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FILE PHOTO: The logo for Procter & Gamble Co. is displayed on a screen on...

Trian and P&G highlight activist-corporate collaboration after 'fog of war'

Eighteen months after officially burying the hatchet in one of America's most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working collaboratively.

FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo

Airbnb plans stock market splash in 2020

In a short statement posted on its website on Thursday, Airbnb did not give any details on how it plans to list its shares, although it is widely expected to take a direct-listing route.

Argentina bondholders will face haircut: Fitch

Fitch Ratings expects holders of Argentina dollar bonds to have to write off part of their investments under the country's sovereign debt restructuring plan, one of the agency's analysts said on Thursday.

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