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Allianz withdraws $1.63 billion bid for Income Insurance stake

The German financial services giant Allianz (ETR:ALVG) has withdrawn its proposal to acquire a 51% stake in Income Insurance, a Singapore-based insurer….

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Stock

Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…

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Stock

P&G agrees to disclose more on wood-pulp supplier audits

Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…

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Stock

Trump transition team proposes EV policy rollback

The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…

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Investing

USD/MXN forecast ahead of Fed and Banxico rate decisions

The USD/MXN exchange rate has moved sideways in the past few weeks as traders eye the upcoming Federal Reserve and Banxico interest…

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Investing

USD/RUB: Is it a good carry trade pair as BoR and Fed diverge?

The Russian ruble has remained under pressure this year as the impact of sanctions and a stronger US dollar continued. The USD/RUB…

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Investing

USD/TRY surged to a record high: will it make it a comeback?

The USD/TRY exchange rate has had another difficult year as actions of Turkey’s central bank failed to reboot the currency. The pair…

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Investing

Bitcoin price prediction: The long-term bullish case for BTC

Bitcoin price has held steady in the past few months, and is holding near a record high as demand remains high. The…

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Latest News

Trump announces more nominations, including Devin Nunes, Troy Edgar and Bill White

President-elect Trump nominated a few more candidates Saturday to serve in various positions during his second term. Truth Social CEO Devin Nunes…

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Latest News

Trump taps Richard Grenell as presidential envoy for special missions, Edward S. Walsh as Ireland ambassador

President-elect Trump named a couple of key first-term allies to roles in his second administration, including Richard Grenell. Grenell was the incoming…

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