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News Highlights: Top Company News of the Day

11/27/2020 | 03:16am EST
U.K.'s Centrica Seeks to Sell Liquefied Natural Gas Portfolio 
 

The energy supplier is trying to sell its portfolio of LNG supply contracts and other assets, according to people familiar with the matter, as it seeks to simplify its operations amid volatile LNG prices.

 
Sabadell Talks with BBVA End 
 

Banco Sabadell said it would prioritize the Spanish market as part of a new plan aimed at increasing profitability and creating value, after talks over a potential merger with BBVA came to an abrupt end.

 
German Prosecutors Examine Ernst & Young's Role in Wirecard Collapse 
 

German prosecutors said they are examining Ernst & Young's role in the collapse of disgraced payments operator Wirecard, ratcheting up pressure on the audit firm.

 
Ahead of Black Friday, Retailers Brace for an Exceptional Holiday Season 
 

Retailers are bracing for an unprecedented holiday shopping season, starting with the annual Black Friday ritual, set against the backdrop of a still-raging pandemic.

 
With Slack, Salesforce Would Put Heat on Microsoft 
 

The battle to be the go-to business-software provider is intensifying, as Salesforce looks to acquire Slack Technologies.

 
Outside Monitors Urge Deutsche Bank to Quit Russia 
 

Monitors appointed by New York state's Department of Financial Services told the German lender it should drop plans to expand in Russia.

 
Social Media's Liability Shield Is Under Assault 
 

Section 230 is facing threats unlike anything in its 24-year history, with potentially significant consequences for websites that host user content.

 
Disney Plans More Layoffs as Pandemic Hits Businesses 
 

The entertainment company said it would lay off about 32,000 employees, primarily at its theme parks, as the coronavirus pandemic continues to drag on its businesses.

 
Sycamore Bids $540 Million for Ann Taylor, Other Ascena Brands 
 

Ascena Retail Group said the private equity firm has committed to retaining a "substantial portion" of the stores it seeks to buy out of bankruptcy.

 
JD Health IPO Will Set Hearts Racing 
 

The record initial public offering of fintech giant Ant Group crashed before taking off. Another Chinese tech listing in Hong Kong should fare better.

(END) Dow Jones Newswires

11-27-20 0315ET

Stocks mentioned in the article
ChangeLast1st jan.
ASCENA RETAIL GROUP, INC. -14.29% 0.105 Delayed Quote.75.00%
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. -0.82% 4.002 Delayed Quote.-0.82%
BANCO DE SABADELL, S.A. -4.99% 0.3654 Delayed Quote.3.22%
CENTRICA PLC -1.88% 50.1 Delayed Quote.7.51%
DEUTSCHE BANK AG -2.84% 8.9 Delayed Quote.-0.55%
MICROSOFT CORPORATION 0.44% 225.95 Delayed Quote.1.15%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.21% 75.332 Delayed Quote.0.19%
WIRECARD AG -44.85% 0.6 End-of-day quote.92.93%
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