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India’s M&M may sell vehicles of SsangYong Motor in US

Bloomberg Mahindra & Mahindra Ltd. is considering introducing vehicles made by its South Korean subsidiary in the US, according to Managing Director Pawan Goenka. Mahindra hasn’t yet decided which SsangYong Motor Co. models it will sell in the US, Goenka said in an interview in Mumbai. The automaker is waiting for the board of its South Korean unit to approve ...

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China fintech IPO fever wanes as regulators weigh crackdown

Bloomberg The euphoria around Chinese fintech listings may be starting to wane. Online lender PPDAI Group Inc. raised $221 million after pricing its US initial public offering below the bottom end of a marketed range. The stock climbed 1.2 percent to $13.15 as of 12:52 pm in New York. Rival Qudian Inc. fell below its offer price the week after ...

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EU raises specter of no deal as Brexit talks drag

Bloomberg European Union chief negotiator Michel Barnier raised the prospect of Brexit talks failing to reach a breakthrough by year-end, saying the UK has two weeks to come up with a better offer on the financial settlement. Barnier called for “real and sincere progress” on the three divorce issues, which include the separation bill, the rights of EU citizens and ...

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