Mattoo Rani 1007 posts

Swiss justice has opened a criminal investigation into the state-backed takeover of banking group Credit Suisse by UBS Group, reports the British business newspaper Financial Times. According to a report, the prosecutor in Bern is…
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The Chinese tech group Huawei has seen profits plummet by almost 70 percent in 2022. The US sanctions against the company cause a sharp drop. As a result, Huawei has seen a large sales market for its mobile phones disappear. The…
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Google removed or blocked more than 5.2 billion ads last year because they violated the rules of the tech company. For example, they advertised a dangerous product or secretly tried to spread a virus. It amounts to 9,000 deletions per…
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Chinese tech and e-commerce group Alibaba plans to split its operations into six main divisions: e-commerce, media, and the cloud. Each component could have its stock exchange listing in the long term. For example, the activities…
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The loan of 400 million euros that the Italian government provided to the airline Alitalia in 2019 is illegal state aid, the European Commission has ruled. Italy must recover the money plus interest from the company. In May 2017,…
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The Chinese internet and game company Tencent has seen turnover grow slightly again in the fourth quarter after two-quarters of contraction in a row. However, over the entire year, the Chinese market leader in games and social media did see…
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