By Rachna Uppal ABU DHABI (Reuters) -Binance Chief Executive Changpeng Zhao said on Wednesday there was significant interest from industry players in a recovery fund his company plans to launch to hel[...]
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Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) – Amazon’s cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, th[...]
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Japanese chipmaker Rohm considering joining JIP for Toshiba buyout
TOKYO (Reuters) -Japanese chipmaker Rohm Co Ltd said on Wednesday it was considering joining a consortium led by private equity fund Japan Industrial Partners (JIP) to buy out Toshiba Corp, as JIP wor[...]
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Taiwan president decries ‘rumours’ about the island’s chip investment risk
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Taiwan President Tsai Ing-wen has decried what she called “rumours” about the risk of investing in the island’s semiconductor industry[...]
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In China’s property crisis, global asset managers see opportunity in rental housing
By Clare Jim HONG KONG (Reuters) – Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into China’s rental housing, as a growing number of distressed devel[...]
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China’s home prices see biggest fall in 7 years, recovery bumpy
BEIJING (Reuters) -China’s new home prices fell at their fastest pace in over seven years in October, weighed down by COVID-19 curbs and industry-wide problems, reflecting a deepening contractio[...]
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India’s Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands
By Aditya Kalra NEW DELHI (Reuters) – India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to[...]
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Oil prices settle higher on Druzhba oil pipeline disruption
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose on Tuesday and settled higher after news that oil supply to Hungary via the Druzhba oil pipeline has been temporarily suspended due to a f[...]
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FTX creditors may number over 1 million as regulators seek answers
By Akriti Sharma and Daniel Leussink (Reuters) – Collapsed crypto exchange FTX outlined a “severe liquidity crisis” in U.S. bankruptcy filings, which said the group could have more t[...]
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