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Bloomberg Commerzbank AG will take an additional 2.1 billion-euro ($2.6 billion) hit in the fourth ...
Read More »Commerzbank takes additional $2.6 billion hit from pandemic
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Top US banks’ tax bill would rise $11bn with Biden hike
Bloomberg After three years of savings, top US banks could face an increased tax bill ...
Read More »Beijing jails former China Development Bank chief
Bloomberg China sentenced Hu Huaibang, a former chairman of the nation’s biggest policy bank, to ...
Read More »Chip shortage hits global automakers
Bloomberg A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler ...
Read More »Hyundai walks back on comment linking it with Apple’s car plans
Bloomberg Hyundai Motor backed away from a statement confirming it is in talks with Apple ...
Read More »Rivian close to raise funds at $25b valuation
Bloomberg Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., ...
Read More »Equifax all set to tackle e-commerce fraud with $640mn Kount deal
Bloomberg Equifax Inc. agreed to acquire Kount Inc., which offers fraud protection for e-commerce retailers, ...
Read More »Samsung rises to record on strong memory market outlook
Bloomberg Samsung Electronics Co. shares rise 7.1% to a record high in Seoul amid signs ...
Read More »Coronavirus: Dubai announces new AED315m stimulus package
DUBAI / WAM Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...
Read More »Investcorp portfolio firm Impero acquires Netop
BAHRAIN / WAM Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its ...
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