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Exclusive-China’s central bank to scrutinise bulk dollar purchases – sources

BEIJING/SHANGHAI (Reuters) -China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the...

Tesla supercomputer could boost EV maker’s market cap by $600 billion – Morgan Stanley

(Reuters) -Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an "asymmetric advantage" and boost its...

China Warns Traders on Yuan Speculation, Fueling Sharp Rebound

(Bloomberg) -- China escalated its defense of the yuan by delivering a strong verbal warning to speculators and forceful guidance to investors with...

China Economy Shows Signs of Stability With Improved Credit, CPI

(Bloomberg) -- China’s credit demand improved, deflationary pressures eased and the yuan rallied, adding to a recent trickle of signs that the economy...

TikTok Is Spending $1.3 Billion to Dodge Bans in Europe

Yet the threat of a ban constantly looms over the app, in part because of those longstanding Chinese connections. Although the app is...

Facebook Is Giving Up on News—Again

The Digital Markets, Competition and Consumers Bill currently working its way through the UK Parliament could see Meta (as well as Alphabet) labeled...

Arm Considers Raising IPO Price Range

(Bloomberg) -- Arm Holdings Ltd. is considering raising the price range of its initial public offering after meeting investors for what would be...

WSJ News Exclusive | J.M. Smucker Nears Deal to Buy Hostess

J.M. Smucker Nears Deal to Buy Hostess Source link

J.M. Smucker nears roughly $5 billion deal to buy Twinkies-owner Hostess Brands -sources

By Anirban Sen, Greg Roumeliotis and Dimpal Gulwani(Reuters) -Jif peanut butter maker J.M. Smucker is nearing a deal to buy Hostess Brands, the...

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