Business / page 21

  • 31.08.2020
  • 2798
  • everything-for-business.com
Chinese Byton introduced competitor Tesla. The electric car can be controlled with the help of gestures and voice

The Chinese company Byton, founded by immigrants from BMW and Infiniti, presented a prototype of an electric car at CES 2018 in Las Vegas. The car will go on sale before the end of 2019, wri...

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  • 31.08.2020
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  • everything-for-business.com
London’s Citigroup Tower Could Be Sold for $1.6 Billion

Owner AGC said to be working with CBRE on potential sale. London’s office market has remained buoyant amid global demand.

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  • 31.08.2020
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  • everything-for-business.com
Carl Icahn buys stake in software provider VMware: CNBC

Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc, CNBC reported on Tuesday.

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  • 31.08.2020
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  • everything-for-business.com
Atos to buy Syntel for about $3.57 billion

French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sun...

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  • 31.08.2020
  • 3365
  • Bloomberg.com
iDreamSky Attracts Sony, JD.com to $200 Million IPO

iDreamSky Technology Holdings Ltd., a Chinese game distributor, has attracted Sony Corp. and JD.com Inc. as cornerstone investors for its planned Hong Kong initial public offering, people wi...

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  • 31.08.2020
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  • everything-for-business.com
Panasonic plans to halve cobalt content of car batteries in two-three years

Panasonic Corp plans to halve the cobalt content of its mass-produced automotive batteries “in two to three years”, an executive at the Japanese conglomerate said on Thursday, as battery mak...

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  • 31.08.2020
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  • everything-for-business.com
Micron to buy Intel's stake in joint venture IM Flash Technologies

Micron Technology Inc said on Thursday it planned to take full control of IM Flash Technologies joint venture with Intel Corp.

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  • 31.08.2020
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  • everything-for-business.com
China and India will fight OPEC prices with US oil

The largest oil buyers in Asia want to reduce dependence on supplies from OPEC

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  • 31.08.2020
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  • everything-for-business.com
Daimler buys Torc Robotics stake for self-driving trucks

Daimler Trucks has agreed to buy a majority stake in self-driving truck software maker Torc Robotics as part of a broader push to develop autonomous vehicles.

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  • 31.08.2020
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  • everything-for-business.com
Alibaba to buy minority stake in Focus Media to tap digital marketing

Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd to tap into the digital ma...

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  • 31.08.2020
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  • everything-for-business.com
A trillion dollars in the crypto currency. Why Pavel Durov displays Telegram on ICO

Unlike Russian citizens enjoying the long New Year holidays, crypto traders, investors and crypto-instruments all over the world have kept their nose to the wind for the past ten days. What...

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  • 31.08.2020
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Diageo Sells Seagram's VO to Sazerac in $550 Million Deal

Diageo Plc agreed to sell Seagram’s VO whiskey and 18 other brands to closely held U.S. distiller Sazerac Co. for $550 million as the maker of Johnnie Walker focuses on higher-end labels.

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  • 31.08.2020
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Adobe Systems Is Nearing $5 Billion Deal for Marketo

Adobe Systems Inc. is in talks to buy software maker Marketo Inc. for about $5 billion, according to a person familiar with the matter.

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  • 31.08.2020
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Fox to buy seven TV stations from Sinclair for about $910 million

Twenty-First Century Fox Inc said on Wednesday it agreed to buy seven television stations from Sinclair Broadcast Group Inc for about $910 million.

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  • 08.01.2021
  • 112
  • Reuters.com
Commerzbank's new CEO raises its reserves for risks from the coronavirus pandemic to at least € 1.7 billion

FRANKFURT (Reuters) - Just a week after starting operations, Commerzbank's new chief executive on Friday wrote off € 1.5 billion ($ 1.84 billion) of goodwill from a German bank and raised pr...

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  • 31.08.2020
  • 3282
  • Bloomberg.com
Bain Said to Explore Takeover Bid for Germany

Bain Capital is exploring a takeover bid for German lighting-products manufacturer Osram Licht AG, which has a market value of 3.8 billion euros ($4.3 billion), according to people with know...

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  • 31.08.2020
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JPMorgan Seeks Majority Stake in China Fund Management Venture

Applied for securities JV control last week, following UBS China pledged to allow majority ownership of joint ventures

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  • 31.08.2020
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Oil and gas company Santos buys competitor Quadrant Energy for $ 2.15 billion

Macquarie Group and Brookfield Asset Management sold their assets to an Australian company

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  • 31.08.2020
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WeWork gets $3 billion in new funding from SoftBank

U.S. shared office space provider WeWork Cos has secured an additional $3 billion in funding from Japan’s SoftBank Group Corp, according to an investor presentation seen by Reuters.

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  • 31.08.2020
  • 1975
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Siemens buys Indian electrification company in $296 million deal

Siemens is buying Indian electrical equipment maker C&S Electric in a 267 million euro ($296.21 million) deal, the German industrial group said on Friday.

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