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EU watchdog to decide over SK Hynix-Intel deal
Fri, 16 Apr 2021 12:00:09 GMT
 
The European Union's antitrust regulators will pass their verdict on SK Hynix $9.0B acquisition of Intel's NAND memory chip division by May 20, the European Commission's filing shows. >>
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Cryptocurrencies decline on Friday
Fri, 16 Apr 2021 09:26:42 GMT
 
During Friday's Asian and European trading hours, major cryptocurrency prices declines, as a retracement down was taking place in the aftermath of booking new all-time highs. >>
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Grab explores secondary Singapore listing
Fri, 16 Apr 2021 09:02:25 GMT
 
The Southeast Asian ride-hailing giant Grab Holdings is exploring an opportunity of a Singapore secondary listing after finalising the Nasdaq listing through a $40B SPAC merger. >>
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Hyundai appoints new head for mobility division
Fri, 16 Apr 2021 08:30:01 GMT
 
On Friday, Hyundai Motor Group announced it had established a new mobility unit to roll out more service models, naming an outsider Song Chang-hyeon as division's chief due to his >>
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BlackRock profit tops forecasts
Fri, 16 Apr 2021 07:49:13 GMT
 
BlackRock reported its Q1 profit topped Wall Street's expectations, as the strength in its businesses and an on-going rally in worldwide financial markets helped vault the company's assets to their >>
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Advocacy group seeks to halt Instagram for kids
Fri, 16 Apr 2021 07:00:09 GMT
 
An advocacy group urged Facebook's CEO Mark Zuckerberg to cancel the launch of an Instagram version for kids who are under the age of 13, citing potential "great risks" from >>
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Nissan to cut Japanese output in May
Fri, 16 Apr 2021 06:00:21 GMT
 
Nissan Motor is set to trim its production at several Japanese factories next month due to the global semiconductor shortage, Reuters reported. >>
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Daimler rolls out new electric vehicle
Fri, 16 Apr 2021 05:00:10 GMT
 
Daimler AG launched a new electric "sibling" of the carmaker's flagship Mercedes-Benz S-Class sedan, challenging the market-leader Tesla amid surging sales of electric cars in the market. >>
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Reuters unveils new subscription website
Fri, 16 Apr 2021 04:00:06 GMT
 
Reuters News launched its new subscription website in a new strategy aimed at business professionals, offering first five stories to be viewed free of charge, but requiring its users to >>
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TuSimple gets $8.5B valuation in debut
Fri, 16 Apr 2021 03:00:08 GMT
 
The self-driving truck maker TuSimple Holdings was valued at $8.5B in its US stock market debut that took place on Thursday, with its shares opening at $40.25. >>
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Verizon to roll out 5G internet for businesses
Thu, 15 Apr 2021 21:54:39 GMT
 
On Thursday, the US telecom giant Verizon Communications announced it would roll out 5G technology internet for businesses for as many as 21 cities in the United States this month. >>
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EU to decide on Intel, SK Hynix deal
Thu, 15 Apr 2021 20:00:06 GMT
 
EU antitrust regulators are expected to decide by May 20 whether to clear South Korea's chipmaker SK Hynix's $9B purchase of Intel's NAND memory chip business. >>
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Nissan to cut production in Japan
Thu, 15 Apr 2021 19:00:08 GMT
 
Nissan Motor is set to slash production at several Japanese factories in May amid the global semiconductors shortage, sources told Reuters. >>
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BlackRock profit above estimates in Q1
Thu, 15 Apr 2021 18:00:07 GMT
 
BlackRock's reported a higher-than-expected quarterly profit on Thursday, as broad-based strength in its businesses helped vault the company's assets under management to $9.01 trillion. >>
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Cruise gets $2.75B from Walmart, others
Thu, 15 Apr 2021 17:00:08 GMT
 
Self-driving startup Cruise, backed by GM, announced that it raised $2.75B in the latest financing round with investment from Walmart and others, reaching a valuation of over $30 billion. >>
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