Rises, to Pay Dividend

JERUSALEM, May 23 Reuters Israel Discount Bank reported a higherthanexpected rise in quarterly profit that was boosted by higher financing income and a onetime gain. Discount, Israel39;s fourthlargest bank by assets, said on Wednesday its first quarter profit rose 49 to a record 983 million shekels 294 million, versus 662 million shekels a year earlier, citing […]
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Ted Baker Invites Preferred Suitor to Take next Step

May 23 Reuters British fashion chain Ted Baker said on Monday it had picked a preferred suitor to take forward its sale process after a flurry of revised proposals from interested parties, while private equity firm Sycamore has dropped out. The sale plan will now move into a weekslong process of confirmatory due diligence, the company […]
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Ukraine Top of Agenda in Davos as Business Leaders Gather

DAVOS, Switzerland, May 22 Reuters Russia would normally have its own house at the World Economic Forum as a showcase for business leaders and investors. This year the space on the dressedup main street in Davos has been transformed by Ukrainian artists into a Russian War Crimes House, portraying images of misery and devastation. Russia […]
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