BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in the first half of 2023, regional newspaper Volksstimme[...]
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December 17, 2022
Exclusive-L3Harris nears $4.7 billion deal to acquire Aerojet Rocketdyne
By David Carnevali and Mike Stone (Reuters) – L3Harris Technologies Inc is nearing a $4.7 billion deal to acquire U.S. rocket maker Aerojet Rocketdyne Holdings Inc, 10 months after the latter[...]
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JP Morgan signs deal for stake in fintech Viva Wallet for over $800 million
ATHENS (Reuters) – JP Morgan has signed a deal to buy a 48.5% stake in Athens-based payments fintech Viva Wallet for more than $800 million, a person with knowledge of the matter told Reuters on[...]
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Elon Musk restores Twitter accounts of journalists but concerns persist
By Sheila Dang (Reuters) – Elon Musk reinstated the Twitter accounts of several journalists that were suspended for a day over a controversy on publishing public data about the billionaire[...]
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Crypto exchange Bitvavo says it aims to recoup 280 million euros from DCG
AMSTERDAM (Reuters) -Dutch cryptocurrency exchange Bitvavo said on Saturday it is trying to recover 280 million euros ($296.30 million) from U.S.-based Digital Currency Group (DCG) and its subsidiarie[...]
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Goldman taps former BoE official Bradley Fried as next International chair- Sky News
(Reuters) -Goldman Sachs Inc has tapped Bradley Fried, former Chair of the Court of the Bank of England, as chairman of Goldman Sachs International (GSI), Sky News reported on Saturday. Fried will rep[...]
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Iranian oil workers protest for higher wages -social media
DUBAI (Reuters) -Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media. The reported o[...]
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Analysis-Bumper green aluminium output is good news for carmakers, and climate
By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking[...]
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Toshiba’s preferred bidder may lower valuation below 2 trillion yen – Nikkei
TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from the planned 2.2 trillion yen ($16.09 billion) to levels below 2 tril[...]
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