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ECB must prepare to issue a digital euro, Panetta says FRANKFURT (Reuters) - The European Central Bank should prepare to issue a digital euro to complement banknotes "if and when" it becomes necessary, ECB board member Fabio Panetta said on Friday. FILE PHOTO: Fabio Panetta, director of international ...
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Uber Sells Stake in Freight Unit to Private Investors Uber Technologies Inc. is selling a stake in its Uber Freight truck brokerage arm for $500 million to investors in a funding round led by Greenbriar Equity Group LP, pumping fresh cash into a business that has been growing rapidly while also losing money at a ...
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Trian Fund Management takes 9.9% stakes in Invesco, Janus Henderson Activist investment firm Trian Fund Management has taken a 9.9% stake each in asset management firms Invesco and Janus Henderson Group, totaling about $900 million, people familiar with the matter said. Trian, founded by Nelson Peltz, Ed Garden and ...
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SPAC power players — Goldman nabs GM credit cards— The next hot alt-data set A while back I wrote about Goldman's reported push to acquire General Motor's credit card. Turns out the bank sealed the deal, as reported by The Wall Street Journal. It's the second co-branded credit card Goldman has nabbed, the first being Apple. The two ...
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India's richest man has raised $3.4 billion for his retail empire in just a few weeks Hong Kong (CNN Business) Mukesh Ambani is on another serious fundraising spree. Asia's top billionaire on Thursday scored a major investment for his retail business, boosting the total raised for Reliance Retail over the past month to about $3.4 billion.
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When Is A Subway Sandwich Not Made Of Bread? When It's About Money The Irish courts have ruled that Subway sandwiches cannot be called 'bread' over an issue which involves a lot of money for one Subway franchisee. A Subway franchisee called Bookfinders Ltd had tried to argue that it shouldn't have to pay VAT because it ...
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PSEG applies to keep $300M annual subsidies for South Jersey nuclear plants The energy company first got the controversial ratepayer aid in 2018 after threatening it would otherwise close the plants. Credit: (AP Photo/Mark Lennihan). File photo: Salem Nuclear Power Plant in Lower Alloways Creek Township. Public Service Enterprise ...
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China Pledges Net-Zero Carbon Emissions by 2060. That Gave the Rally in Solar Stocks Another Boost. Investors can generally ignore goals that world leaders promise the U.N. General Assembly they will achieve 40 years from now. Chinese President Xi Jinping 's recent pledge to make his country carbon neutral by 2060 is an exception. The scope of Xi's ...
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LyondellBasell and Sasol form Integrated Polyethylene Joint Venture HOUSTON and JOHANNESBURG, Oct. 2, 2020 /PRNewswire/ -- LyondellBasell (NYSE: LYB) and Sasol (JSE: SOL) (NYSE: SSL) today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell ...
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Sonoma County's Kenwood Press getting new owners; Napa Valley grower group funds COVID kits; more news Alec and Ann Peters, owners and publishers of the Kenwood Press in Sonoma County, have entered into a contract to sell the award-winning community newspaper to Melissa Dowling and Paul Goguen of Glen Ellen. Goguen worked for various media ...
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Playboy goes from private to public in new venture Playboy Enterprises is going to list again on the stock market, nine years after it was taken private. The late Hugh Hefner empire is merging with another firm, Mountain Crest, in a deal that values Playboy at $381m (£296m) and includes $142m of debt.
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Nokia reaches 100 5G deals and 160 commercial 5G engagements Press Release. Nokia reaches 100 5G deals and 160 commercial 5G engagements. · New wins validate company's progress in strengthening mobile radio product portfolio as transition to 5G continues. 2 October 2020. Espoo, Finland – Nokia today ...
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NIO Inc. Provides September and Third Quarter 2020 Delivery Update Company Achieved New Record-High Monthly and Quarterly Deliveries · NIO delivered 4,708 vehicles in September 2020, increasing by 133.2% year-over-year · NIO delivered 12,206 vehicles in the three months ended September 2020, increasing by 154.3% ...
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National Taco Day deals While it doesn't fall on a Tuesday, Oct. 4 is the day to stop what you're doing and devour some tacos in honor of National Taco Day in the United States. And Americans take taco consumption very seriously, eating about 4.5 billion each year, according to ...
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Prospect, Crown Heights Restaurants Wary As Indoor Dining Begins BROOKLYN, NY — From plexiglass boards hanging from the ceiling, to hiring new staff for the first time since the pandemic struck — Brooklyn restaurants are getting ready to welcome customers back inside as New York City resumes indoor dining this week.
