ZURICH/HONG KONG (Reuters) -ChemChina is aiming to raise around $10 billion from a Shanghai IPO for Swiss agrichemical giant Syngenta Group, in what is set to be the world’s largest flotation this year, sources with direct knowledge of the matter told Reuters.FILE PHOTO: A Syngenta logo is seen at its China headquarters in Beijing, China July 16, 2018. REUTERS/Jason Lee/File […]
Read moreBEIJING (Reuters) – Lectrice, 28, grew up eating KFC, has watched American teen TV drama Gossip Girl since high school, loves wearing Nike Air Jordans and supports the #MeToo movement.A visitor walks past a board with an emblem of the Communist Party of China at an exhibition marking the 100th anniversary of the founding of the Party, in Beijing, China […]
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(Reuters) – Chinese ride hailing company Didi Global Inc raised $4.4 billion in its U.S IPO on Tuesday, pricing it at the top of its indicated range and increasing the number of shares sold, according to two sources familiar with the matter.FILE PHOTO: A Didi logo is seen at the headquarters of Didi Chuxing in Beijing, China November 20, 2020. […]
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Warren Buffett and Charlie Munger first met over dinner in 1959, Buffett recalled in CNBC's special, "Buffett & Munger: A Wealth of Wisdom." The now-iconic business partners were introduced to each other through the family of a well-known doctor in Omaha. "I just knew instantly Charlie was the kind of guy that I was going to like, and I was […]
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Charlie Munger, vice chairman of Berkshire Hathaway, believes Zoom Video will keep thriving even as life goes back to normal after the pandemic. "I have fallen in love with Zoom," Munger said during an interview on CNBC's special "Buffett & Munger: A Wealth of Wisdom." "I think Zoom is here to stay. It just adds so much convenience." However, Munger's longtime business […]
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BARCELONA (Reuters) -Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho DoceWithout disclosing details, […]
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(Reuters) -Don Joyce, a Nokia manager working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favor of satellite broadband service Starlink, offered by Elon Musk’s SpaceX.FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk gestures after arriving on the red carpet for the Axel Springer award, in Berlin, Germany, December 1, […]
Read more* EU economic sentiment surges to 21-year high in June * Germany’s DAX leads gains on Adidas boost * German inflation eases in June, still above C.bank target * Germany’s Knorr slumps on report of possible Hella buy (Updates to market close) June 29 (Reuters) – European shares ended higher on Tuesday after data showed economic sentiment improved sharply in […]
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U.S. stock futures were steady Tuesday, one day after Facebook's first close above a $1 trillion market value broadly boosted tech stocks. The S&P 500 and Nasdaq both ended at record highs. However, as energy stocks came under pressure Monday, the Dow broke a two-session winning streak. The 30-stock average was 1.4% away from its record close early last month. […]
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