(Reuters) - DuPont said on Wednesday that it would separate into three publicly traded companies, sending its shares up 5% in extended trading.
DuPont said it would split its Electronics, Water, and Industrial businesses in a tax-free manner to its shareholders, with the new DuPont continuing as a diversified industrial company.
New DuPont will be comprised of the existing businesses within the water and protection segment, industrial... (continue reading...)
BOGOTA (Reuters) - Colombia's President Gustavo Petro has ordered the opening of an embassy in the Palestinian city of Ramallah, foreign minister Luis Gilberto Murillo told journalists on Wednesday.
At the beginning of this month, Petro, who has heavily criticized Israeli Prime Minister Benjamin Netanyahu and requested to join South Africa's case accusing Israel of genocide at the International Court of Justice, said he would cut diplomatic relations... (continue reading...)
Kinshasa (Reuters) - The Democratic Republic of Congo's national assembly elected Vital Kamerhe, whose home was violently attacked on Sunday, as speaker in a delayed vote, a key step towards installing a government five months after a presidential election.
The role of speaker makes Kamerhe, a close ally of President Felix Tshisekedi, the Central African country's number two authority.
Of the 407 members of parliament who cast ballots on... (continue reading...)
(Reuters) - VF Corp posted a fourth-quarter loss and reported revenue below analysts' estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel and footwear amid strained consumer spending.
Shares of the North Face owner, which have declined 34.5% so far this year, were down nearly 8% in extended trading.
The Denver-based apparel retailer also named Spotify's former CFO Paul Vogel as its new... (continue reading...)
WILMINGTON, Delaware (Reuters) - The start of the criminal tax trial for President Joe Biden's son was postponed until Sept. 5 from June 20, which Hunter Biden's legal team requested because of conflicts with a separate criminal trial in Delaware.
Hunter Biden's attorney Abbe Lowell had argued to U.S. District Judge Mark Scarsi in Los Angeles that the start of a trial on criminal gun charges in Delaware on June 3 created overlap with pretrial deadlines... (continue reading...)
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