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Asda bought by billionaire Issa brothers in £6.8bn deal Two billionaire brothers from Blackburn have won the battle to buy Asda from Walmart of the US, in a deal valuing the supermarket chain at £6.8bn. A consortium of Zuber and Mohsin Issa and private equity firm TDR Capital will take a majority stake in Asda.
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Layoffs continue as US jobless claims remain high WASHINGTON - A grim portrait of the U.S. economy is emerging more than six months into the pandemic, as a cascade of new layoffs announced this week puts pressure on an already strained labor market and further raises the specter of an economic ...
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Exclusive: US gaming platform Roblox prepares to go public - sources (Reuters) - Roblox Corporation is working with investment banks to prepare for a U.S. stock market listing that could come early next year and which the online gaming platform expects could double its recent $4 billion valuation, people familiar with the matter ...
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Pfizer COVID-19 vaccine's development won't be affected by politics: CEO Bourla expressed his disappointment in Tuesday night's presidential debate, arguing that vaccine development for the coronavirus was discussed "in political terms rather than scientific facts". Facebook; Twitter; Comments; Print; Email. By Lucas Manfredi ...
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IDT Corporation Reports Fourth Quarter and Full Fiscal Year 2020 Results NEWARK, N.J., Oct. 1, 2020 /PRNewswire/ -- IDT Corporation (NYSE: IDT) reported net income per diluted share of $0.82 and Non-GAAP earnings per diluted share* of $0.62 on revenue of $360.3 million for the fourth quarter of FY 2020, the three months ...
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Packer did not direct Crown executives, says former chairman Former Crown Resorts executive chairman John Alexander has denied that James Packer continued to control the casino operator's executives after he stood down from its board in 2018, despite his regularly contacting executives with instructions and ...
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RailTel Corporation files draft papers with Sebi for Rs 700 crore IPO NEW DELHI: State-owned telecom infrastructure provider RailTel has filed Draft Red Herring Prospectus (DRHP) with the market regulator Sebi for an initial public offer (IPO) of up to 8.66 crore equity shares. The Rs 700 crore public offer will be a complete ...
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Asian currencies ease after Trump tests positive for Covid-19 U.S. dollar edges higher after Trump tests positive. Malaysia stocks set to snap two straight weeks of gains. Palm oil stocks in Malaysia stage minor rebound. India, China, South Korea, Hong Kong, Taiwan on holiday. Southeast Asia's currencies eased on ...
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The most expensive streets in the UK where the average house will set you back £35991500 Kensington Palace Gardens, which has been named as Britain's most expensive street for the 12th year running (Picture: Oli Scarff/Getty Images). Share this article via facebookShare this article via twitterShare this article via whatsapp ...
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Petrol demand in India returns to pre-covid 19 levels, diesel sales inching up India's petrol sales rose 2 per cent in September - the first increase since the country's lockdown in late March - signalling demand returning to pre-COVID-19 levels. Diesel sales continue to be below normal but have shown a month-on-month increase, ...
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India's September Trade Deficit In Goods At $2.91 Billion India posted a trade deficit of $2.91 billion in goods in September, data released by the government showed on Friday. Promoted. Listen to the latest songs, only on JioSaavn.com. Merchandise imports contracted 19.60 per cent in September to $30.31 billion ...
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House Antitrust Chair Says Big Tech Firms Abuse Gatekeeper Power (Bloomberg) -- Alphabet Inc.'s Google, Amazon.com Inc., Apple Inc. and Facebook Inc. abuse their power as gatekeepers of the internet, said the head of a House antitrust panel who's poised to propose legislative changes to rein in the technology giants.
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David Beckham-backed esports firm IPOs on London Stock Exchange Founded in London in September 2019, Guild is the first esports firm to go public on the London stock. Guild wants to manage professional gamers and help them win lucrative competitions. Soccer star David Beckham now owns a 4.78% stake in the ...
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Catching prostate cancer a combination of vigilance and concern WOODWAY, TX — Only lung cancer kills more men than prostate cancer. What's it like to go through diagnosis, treatment and recovery? Cancer survivor Curt Lancaster lives today because of how seriously he took the disease, and the skill of his doctors.
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PM Modi to inaugurate global summit on artificial intelligence on October 5 Prime Minister Narendra Modi will inaugurate a global virtual summit on Artificial Intelligence (AI), RAISE 2020 - 'Responsible AI for Social Empowerment 2020' on October 5, according to the ministry of electronics and information technology. The summit is ...
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