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Ronaldo Nazario tested positive for COVID-19

The former football star Ronaldo Nazario tested positive for COVID-19 on Sunday morning, Cruzeiro, the Brazilian football club he recently bought a majority stake in, said on its official Twitter acc

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Louisiana aiming to fix wetlands with 'river divergence'

04:40 Louisiana is gaining international attention for a costly plan that would slowthe massive destruction of its coastal wetlands.It is a 50-billion-dollarmeasure, thatwould be phased

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Venezuela to hold parliamentary elections this Sunday

02:57 Venezuela is holding parliamentary elections this Sunday (December 6th). Control of the National Assembly now dominated by the opposition and its leader Juan Guaido is at stake.M

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Excerpts from Chinese President Xi Jinping's APEC CEO keynote address

China will continue to open up its domestic market, push reforms and promote an innovation-driven growth model, Chinese President Xi Jinping said at an Asia-Pacific Eco

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TikTok to launch pre-IPO to become 80% owned by Bytedance: Statement

TikTok Global is planning to launch a pre-IPO in which Bytedance will retain an 80 percent stake in the company, Bytedance said in a statement on Monday."The board of directors of TikTok Global wi

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Macron tells Lebanon donor conference: 'we must act quickly'

World powers owe the Lebanese people support after a massive blast devastated the country’s capital, French President Emmanuel Macron said on Sunday.“We must act quickl

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Vista Equity Partners to invest $1.5B in Indian telecom giant Reliance Jio Platforms

Private equity firm Vista Equity Partners said on Friday it would invest $1.5 billion in Reliance Jio Platforms, days after Facebook and Silver Lake also made bets on the Indian telecom giant.The pl

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SoftBank, Alibaba to invest $445 mln in India's Paytm E-Commerce

SoftBankGroupisinvesting400millionUSdollarsinIndia’sPaytmE-Commerceinafundingroundthatwillvaluetheonlineretaileratroughly1.9billionUSdollars,aregulatoryfilingsh

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China's Geely becomes largest single shareholder of Daimler

ThefounderandchairmanofChina'sZhejiangGeelyHoldingGrouphasacquireda9.69percentstakeinGermancarmakerDaimlerAG,becomingthelargestshareholderofMercedes-Benz'sparen

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China's Geely chairman acquires 9.69% stake in Daimler

ThefounderandchairmanofChina'sZhejiangGeelyHoldingGrouphasacquireda9.69percentstakeinGermancarmakerDaimlerAG,becomingthelargestshareholderofMercedes-Benz'sparen

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China's Tencent plans retail push with Yonghui Superstores stake

ChinesetechgiantTencentHoldingsLtd.planstobuyafivepercentstakeinYonghuiSuperstoresCoLtd,thedepartmentstoreoperatorsaidonMonday,inthelatestpushbyChina’sInternetg

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China relaxes foreign investment caps on financial sector

ChinaonFridayunveiledplanstoliftandgraduallyphaseoutcapsonequityholdingsbyforeigninvestorsinthecountry’sfinancialsystem.Futuremeasureswillincludegrantingpermiss

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Warren Buffett's Berkshire Hathaway is setting its sight on a new target

BillionaireinvestorWarrenBuffettissettinghissightsonanewcompany.Theinvestmentfirmheruns,BerkshireHathaway,isintalkstobuyastakeinLatinAmericanreinsurerIRABrasilR

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Samsung Electronics says sold shares in four companies

Tech giant Samsung Electronics Co Ltd said on Sunday it sold shares in four companies including ASML Holding NV and Seagate Technology Plc to free up money for additional investments for its core businesses.

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Samsung's ownership transfer to speed up with IPO

Ownership transfer of Samsung Group, South Korea's largest conglomerate, is expected to speed up as plans to list its de facto holding company will help the heir apparent secure funds to take control of the group's affiliates.

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ABC's stake in insurance firm approved

The Agricultural Bank of China has got the regulatory nod to purchase a 51-percent stake in Jiahe Life Insurance Co. for 2.59 billion yuan (411.11 million U.S. dollars).