1.MICROSOFT:-Â Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future. The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition...
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TOP 5 STOCKS TO WATCHOUT:- 1.BOEING:-Emirates has made progress in talks with Boeing on the Dubai airline’s concerns over delays to the 777X jetliner but does not yet know when it will receive an aircraft it considers vital to its future growth, its president said on Tuesday. “It is...
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TOP 5 STOCKS TO WATCHOUT:- ANT GROUP China’s Ant Group said on Monday that it is making efforts to “differentiate” part of its short-term consumer loan business Jiebei, as it pursues a Beijing-led restructuring aimed at reining in some of its freewheeling businesses. Ant, the financial affiliate of e-commerce...
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TOP 5 STOCKS TO WATCHOUT:- 1. BLACK ROCK BlackRock Inc told Reuters it has raised a target-beating $673 million for an infrastructure fund with backing from the French, German and Japanese governments to invest in climate-focused projects such as renewable energy in emerging markets. The world’s largest money manager...
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1.DAIMLER:-Daimler AG Â reported a higher quarterly profit on Friday despite a 30% drop in Mercedes-Benz unit sales due to a global semiconductor chip shortage, as it focused on more profitable cars and cut costs, and said it should meet its 2021 profit targets. The German premium carmaker said it...
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1.SONY:-Japan’s Sony Group Corp on Thursday squeezed out a surprise 1% rise in operating profit for its second quarter though costs from growing sales of its PlayStation 5 (PS5) console pressed on margins. Weaker profitability in the key games segment could also not stop the group hiking its full-year...
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1.TESLA:-Â U.S. electric car maker Tesla Inc on Sunday rolled back the latest version of its Full Self-Driving (FSD) beta software, less than a day after its release after users complained of false collision warnings and other issues. The setback comes as Tesla is under regulatory scrutiny over the safety...
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1.EVERGRANDE:-Â China Evergrande Group has supplied funds to pay interest on a U.S. dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen the developer plunge into formal default. The person said Evergrande remitted $83.5 million to a...
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1.GOOGLE:- A Swiss court has dismissed Google’s bid to block the award of a government cloud computing contract worth up to 110 million Swiss francs ($119 million) to rival bidders. “In an interim decision, the Federal Administrative Court rejects Google’s request to grant suspensive effect to its appeal. The...
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