Category: Business
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Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.
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Green-Energy Firms’ Pitch to Trump: You’re Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.
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Advertisers Keep Avoiding News Sites, and Publishers Have Had Enough of It
Brands are skittish about appearing near stories on politics and violence, but news outlets say their fears are overblown.
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Boeing Adds More Surprise Quality Checks in Its Factories
The jet manufacturer outlines more than a dozen steps it has taken in recent months to address concerns about production issues.
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Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.
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Turo, the Car-Share App Used in Two Attacks, Is No Stranger to Safety Concerns
After rented vehicles rammed into a crowd in New Orleans and exploded in Las Vegas, some users say a reckoning of the firm’s practices is overdue.
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Basic Materials Roundup: Market Talk
Find insight on metal prices, BASF, Merdeka and more in the latest Market Talks covering Basic Materials.
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Tesla’s Global Vehicle Deliveries Fell in 2024 for the First Time in Years
A surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results.
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Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.
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Basic Materials Roundup: Market Talk
Find insight on Royal Gold, Newmont and more in the latest Market Talks covering Basic Materials.