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GM to announce new US plant with LG Chem
Wed, 14 Apr 2021 20:00:06 GMT
 
General Motors and LG Chem are expected to announce a second US battery cell manufacturing factory on Friday, unveiling plans for a $2.3B factory in Tennessee, sources said. >>
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Oil surges more than 4% on Wednesday
Wed, 14 Apr 2021 18:03:01 GMT
 
Oil prices climbed over 4% on Wednesday, as the report from the International Energy Agency, followed by US inventory data raised optimism on returning demand for crude. >>
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Alkami valued at $3B in market debut
Wed, 14 Apr 2021 17:46:12 GMT
 
Alkami Technology's shares increased 38% in the US stock market debut on Wednesday, granting the US banking software supplier a market capitalization of $3.43B. >>
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World Bank loans Bangladesh over $1B
Wed, 14 Apr 2021 16:00:08 GMT
 
The World Bank signed several financing agreements with Bangladesh totaling $1.04B to support the country's efforts in dealing with the COVID-19 pandemic. >>
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Namibia economy contracts
Wed, 14 Apr 2021 15:43:42 GMT
 
The economy of Namibia contracted 8% in 2020, following a contraction of 0.6% in 2019, the Bank of Namibia governor Johannes Gawaxab says. >>
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Goldman Sachs profit surges
Wed, 14 Apr 2021 15:32:37 GMT
 
Revenue of Goldman Sachs surged in the first quarter of 2021, beating analysts' expectations, data published by the US investment banking giant show. >>
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SpaceX attracts $1.16B in equity financing
Wed, 14 Apr 2021 14:25:08 GMT
 
Elon Musk's SpaceX raised nearly $1.16B in equity financing, according to the amended regulatory filing published by the rocket launch service on Wednesday. >>
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Goldman profit beats estimates
Wed, 14 Apr 2021 13:30:58 GMT
 
On Wednesday, Goldman Sachs Group topped Wall Street's forecasts for its Q1 profit, as the American investment lender capitalised on the global dealmaking activity's record levels and the pandemic-driven surge >>
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Ford to put self-driving tech in some vehicles
Wed, 14 Apr 2021 12:26:51 GMT
 
On Wednesday, Ford Motor stated it would offer its self-driving technology in some car and truck models as well as Mustang models already this year. >>
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Ryanair to take 737 MAX delivery soon
Wed, 14 Apr 2021 11:10:06 GMT
 
Ryanair is planning to take the Boeing 737 MAX jet delivery after two years of suspension due to the aircraft grounding caused by two fatal crashes. >>
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Norwegian Air to raise extra cash
Wed, 14 Apr 2021 09:16:22 GMT
 
Norwegian Air is planning to raise up to $711M in fresh capital to boost its resources before the company exits from the bankruptcy protection in May as the coronavirus pandemic >>
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LVMH shares reach their record-high level
Wed, 14 Apr 2021 08:36:07 GMT
 
On Wednesday, LVMH's shares surged to their record-high level after reporting strong sales figures, which showed the world's largest luxury goods company had recovered far more rapidly than estimated in >>
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Grab Holdings to go public
Wed, 14 Apr 2021 05:00:11 GMT
 
On Tuesday, Singapore-based ride-hailing service Grab Holdings announced plans to go public in the United States through a merger deal with Altimeter Growth Corp. >>
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Norway to unwind some coronavirus restrictions
Wed, 14 Apr 2021 04:00:08 GMT
 
Norway will begin to ease some COVID-19 restrictions, the Norwegian Prime Minister Erna Solberg announced on Tuesday. >>
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BoE's Chief Economist Haldane to resign
Wed, 14 Apr 2021 03:00:07 GMT
 
Andy Haldane, Bank of England's Chief Economist, will quit his position this year, the BoE announced on Tuesday. >>
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