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Rolls-Royce plans ITP Aero sale
Sat, 24 Apr 2021 16:00:09 GMT
 
The UK engineering giant Rolls-Royce has entered constructive negotiations with Spain about the potential sale of ITP Aero, its Spanish unit, following a media report saying that Madrid could ban >>
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AmEx shares drop on clouded profit beat
Sat, 24 Apr 2021 14:41:30 GMT
 
American Express reported its entertainment and travel-related card spending had halved in the Q1 due to the coronavirus restrictions, eclipsing its better-than-anticipated profit and sending its shares down 2%. >>
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Aeromexico purchases Boeing jets
Sat, 24 Apr 2021 14:22:09 GMT
 
Grupo Aeromexico is set to acquire 28 of B737-9 and 737-8 MAX jets and four 787-9 Dreamliner planes from Boeing, in a deal deemed to bring an anticipated $2.0B in >>
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Porsche to build cell plant in Germany
Sat, 24 Apr 2021 13:38:08 GMT
 
Porsche AG stated on Saturday that it would build a cell plant for electric vehicles in Northern Germany. >>
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Prosecutor charges VW's managers
Sat, 24 Apr 2021 12:37:31 GMT
 
On Saturday, German prosecutor has charged 15 Volkswagen managers over recent emissions scandal. >>
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Brazil's Nubank prepares for listing
Sat, 24 Apr 2021 11:35:12 GMT
 
Brazilian online bank Nubank stated on Friday that it had started preparations for listing of the US stock exchange. >>
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Apple to help with vaccinations
Sat, 24 Apr 2021 10:36:01 GMT
 
Apple Inc stated on late Friday that it would initiate a program intended to help its employees to get a vaccine at their work places. >>
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Prices of crypto drop
Sat, 24 Apr 2021 09:20:49 GMT
 
On Friday, prices of the most popular cryptocurrencies in the world tumbled amid Joe Biden's plan to increase taxes on capital gains. >>
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South Korea buys vaccines
Sat, 24 Apr 2021 08:32:39 GMT
 
On Saturday, it was revealed by the government of South Korea that it would buy additional 40 million Pfizer vaccines. >>
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AmEx exceeds quarterly profit estimates
Sat, 24 Apr 2021 07:00:09 GMT
 
On Friday, American Express announced that its quarterly profit beat expectations as it released over $1B worth of funds from its loan-loss reserves. >>
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Baidu's Jidu to invest $7.7B in smart cars
Sat, 24 Apr 2021 06:00:06 GMT
 
Jidu Auto, the EV venture between the Chinese tech giant Baidu and China's automaker Geely, plans to invest $7.7B into making smart cars during the next five years, Jidu's CEO >>
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Panasonic to acquire Blue Yonder
Sat, 24 Apr 2021 05:00:08 GMT
 
On Friday, Panasonic Corp announced that it would acquire the US supply-chain software firm Blue Yonder for $7.1 billion. >>
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Honeywell raises profit outlook
Sat, 24 Apr 2021 04:00:06 GMT
 
On Friday, Honeywell International increased its full-year outlook for 2021 sales and profit, as it reported better-than-expected Q1 profits. >>
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Daimler increases profit forecast
Sat, 24 Apr 2021 03:00:11 GMT
 
On Friday, Mercedes-Benz car producer Daimler AG increased its forecast for 2021, as the company's sales rose by 60% in China in the first quarter. >>
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Global equities remain stable
Sat, 24 Apr 2021 02:00:08 GMT
 
Global equities remained stable on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan rose by 0.65%, Wall Street's main indexes fell nearly by 1%, while the European stocks dipped >>
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