By Chibuike Oguh (Reuters) -Ares Management Corp said on Wednesday it raised about $5 billion for an infrastructure debt fund that invests in the debt of infrastructure assets such as data centers, te[...]
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January 11, 2023
S. Korea’s Hanwha Qcells to invest $2.5 billion in U.S. solar supply chain
By Nichola Groom (Reuters) -South Korean solar energy company Qcells on Wednesday said it would invest $2.5 billion to expand its manufacturing capacity in the United States, creating as many as 2,500[...]
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Congo beer factory a beacon in region rocked by rebels
By Erikas Mwisi Kambale BENI, Democratic Republic of Congo (Reuters) – Bottles of beer zip along a conveyor belt in a Brasimba factory which has weathered two deadly Ebola outbreaks and waves of[...]
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Global PC market seen to recover late 2023 – reports
(Reuters) – Global personal computer shipments are expected to rise starting late 2023, with a new cycle of system upgrades likely to accelerate growth next year, according to research firms IDC[...]
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Conagra CEO expects no more price hikes beyond this quarter
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) -Healthy Choice meal maker Conagra Brands Inc has no plans to hike prices further on its snacks and frozen foods beyond the current quarter, its[...]
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World Bank warns global economy could tip into recession in 2023
(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth) By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts o[...]
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Pakistan to take fiscal measures set by IMF to meet budgetary targets
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan will take fiscal measures set by the International Monetary Fund (IMF) to meet its budgetary targets for the 2022-23 financial year, finance minist[...]
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Factbox-LVMH roles held by Bernard Arnault’s children
By Mimosa Spencer and Mimosa Spencer PARIS (Reuters) -LVMH Chairman and CEO Bernard Arnault named his daughter Delphine as CEO of the group’s second largest fashion label Christian Dior on Wedne[...]
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Uniqlo owner gives Japan Inc a jolt with 40% wage hike
By Rocky Swift TOKYO (Reuters) – Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, a clear sign that Japan’s rock-bottom salaries may be startin[...]
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