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U.S. government appeals order blocking TikTok ban from taking effect
November 20, 2020November 14, 2020 nmdasnet

U.S. government appeals order blocking TikTok ban from taking effect

Business

The U.S. Justice Department said it had appealed a Pennsylvania judge’s Oct. 30 order that blocked the government from imposing restrictions on Chinese-owned short video

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Russia’s Ozon targets $750 million in IPO as e-commerce booms
November 19, 2020November 14, 2020 nmdasnet

Russia’s Ozon targets $750 million in IPO as e-commerce booms

Business

Russian online retailer Ozon plans to raise about $750 million in an initial public offering (IPO) in the United States to help fund its expansion

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Instacart taps Goldman Sachs to lead IPO at $30 billion valuation
November 18, 2020November 14, 2020 nmdasnet

Instacart taps Goldman Sachs to lead IPO at $30 billion valuation

Business

Instacart has picked Goldman Sachs Group Inc GS.N to lead its initial public offering (IPO), which could come early next year and value the U.S.

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Healthcare group Sanofi invests 50 million euros in Jeito Capital
November 17, 2020November 14, 2020 nmdasnet

Healthcare group Sanofi invests 50 million euros in Jeito Capital

Business

French healthcare giant Sanofi has invested 50 million euros ($59 million) into Jeito Capital, an investment firm dedicated to biotech and biopharma, in a deal

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Group of 165 Google critics calls for swift EU antitrust action
November 16, 2020November 14, 2020 nmdasnet

Group of 165 Google critics calls for swift EU antitrust action

Business

A group of 165 companies and industry bodies have called on EU antitrust enforcers to take a tougher line against Google, saying the U.S. tech

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Daimler to revamp China plant to make Actros trucks as sales surge
November 15, 2020November 14, 2020 nmdasnet

Daimler to revamp China plant to make Actros trucks as sales surge

Business

Germany’s Daimler AG and its China commercial vehicle partner Beiqi Foton Motor Co plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros

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Chinese President Xi Jinping decided to halt Ant’s IPO: WSJ
November 14, 2020 nmdasnet

Chinese President Xi Jinping decided to halt Ant’s IPO: WSJ

Business

China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37-billion initial public offering, the Wall Street Journal reported on Thursday, citing

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