By Scott Murdoch (Reuters) -China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet …
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(Reuters) – Europe’s largest activist investor Cevian Capital has slashed its stake in UK-based Vodafone as scepticism grows that the telecoms company will be able to reverse its sluggish performance, …
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BERLIN (Reuters) – Austria’s WIFO institute slashed its 2023 forecast on Friday, saying record inflation rates resulting from the war in Ukraine are steering the economy towards stagflation. Austrian gross …
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Biden Turns To Communist Dictatorship For Oil After OPEC Slashes Production Jack McEvoy on October 5, 2022 The Biden administration proposed a deal that will ease sanctions on Venezuela, …
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LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth in factory output next year, citing huge uncertainty around demand and energy prices. Make UK downgraded its …
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Gap Slashes Hundreds Of Jobs As Inflation Squeezes The Struggling Giant John Hugh DeMastri on September 20, 2022 Gap will eliminate nearly 500 corporate jobs, joining other struggling retailers as …
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By Marc Jones LONDON (Reuters) – Investment bank JPMorgan slashed its forecast for developing world corporate debt issuance by a third on Monday, the latest sign of the economic pressures …
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SHANGHAI (Reuters) – Tesla Inc has shortened delivery waiting times for its rear-wheel drive Model Ys in China to one to four weeks, it said on its Chinese website, the …
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By Carolina Mandl NEW YORK -Investment firm Tiger Global Management, which lost billions of dollars in this year’s technology meltdown, slashed or completely exited most of its holdings in the …
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By Daniel Leussink TOKYO – Japan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact of Russia’s war in Ukraine, …
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Glenn Youngkin’s Budget Slashes Handouts To Illegal Migrants, Advocates Jennie Taer on June 16, 2022 Republican Virginia Gov. Glenn Youngkin’s new budget proposal released Wednesday pulls funding from illegal aliens …
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By Leigh Thomas PARIS – The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout of 1970s-style stagflation, the OECD …
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KARACHI, Pakistan – Pakistan will slash fuel subsidies for a second time in a week in a bid to control the fiscal deficit and secure International Monetary Fund (IMF) bailout …
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BERLIN – German flag carrier Lufthansa said it would cancel some domestic flights to Frankfurt from Thursday, an announcement that follows a staffing shortage warning from Germany’s biggest airport operator, …
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BERLIN – German growth will be weaker than expected this year due to the effects of Russia’s invasion of Ukraine which will also push up inflation in Europe’s biggest economy, …
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Albuquerque, NM – Albuquerque police reported a man on a bicycle randomly slashed 11 people Sunday starting at around 11 am. The attacks began near the Sister Bar downtown and …
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Gannett slashes 136 Saturday papers weeks after discontinuing local community weeklies
by Phil StiltonNEPTUNE, NJ – Gannett, Inc., a publicly-traded company and a struggling national print newspaper corporation that operates nine daily newspapers across New Jersey including our local Asbury Park Press and …