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Google unveils game on Tencent social media app WeChat
Wed, 18 Jul 2018 09:56:11 GMT
 
On Wednesday, Alphabet's Google triggered an artificial intelligence game on Tencent's social media platform WeChat, as it seeks entering the Chinese consumer market. >>
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India's BookMyShow attracts $100M funding
Wed, 18 Jul 2018 09:48:28 GMT
 
India's online ticketing portal BookMyShow announced on Wednesday it had raised $100M in the latest funding round from an investor group. >>
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Google to face $5.0B fine from EU over Android
Wed, 18 Jul 2018 09:39:16 GMT
 
The European Union is expected to fine Alphabet's Google $5.0B over the Android system, according to the Bloomberg's report on Wednesday. >>
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Uber investing $500M in Mexico for five years
Wed, 18 Jul 2018 09:37:17 GMT
 
On Tuesday, Uber Technologies stated it had invested over $500M in Mexico since 2013, when it launched the ride-hailing service there. >>
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Munro: Tesla's Model 3 appears to be most profitable e-vehicle
Wed, 18 Jul 2018 07:57:59 GMT
 
Munro & Associates head Sandy Munro on Tuesday has called Tesla's Model 3 the most profitable electric vehicle, which generates the net profit margins of over 30%. >>
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Chinese firm Didi gets $500M funding from Booking Holdings
Wed, 18 Jul 2018 07:57:02 GMT
 
Didi Chuxing, China's ide-hailing service, has received a $500M investment from the US travel company Booking Holdings, amid firm's aggressive intention to expand globally. >>
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MERMEC, Fincantieri present joint offer for tech group Vitrociset
Wed, 18 Jul 2018 06:51:06 GMT
 
Engineering group MERMEC and Italy's shipbuilding company Fincantieri said they had made a joint proposal for the technology firm Vitrociset, adding a deal could be signed in the near future. >>
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Dyal in discussion to acquire in Golub Capital
Wed, 18 Jul 2018 06:50:20 GMT
 
Neuberger Berman Holdings subsidiary Dyal Capital Partners is in the advanced talks to acquire a minority stake in the credit investment group Golub Capital, sources familiar with the issue stated. >>
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Poll: economists revise Australia's GDP forecast
Wed, 18 Jul 2018 04:50:53 GMT
 
A recent Reuters poll showed that the Australian economy is expected to grow by 2.9% in 2018 in response to solid fundamentals, compared to a 2.7% rise forecasted in April. >>
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Malaysia's inflation slower than expected in June
Wed, 18 Jul 2018 04:49:55 GMT
 
The Malaysian Consumer Price Index rose 0.8% year-on-year in June, compared to the estimate of 1.4%, driven lower primarily by a removed goods-and-services tax. >>
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Oil trades lower amid higher US inventories
Wed, 18 Jul 2018 04:15:03 GMT
 
The price of oil futures weakened on Wednesday following a report that US crude inventories increased last week instead of falling considerably, as previously expected. >>
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Asian shares gain on solid US economic outlook
Wed, 18 Jul 2018 04:07:15 GMT
 
Asian shares opened higher early on Wednesday in response to the US Dollar strengthening after the bullish assessment of the US economy by the Fed Chair Jerome Powell. >>
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America Movil's net profit plummets in Q2 amid currency losses
Wed, 18 Jul 2018 03:15:18 GMT
 
Mexico's America Movil, the biggest telecommunications company in Latin America by number of subscribers, revealed that its net profit fell 94% in the second quarter, affected by currency-related swings. >>
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Fairfax to share costs of printing with News Corp
Wed, 18 Jul 2018 03:08:57 GMT
 
Australia's publisher Fairfax Media stated on Wednesday that it agreed to collaborate with rival News Corp's Australian unit on printing newspapers to diminish costs. >>
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Eu, Japan sign trade pact due to worries about Trump
Wed, 18 Jul 2018 02:39:01 GMT
 
The European Union and Japan signed a wide-ranging free trade agreement that both sides would try acting as a counterweight to protectionism intentions by the US President Donald Trump. >>
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