SEOUL (Reuters) – South Korea’s financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive preparation[...]
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July 20, 2023
Geely truck unit, Farizon, raises $600 million in funding round
(Reuters) – China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600 million in a Series-A funding round, the company said in a statement.[...]
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Factbox-What has become of Western carmakers’ assets in Russia?
By Gleb Stolyarov and Alexander Marrow (Reuters) – The Western automakers that dominated Russia’s car market left following Moscow’s invasion of Ukraine, leaving a slumping productio[...]
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Australian BNPL firm Zip’s credit performance in local market weakens further
(Reuters) – Australia’s Zip Co Ltd said on Thursday it faced a jump in bad debts at home grounds, its biggest market by revenue, during the March-June quarter due to poor domestic consumer[...]
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US regulators unveil antitrust roadmap with Big Tech in crosshairs
By Diane Bartz and Anirban Sen WASHINGTON (Reuters) -U.S. antitrust regulators published guidelines on Wednesday on the kinds of mergers and acquisitions they object to, reaffirming the skepticism wit[...]
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Biden widens war on junk fees, says US consumers tired of being treated as ‘suckers’
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) -The White House on Wednesday expanded its war on junk fees to the rental housing market, announced a crackdown on price-fixing in food and agri[...]
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