Archive for the January 14, 2019
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US drugmaker Pfizer Inc said on Wednesday it was shutting down two manufacturing plants in India that make generic injectables like penicillin as a response to falling demand. Indian financial newspaper Business Standard reported the
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A crackdown on corruption in Saudi Arabia has severely dented the kingdom's private jet industry in a sign of the impact the campaign has had on private enterprise and the wealthy elite. Dozens of planes,
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Volkswagen AG and Ford Motor Co will unveil a deeper alliance this week that goes beyond cooperating in commercial vehicles in a move meant to save the automakers billions of dollars as they develop new
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Huawei Technologies Co Ltd on Monday launched a new chipset for use in servers, at a time when China is pushing to enhance its chip-making capabilities and reduce its heavy reliance on imports, especially from
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China's Alibaba Group Holding has acquired German data analysis firm Data Artisans, the Berlin-based startup said, in a deal reported to be worth around 90 million euros ($103 million). The transaction marks the first full
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India's biggest IT services exporter Tata Consultancy Services on Thursday reported record quarterly earnings, buoyed by growth in its banking and financial services division and increased demand in Western markets. Mumbai-based TCS posted a 24.1
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India's biggest IT services exporter Tata Consultancy Services on Thursday reported record quarterly earnings, buoyed by growth in its banking and financial services division and increased demand in Western markets. Mumbai-based TCS posted a 24.1
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Airbus provisionally hit its main industrial target of 800 aircraft deliveries in 2018 after record handovers in December, two people briefed on the matter said. The final number is subject to ongoing auditing checks, with
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Most central banks have no plans to issue a digital version of their currency after studies left them unconvinced of the merits of e-money, a survey by the Bank for International Settlements (BIS) showed on
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The US government shutdown on Saturday became the longest in history and is taking a growing bite out of the world's largest economy with each passing day, economists say. While most of the 21 "lapses"
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