Amazon scores Indian win as copurt freezes Future’s $3.4 billion retail deal

An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon (NASDAQ:AMZN) raised ...

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Energy company Baker Hughes is ‘cautiously optimistic’ on the outlook for demand

Energy services firm Baker Hughes sees energy demand recovering in the second half of 2021, chief executive Lorenzo Simonelli said this week.

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GameStop, other Reddit-favored stocks plunge as trading frenzy fizzles

GameStop Corp (NYSE:GME) shares more than halved in value on Tuesday and silver prices retreated as the Reddit-driven trading frenzy that roiled stock and ...

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Chip sales rose 6.5% globally in 2020 after year-end rush

Global semiconductor sales rose 6.5% overall in 2020, as a recovery during the last three months of the year helped offset a sharp dropoff in ...

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Nintendo hikes Switch sales forecast after bumper year-end

Japan's Nintendo Co Ltd (T:7974) on Monday hiked its full-year forecast for Switch (NYSE:SWCH) games console sales to 26.5 million from 24 million ...

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Grab upsizes debut term loan to $2 billion on strong investor demand

Southeast Asian ride-hailing and food delivery giant Grab has raised $2 billion from its first term loan, in what it said was the largest ...

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