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PBOC appoints Bo as Deputy Governor
Wed, 14 Apr 2021 01:17:51 GMT
 
On Tuesday, Li Bo, a US-educated economist, was appointed as the Deputy Governor of the People's Bank of China. >>
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Egyptian court orders $900M compensation from Ever Given
Tue, 13 Apr 2021 20:00:07 GMT
 
An Egyptian court ordered $900M compensation from an owner of the massive vessel Ever Given for the blockage of the Suez Canal. >>
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China foreign trade rises 29.2% in Q1
Tue, 13 Apr 2021 19:00:06 GMT
 
China's foreign trade surged 29.2% to $1.29 trillion in the first quarter of 2021, compared to the same period in 2020, the General Administration of Customs reports. >>
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Blockchain company ConsenSys raises $65M
Tue, 13 Apr 2021 18:00:08 GMT
 
Blockchain technology company ConsenSys raised $65M from major banks and other fintech companies including J.P. Morgan, Mastercard and UBS. >>
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Epic Games raises $1B
Tue, 13 Apr 2021 17:00:06 GMT
 
Epic Games raised $1B in its latest round of funding that values the company at $28.7B, data published by the company show. >>
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US consumer prices rise
Tue, 13 Apr 2021 16:00:07 GMT
 
US consumer prices increased by the most in more than 8 years in March as massive fiscal stimulus unleashed demand, the Labor Department reports. >>
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India seeks imports of COVID-19 vaccines
Tue, 13 Apr 2021 15:00:40 GMT
 
India seeks imports of Pfizer, Johnson & Johnson, and Moderna COVID-19 vaccines after a big surge in cases in the country this month. >>
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Renault to prolong partial plant halt
Tue, 13 Apr 2021 13:43:18 GMT
 
France's carmaker Renault has begun negotiations with its unions about extending the partial suspension of its three Spanish plants until September-end as a preventive measure in case the global semiconductor >>
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American Airlines sees Q1 revenue to drop
Tue, 13 Apr 2021 13:08:10 GMT
 
On Tuesday, American Airlines stated it was expecting its Q1 revenue to drop nearly 62% compared with the 2019's same period, and to report a loss of around $2.7B-$2.8B, excluding >>
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Nornickel to increase nickel products output
Tue, 13 Apr 2021 11:53:03 GMT
 
On Tuesday, Nornickel, Russia's metals producer, announced its plans to boost nickel products output at its Finnish plant, looking at the expanding market for EV batteries. >>
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VW agrees on wage deal with IG Metall
Tue, 13 Apr 2021 11:11:31 GMT
 
Europe's biggest automaker Volkswagen has agreed with the most powerful union in Germany, IG Metall, on a wage deal for 120K staff, with salaries rising by 2.3% starting from January >>
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European shares pause surge
Tue, 13 Apr 2021 10:34:58 GMT
 
During Tuesday's European trading hours, European stock indices paused their surge near record high levels. >>
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US senator seeks banning Big Tech from M&As
Tue, 13 Apr 2021 08:56:46 GMT
 
The US Senator Josh Hawley has introduced a legislation that would ban companies, including the Big Tech, from any merger and acquisition deals with the market value more than $100B. >>
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Credit Suisse unveils board nomination
Tue, 13 Apr 2021 07:42:55 GMT
 
Credit Suisse Group announced on Tuesday it had nominated Christian Gellerstad, the wealth management expert, for election to Swiss entity's board of directors at the annual general meeting that would >>
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Grab plans $40B SPAC deal
Tue, 13 Apr 2021 07:34:14 GMT
 
Grab Holdings, the Southeast Asian biggest food delivery and ride-hailing company, will announce on Tuesday its merger deal with the US SPAC Altimeter at the valuation of about $40B. >>
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