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Flipkart seeks to attract $3.0B
Mon, 07 Jun 2021 13:02:46 GMT
 
Walmart's Flipkart has entered talks to raise $3 billion from Japan's SoftBank Group and other investors, according to a Bloomberg News report seen on Monday. >>
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Amazon to add 3K new jobs in Italy
Mon, 07 Jun 2021 11:20:31 GMT
 
Amazon is planning to create 3K new permanent jobs in Italy this year as part of the "Italy Plan" deemed to boost its investments, the e-commerce company said on Monday. >>
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HSBC Asia Pacific's CEO to retire
Mon, 07 Jun 2021 11:00:10 GMT
 
HSBC announced on Monday its Asia Pacific CEO Peter Wong would retire effective immediately and would be succeeded by Surendra Rosha and David Liao. >>
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Toshiba to launch shares buyback
Mon, 07 Jun 2021 10:00:08 GMT
 
On Monday, Toshiba stated it would acquire back around 6% of its shares worth about $913M, adhering to its plans to bolster shareholder returns. >>
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Carrefour, Tesco not to extend their alliance
Mon, 07 Jun 2021 09:00:10 GMT
 
Two supermarket groups, France's Carrefour and UK's Tesco announced on Monday they have no plans for their purchasing alliance extension. >>
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Credit Agricole to launch share buyback
Mon, 07 Jun 2021 07:56:16 GMT
 
On Monday, France's Credit Agricole announced it is planning a launch of the $680M share buyback programme this year, seeking to offset the scrip dividend payment option's impact on its >>
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Daimler's China arm seeks 45% rise in plants capacity
Mon, 07 Jun 2021 07:30:23 GMT
 
Daimler and BAIC Motor's China joint venture is planning to raise nominal capacity at two Mercedes-Benz plants in Beijing by 45%, according to the venture's website. >>
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Tesla cancels Model S Plaid+ production
Mon, 07 Jun 2021 06:00:08 GMT
 
Tesla's CEO Elon Musk announced on Sunday that the electric carmaker had cancelled the production of its longest-range Model S Plaid+. >>
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Turkey exports rise
Mon, 07 Jun 2021 05:00:08 GMT
 
Exports from Turkey increased by 65.5% in May, compared to the same period in 2020, the Turkish Exporters Assembly reports. >>
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EU industrial producer prices rise
Mon, 07 Jun 2021 04:00:08 GMT
 
Industrial producer prices in the EU increased 0.9% in April, compared to the previous month, the statistical office Eurostat reports. >>
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Mexico upgrades 2021 growth forecast
Mon, 07 Jun 2021 03:00:09 GMT
 
The central bank of Mexico revised its economic growth estimate for 2021 to 6% from 4.8%, a statement published by the bank shows. >>
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Gold stuck at $1900
Sun, 06 Jun 2021 21:17:21 GMT
 
The price of gold is stuck around $1900 despite high inflation and ultra-loose monetary policy. >>
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Erdogan comments on air strike
Sun, 06 Jun 2021 17:45:31 GMT
 
The President of Turkey announced on Sunday that the recent strike on Iraqi camp neutralized a PKK official. >>
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Volkswagen settles with previous boss
Sun, 06 Jun 2021 17:31:28 GMT
 
Volkswagen announced on Sunday that the company had reached a deal with the company's prior boss Martin Winterkorn. >>
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Airbus CEO comments on travel
Sun, 06 Jun 2021 17:18:27 GMT
 
On Sunday, the CEO of Airbus Guillaume Faury stated that air travel would soon return to pre-pandemic levels. >>
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