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China’s Alibaba strives to keep New York listing amid audit dispute
August 11, 2022August 5, 2022 dpastelescom

China’s Alibaba strives to keep New York listing amid audit dispute

Business

Alibaba Group Holding Ltd (9988.HK)said on Monday it would work to maintain its New York Stock Exchange listing alongside its Hong Kong listing after the

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Valvoline fuels retail drive with $2.65 bln lubricants unit sale to Saudi Aramco
August 10, 2022August 5, 2022 dpastelescom

Valvoline fuels retail drive with $2.65 bln lubricants unit sale to Saudi Aramco

Business

Valvoline Inc (VVV.N) is selling its unit that makes lubricants, coolants and other automotive products to state-owned Saudi Aramco (2222.SE) for $2.65 billion in cash

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Einhorn’s Greenlight takes stake in Twitter
August 9, 2022August 8, 2022 dpastelescom

Einhorn’s Greenlight takes stake in Twitter

Business

Hedge fund Greenlight Capital said it took a new stake in Twitter (TWTR.N) last month as the social media company sued to force Elon Musk

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Oracle starts job cuts in U.S. – The Information
August 8, 2022August 5, 2022 dpastelescom

Oracle starts job cuts in U.S. – The Information

Business

Oracle Corp (ORCL.N) has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of

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Russia’s VTB brokerage head leaves amid clients’ dismay
August 7, 2022August 5, 2022 dpastelescom

Russia’s VTB brokerage head leaves amid clients’ dismay

Business

VTB (VTBR.MM) will replace the head of its brokerage unit, Russia’s second-largest lender said on Monday, as it faces clients’ discontent over losses incurred because

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Uber Eats in focus as inflation-hit consumers rethink ordering in
August 6, 2022August 5, 2022 dpastelescom

Uber Eats in focus as inflation-hit consumers rethink ordering in

Business

The food-delivery business that kept Uber Technologies’ (UBER.N) earnings afloat during the peak of the pandemic is expected to show signs of strain in second-quarter

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Emirates plans to reduce Nigeria service due to trapped revenue
August 5, 2022August 8, 2022 dpastelescom

Emirates plans to reduce Nigeria service due to trapped revenue

Business

Dubai’s Emirates plans to reduce flights to Nigeria this month due to troubles repatriating revenue from Africa’s most populous nation, according to a letter sent

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