ALLCE

Microsoft to buy 4% stake in London Stock Exchange

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Microsoft to buy 4% stake in London Stock Exchange

Dec 12 (Reuters) – Microsoft (MSFT.O) is to take a 4% equity stake in London Stock Exchange Group (LSEG.L) as part of a 10-year commercial deal to migrate the exchange operator’s data platform into the cloud, the British company said on Monday. It is the latest sign of deepening ties between financial services providers and … Read more

China’s Xi calls for oil trade in yuan at Gulf summit in Riyadh

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China’s Xi calls for oil trade in yuan at Gulf summit in Riyadh

Xi says summit with Gulf, Arab League is ‘milestone’ U.S. wary of growing Chinese influence in Arab world Arabs defy U.S. pressure to limit China ties, cut off Russia Summits showcase Saudi Crown Prince Mohammed as key leader RIYADH, Dec 9 (Reuters) – President Xi Jinping told Gulf Arab leaders on Friday that China would … Read more

Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

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Westinghouse to be sold in $7.9-bln deal as interest in nuclear power grows

Oct 11 (Reuters) – Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. The deal for one of the most storied names in the American power industry at an equity value of … Read more

Honda Motor, LG Energy to build $4.4 bln U.S. EV battery plant

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Honda Motor, LG Energy to build $4.4 bln U.S. EV battery plant

TOKYO/WASHINGTON, Aug 29 (Reuters) – Japan’s Honda Motor Co (7267.T) will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd (373220.KS), the two companies said on Monday. Battery makers are looking to increase production in the U.S. where a shift toward … Read more