Articles by admin

WM Morrisons shares jumped on Tuesday as traders cited market rumors that the UK supermarket chain could be subject to a takeover approach by U.S. online retail giant Amazon.com Inc .

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Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid heightened uncertainty over Brexit, a China-U.S. trade war and French protests.

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A Tokyo court on Tuesday rejected ousted Nissan Motor chairman Carlos Ghosn’s appeal to end his detention following his arrest last month on allegations of financial misconduct.

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Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid uncertainty over Brexit, a China-U.S. trade war, and French protests.

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Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday.

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Hyundai Motor’s two vice chairmen in charge of research and development, Yang Woong-chul and Kwon Moon-sik, have offered to resign, three people familiar with the matter said on Tuesday.

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Uber Technologies Inc [UBER.UL] and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.

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German luxury car maker Daimler , parent company of Mercedes-Benz, on Tuesday said it would buy battery cells worth more than 20 billion euros ($22.75 billion) by 2030 as it readies mass production of hybrid and electric vehicles.

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Vivendi is calling for a shareholders meeting to change the board at Telecom Italia including five members proposed by activist fund Elliott, the French media conglomerate said on Tuesday.

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A top executive at Chinese telecoms giant Huawei Technologies [HWT.UL] is set to return to a Vancouver courtroom on Tuesday, as the judge weighs final issues in determining whether she should be freed on bail while awaiting extradition proceedings.

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Hyundai Motor Co on Tuesday began South Korean sales of its Palisade large sport utility vehicle (SUV), a model it hopes will spearhead a sales recovery in the United States when launched in its major overseas market next year.

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French media conglomerate Vivendi said on Tuesday that it would look to call upon a new shareholders meeting to change the board members at Telecom Italia and get rid of those proposed by activist fund Elliott.

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U.S. private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly $800 million, people familiar with the transaction said.

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Carlos Ghosn, the ousted chairman of Nissan Motor, has filed a complaint against a court decision to extend his detention following his re-arrest on fresh allegations of financial misconduct, the Tokyo District Court said on Tuesday.

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Chinese shares rose on Tuesday after Beijing confirmed it was still in trade talks with Washington, but investor confidence remained fragile in Asia after Britain’s prime minister postponed a Brexit vote, sending the pound to near 20-month lows.

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