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Rivian to seek $70B valuation
Sun, 30 May 2021 09:28:06 GMT
 
Rivian Automotive Inc, the US electric-truck manufacturer, stated on Friday that it would seek $70B valuation at its possible IPO. >>
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Italy to unlock EU funds
Sun, 30 May 2021 08:22:33 GMT
 
On Saturday, the Italian government accepted a resolution regulating absorption of the European Union investments. >>
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UK, US to make deal at G7
Sun, 30 May 2021 07:33:18 GMT
 
The British Finance Minister Rishi Sunak stated on Friday that a tax deal with the United States most probably would be concluded at G7 summit. >>
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Crypto's price drops again
Sun, 30 May 2021 06:37:55 GMT
 
On Saturday, the price of Bitcoin fell 5.16% to $33849.47, thus losing $1842.99 through the day. >>
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Mahindra: car sales to rebound in two years
Sun, 30 May 2021 05:00:06 GMT
 
India's Mahindra & Mahindra said in the interview to Reuters that it will require at least two years for sales of cars to return to the pre-pandemic levels. >>
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HP, Dell: chip shortages to hit PC supplies
Sun, 30 May 2021 04:00:07 GMT
 
HP Inc and Dell Technologies Inc reported quarterly revenue above estimates, though both companies warned that computer ship shortages could affect their ability to meet the demand for their laptops. >>
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India's Tata acquires stake in BigBasket
Sun, 30 May 2021 03:00:07 GMT
 
Tata Sons bought the majority stake in online grocery seller BigBasket, joining a race with other e-commerce players, including Amazon.com Inc, Walmart's Flipkart. >>
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Sony to make strategic investments of $18.3B
Sat, 29 May 2021 22:17:13 GMT
 
Sony Group is set to spend about $18.39B in the following three years over strategic investments, aiming to expand subscribers to its entertainment and entertainment services. >>
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India's Chennai to continue working
Sat, 29 May 2021 20:24:27 GMT
 
According to the Indian government, the country's car manufacturing hub, Chennai, would continue production despite the rapid COVID-19 expansion. >>
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American airlines return $12.84B
Sat, 29 May 2021 19:32:08 GMT
 
According to the Airlines for America report, 11 American airlines returned its customers $12.84B in total for flights cancelled in previous year. >>
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Toyota global sales hit high
Sat, 29 May 2021 18:00:05 GMT
 
Global sales of Toyota cars doubled in April to 859,448 units from the previous year and reached a monthly record despite a shortage of semiconductors. >>
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US consumer sentiment falls
Sat, 29 May 2021 17:00:08 GMT
 
The US consumer sentiment declined to 82.9 in May from 88.3 in April, a report published by the University of Michigan shows. >>
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China approves new IPOs
Sat, 29 May 2021 16:00:14 GMT
 
The China Securities Regulatory Commission approved initial public offerings of five technology companies on the Shanghai Stock Exchange. >>
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Greek economy to grow 4.8% in 2022
Sat, 29 May 2021 15:00:11 GMT
 
The Greek economy is expected to expand 4.8% in 2022, the Bank of Greece Governor Yannis Stournaras says. >>
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Pfizer expects $15B revenue from COVID-19 vaccine
Sat, 29 May 2021 14:31:21 GMT
 
Pfizer plans to generate $15B in revenue from sales of its COVID-19 vaccine developed together with the German partner BioNTech. >>
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