INTERNATIONAL COMPANIES NEWS
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February 25, 2021, Thursday
Boeing working with regulators on return of 737 MAX in Asia: Executive
Ten airlines are now operating the MAX with more than 13,500 flight hours since the return to service, Hulst said
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February 25, 2021, Thursday
ByteDance names head of China news unit as global TikTok R&D chief: Report
US investors, including Oracle Corp and Walmart Inc, have discussed with ByteDance taking a majority stake in TikTok's American ...
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February 25, 2021, Thursday
Facebook says it will pay $1 billion over three years to news industry
Google said in October that it would pay publishers $1 billion over the next three years
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February 25, 2021, Thursday
Apple has bought more than 100 companies in the last six years: Tim Cook
Apple's largest acquisition in the last decade was its $3-bn purchase of Beats Electronics, the headphone maker founded by rapper ...
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February 25, 2021, Thursday
Facebook intensifies fight against child abuse content; tightens rules
Facebook said it is developing solutions, including new tools and policies to curb sharing of such content on its platform.
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February 24, 2021, Wednesday
Beijing-based ByteDance names new global head of R&D at TikTok: Report
The role is newly created and would be the first senior R&D position for TikTok
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February 24, 2021, Wednesday
Apple supplier Foxconn teams up with Fisker to make electric vehicles
Fisker's shares jumped 23.4% to $20.10 in premarket trading.
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February 24, 2021, Wednesday
Suzuki Motor's 91-year old chairman is retiring: Report
The firm's chairman, Osamu Suzuki, is retiring, the Nikkei newspaper reported on Wednesday
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February 24, 2021, Wednesday
Hyundai Motor to recall Kona EV and other electric vehicles in South Korea
"Hyundai Motor has decided to replace the battery cells of its three electric vehicle models," the Korea Times reported
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February 24, 2021, Wednesday
Samsung SDI to invest $849 million to expand EV battery plant in Hungary
Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics Co Ltd, began production at the Hungary plant in 2018, ...
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February 24, 2021, Wednesday
GameStop finance head to step down as company shifts into tech-driven sale
GameStop said Bell's resignation was not due to any disagreement with the company relating to its operations, including ...
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February 24, 2021, Wednesday
Analysis: Boeing alters course in speedy response to engine blowouts
SEATTLE (Reuters) - Two years ago, after a second fatal 737 MAX crash in five months, Boeing Co worked behind the scenes to ...
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February 24, 2021, Wednesday
Facebook to restore Australian news pages after tweaks to media laws
Canberra agrees to amend draft law that will force Big Tech to pay for journalism
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February 23, 2021, Tuesday
Thomson Reuters Corp fourth-quarter revenue, adjusted earnings rise
The news and information company, which owns Reuters News, said revenues rose 2% to $1.62 billion, while its operating profit ...
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February 23, 2021, Tuesday
EU Commission tells 6 countries to ease unilateral Covid-19 border curbs
The EU executive's Justice Commissioner, Didier Reynders, said it had given Belgium, Denmark, Finland, Germany, Hungary and ...
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February 23, 2021, Tuesday
Spirit AeroSystems posts quarterly loss on pandemic, 737 MAX pain
"2020 was one of the most challenging years in aviation history. For Spirit, the 737 MAX grounding and the COVID-19 pandemic ...
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February 23, 2021, Tuesday
Jetmakers to lose orders in Norwegian restructuring, says report
Norwegian last year won protection from bankruptcy in both Norway and Ireland, where most of its assets are registered, and is ...
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February 23, 2021, Tuesday
Brazil approves Pfizer's coronavirus vaccine, but has none to use
It is the first coronavirus shot to receive full approval in Brazil, regulator Anvisa said. Vaccines developed by AstraZeneca and ...
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February 23, 2021, Tuesday
Top banks asked to justify why they still clear euro swaps in London
Banks are being asked to say which types of the derivatives they clear in Britain they would consider "the easiest to clear" at ...
