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KKR acquires Cegid stake
Thu, 03 Jun 2021 11:09:45 GMT
 
The private equity group KKR has agreed to acquire a stake in France's Cegid, in the deal that will value the software company at €5.5 billion. >>
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Outreach attracts $200M
Thu, 03 Jun 2021 10:00:07 GMT
 
Outreach, the Salesforce Venture-backed sales intelligence provider, raised $200M in its latest round of funding led by STEADFAST Capital Ventures and Premji Invest, valuing the start-up at $4.4 billion. >>
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GBP surges due to Final PMI
Thu, 03 Jun 2021 08:41:08 GMT
 
On Thursday, at 08:30 GMT the GBP/USD suddenly moved upwards by almost 40 base points. The move started, as the Markit UK Final Services Purchasing Managers Index was released. >>
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ABB aims at fully-electric fleet
Thu, 03 Jun 2021 08:00:07 GMT
 
ABB is planning to electrify its whole fleet of over 10K vehicles by 2030, in its efforts to follow the new sustainability strategy, the company announced on Thursday. >>
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BMW sees plant carbon neutrality in 2021
Thu, 03 Jun 2021 06:42:11 GMT
 
On Thursday, BMW, the German luxury carmaker, stated its Chinese car plants would reach carbon neutrality by the 2021-end, expecting the total carbon emissions at its Chinese production factories would >>
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Nintendo plans gallery opening in Japan
Thu, 03 Jun 2021 06:32:44 GMT
 
On Wednesday, the game maker Nintendo announced it would launch a gallery opening at the renovated factory site in Japan, as the company tries to diversify beyond the core >>
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Tesla to spend $1B on battery minerals
Thu, 03 Jun 2021 05:00:08 GMT
 
Tesla announced that it expects to spend above $1B a year on Australian battery raw materials given the country's responsible production practices and reliable mining industry. >>
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StanChart's unit to launch crypto platform
Thu, 03 Jun 2021 04:00:09 GMT
 
The unit of Standard Chartered announced its intention to establish a cryptocurrency exchange and brokerage platform in Europe and the UK, targeting institutional clients, the bank stated. >>
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SoftBank in talks to invest in Dubai's Kitopi
Thu, 03 Jun 2021 03:00:08 GMT
 
SoftBank was in talks to invest in Kitopi, the cloud kitchen based in Dubai, in the latest funding round via the group's second technology fund, sources with the knowledge of >>
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Tesla recalls 6K cars in US
Wed, 02 Jun 2021 19:48:05 GMT
 
Tesla Inc was recalling almost 6K US cars due to brake calliper bolts could be loose, with the potential to cause a loss of tire pressure, public documents reveal. >>
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Outreach gets $200M at a $4.4B valuation
Wed, 02 Jun 2021 19:06:50 GMT
 
Outreach, the sales intelligence provider backed by Salesforce Ventures, announced that it raised $200M in the funding round led by new investors, rising the startup's valuation to $4.4B. >>
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Huawei rolls out new operating system
Wed, 02 Jun 2021 18:00:09 GMT
 
On Wednesday, China's Huawei Technologies rolled out its new operating system called "Harmony" for smartphones, hoping to recover from the US sanctions that had hut its handset business. >>
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Tesla to acquire battery minerals
Wed, 02 Jun 2021 16:46:19 GMT
 
Tesla said it is planning to acquire over $1.0B of the Australian battery raw materials a year, highlighting the country's responsible production practices and reliable mining industry. >>
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Germany to join Lufthansa capital raise
Wed, 02 Jun 2021 16:00:08 GMT
 
Germany is likely to take part in the planned €3.0B capital raise at Lufthansa to limit a 20% stake dilution in the carrier, according to Bloomberg. >>
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Tesla launches 6K US car recalls
Wed, 02 Jun 2021 15:00:08 GMT
 
Tesla has launched a recall of nearly 6K US cars due to the potential loosening of brake calliper bolts, according to official documents showed on Wednesday. >>
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