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Cevian buys 5% stake in UK's Aviva
Tue, 08 Jun 2021 10:00:08 GMT
 
Cevian Capital announced on Tuesday it had taken the 4.95% stake in the British insurer Aviva; the deal in which Aviva will be able to pay back £5.0B ($7.08B) of >>
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BAT boosts sales growth forecast
Tue, 08 Jun 2021 09:00:07 GMT
 
On Tuesday, British American Tobacco has lifted its full-year revenue growth outlook to over 5% at the constant currency as more smokers switch to newer less harmful products like tobacco-heating >>
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Apple seeks get BYD, CATL as battery suppliers
Tue, 08 Jun 2021 08:23:07 GMT
 
Apple has entered talks with China's BYD and CATL over the batteries supply for the tech giant's planned electric car, Reuters reported on Tuesday. >>
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Nvidia seeks approval for $40B Arm deal
Tue, 08 Jun 2021 07:31:06 GMT
 
Nvidia Corp has asked Chinese competition watchdog to approve its $40B takeover of the British chip designer Arm, according to the Financial Times report seen on Tuesday. >>
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Bosch launches German chip plant
Tue, 08 Jun 2021 06:00:07 GMT
 
On Monday, Robert Bosch opened its $1.2B chip plant located in Germany, marking the leading automotive supplier's biggest-ever investment, as it seeks equipping the latest self-driving and electric vehicles. >>
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Tesla's Guillen leaves company
Tue, 08 Jun 2021 05:00:07 GMT
 
Tesla's heavy trucking unit's chief, Jerome Guillen, has quitted his post at the company, the electric automaker announced on Monday. >>
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Fed to release annual results of bank stress test
Tue, 08 Jun 2021 04:00:07 GMT
 
The Federal Reserve revealed it is set to publish the 2021 stress test results of the US biggest banks on June 24. >>
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Blackstone to buy QTS Realty Trust
Tue, 08 Jun 2021 03:00:07 GMT
 
The investment company Blackstone Group is planning to take QTS Realty Trust, the data centre operator, private in its all-cash deal worth around $10 billion. >>
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SP 500 slides on G7 tax deal
Mon, 07 Jun 2021 22:55:36 GMT
 
On Monday, the S&P 500 fell but was holding just 0.5% away from the all-time high, tumbled by the G7 tax deal that overshadowed investor bets on full reopening of >>
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Stocks near record highs
Mon, 07 Jun 2021 20:00:08 GMT
 
Global equity markets reached record peaks and oil prices increased to a two-year high. >>
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US FDA approves Alzheimer's drug
Mon, 07 Jun 2021 19:00:06 GMT
 
US regulators approved Biogen's drug as a treatment to fight a likely cause of Alzheimer's disease. >>
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Meme stocks surge
Mon, 07 Jun 2021 18:10:52 GMT
 
Shares of AMC and other "meme stocks" rose on Monday supported by private traders, drawing attention of regulators. >>
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Airlines call on UK and US to lift restrictions
Mon, 07 Jun 2021 16:26:39 GMT
 
Airlines offering passenger services between the US and Britain called governments to ease restrictions and reopen travel routes between the countries. >>
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China foreign trade rises
Mon, 07 Jun 2021 15:32:44 GMT
 
Total imports and exports from China increased 28.2% to $2.31T in the first five months of this year, the General Administration of Customs reports. >>
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Trulioo attracts $394M, valued at $1.75B
Mon, 07 Jun 2021 13:41:08 GMT
 
On Monday, Canada's ID verification start-up Trulioo reported it had raised $394M in its new round of funding led by the TCV venture capital firm, gaining the valuation of $1.75 >>
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