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February 23, 2021, Tuesday
HSBC's India pretax profit in 2020 inches up to $1.02 billion
India is the third most profitable region for the lender after Hong Kong and mainland China
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February 25, 2021, Thursday
Qantas expects to start int'l flights in Oct post Aus vaccination drive
Qantas still expected a "material increase" in flights between Australia and New Zealand by July, Joyce said
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February 25, 2021, Thursday
StanChart profit dips as Covid inflates bad loans, high credit impairments
Credit impairments last year more than doubled compared with a year earlier to $2.3 billion because of the pandemic
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February 25, 2021, Thursday
Ark ups bet on Tesla despite suffering largest one-day outflow on record
LONDON/NEW YORK (Reuters) - The largest outflow on record for Cathie Wood's ARK fund was not enough to stop the firm from ...
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February 25, 2021, Thursday
Suzuki's 91-year-old chief to retire after longest reign in auto industry
The announcement by Japan's fourth-biggest automaker comes less than a week after rival Honda Motor appointed a new CEO, who said ...
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February 25, 2021, Thursday
Global retail banking: A particular breed heading for extinction
When HSBC and Citigroup were expanding, they were offering best-in-class consumer banking. As technology improved, local rivals ...
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February 24, 2021, Wednesday
SoftBank-backed Berkshire Grey to go public via $2.7 bn SPAC deal
The deal is expected to provide Berkshire Grey about $413 million in cash, as the maker of logistics automation systems looks to ...
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February 24, 2021, Wednesday
Facebook plans to invest $1 billion in news industry after Australia row
Facebook on Tuesday restored Australian news pages, ending an unprecedented week-long blackout after wringing concessions from ...
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February 24, 2021, Wednesday
Nissan ex-CEO Hiroto Saikawa tells Japanese court Ghosn's pay was too low
"Mr. Ghosn had outstanding abilities and achievements," Saikawa said, testifying in Tokyo District Court in the criminal trial of ...
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February 24, 2021, Wednesday
LinkedIn suffers over two hour long global outage, platform back up now
LinkedIn, which is the world's largest professional network with nearly 740 million members in more than 200 countries, was later ...
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February 24, 2021, Wednesday
With vaccine rollout, fortunes of these covid billionaires are fading away
Almost $2.2 billion has evaporated from the net worth of Top Glove founder Lim Wee Chai and his family since October
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February 24, 2021, Wednesday
French auto maker Citroën's challenging debut in Indian SUV market
The success of the storied French car brand, which enters the crowded Indian SUV market next month, will depend on its agility ...
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February 24, 2021, Wednesday
Apollo Global Management, GIP bid for $10-billion Aramco pipeline stake
Pension funds in Abu Dhabi and Saudi Arabia have separately submitted initial bids, the people said
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February 23, 2021, Tuesday
Twitter removes hundreds of accounts, says are linked to Iran, Russia
The company said it had taken down 238 accounts operating from Iran for various violations of its policies
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February 23, 2021, Tuesday
Medtronic beats Q3 profit estimates on strong demand for ventilators
The world's largest standalone medical device maker said it would not provide a forecast for 2021 due to uncertainties ...
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February 23, 2021, Tuesday
China's Tuhu plans US IPO this year after $400 million fundraising
Investment banks have been pitching to the company in recent weeks for the potential IPO, said five people
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February 23, 2021, Tuesday
Macy's forecasts upbeat 2021 sales on stimulus checks, online shoppers
The upbeat outlook from the US retailer follows better-than-expected sales in the holiday quarter as stimulus checks and strong ...
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February 23, 2021, Tuesday
Marriott International names Tony Capuano chief executive officer
Capuno joined Marriott in 1995 and was in charge of the company's US and Canada lodging business.
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February 23, 2021, Tuesday
Thomson Reuters reshapes corporate structure for post-pandemic world
The news and information group said it would invest $500 million to $600 million over two years to make the transition from a ...
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February 23, 2021, Tuesday
Wells Fargo sells asset management biz for $2.1 billion to reshape bank
The company agreed to sell Wells Fargo Asset Management to private equity firms GTCR LLC and Reverence Capital Partners
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February 23, 2021, Tuesday
EasyJet ticket sales surge as UK PM unveils plan for air travel return
EasyJet ticket sales more than quadrupled in the hours after Johnson said Monday that international trips may restart as soon as ...
