Bookmaker 888 sees higher 2023 profit, partial Mideast revenue recovery

(Reuters) – 888 Holdings Plc’s <888.L> shares shot up over 18% after the British bookmaker forecast higher adjusted core profit for 2023 and said it expects to partially recover revenues lost due to its suspension of VIP activities in the Middle East. Gibraltar-headquartered 888 also said it is cutting costs and focusing on core and …

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India’s Bharat Petroleum gets Madhya Pradesh state govt approval for refinery expansion

BENGALURU (Reuters) – Indian state-owned oil marketing company Bharat Petroleum Corporation Ltd on Friday said it had received approval from the Madhya Pradesh state government for expanding its Bina refinery and setting up a petrochemical project. Bharat Petroleum will invest 430 billion rupees ($5.27 billion) to 500 billion rupees for the two projects, adding that …

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Analysis-No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up

By Libby George and Marc Jones LONDON (Reuters) – The latest bid by the world’s leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet has been greeted by a mix of cautious optimism and weary scepticism by veteran crisis watchers. Standoffs between major Western-backed lenders like the …

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Florida lawmakers approve 6-week abortion ban, sending bill to DeSantis for signature

By Gabriella Borter (Reuters) – Florida’s Republican-led House of Representatives on Thursday gave final approval to a six-week abortion ban, setting the stage for abortion access to be drastically curtailed in the state and across the U.S. South. Lawmakers in the Florida House approved the ban on abortions after six weeks of pregnancy in a …

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