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...But a person familiar with the companies confirmed the stockpiling was related to US export controls on China and sanctions on Russia....
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...Brussels has raided the offices of a Chinese security equipment supplier, deploying new powers on tackling foreign subsidies in a move that will further inflame tensions between the trading superpowers....
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...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
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...Chipmaking equipment manufacturer ASML has been forced to curb some exports to China after the Dutch government partially revoked its export licence, the company said on Monday....
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...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...Big share prices moves in Europe today include British consumer goods company Reckitt, Paris-based Gucci owner Kering and Dutch maker of water processing equipment for semiconductor manufacturers ASM International...
...P&G reported net sales of $21.9bn in the three months ended September 30, a 6 per cent increase from a year earlier and beating analysts’ expectations for $21.6bn....
...The Dutch chipmaking equipment provider has issued what could have been a concerning set of quarterly results. Sales of €5.3bn came in at the midpoint of company guidance....
...Speciality finance lending looks a promising new seam for private credit companies to mine....
...The company’s first-quarter net sales fell to €5.3bn, down from €6.7bn in the same period a year earlier and €7.2bn in the fourth quarter....
...“Any potential buyer will now be in pole position in the knowledge that M&G are looking to offload over £500mn of property assets into a market that is not exactly buoyant at the moment,” Hughes said....
...Almost a century ago, the Municipal and General Securities Company set up the UK’s first unit trust. At the time, it was a groundbreaker. Now, M&G is a middling financial services company....
...The company separately confirmed the claim was filed by M&G. M&G Real Estate declined to comment on Tuesday....
...a senior executive at cyber company Zscaler, as president and chief operating officer to help lead the company toward an eventual initial public offering.Headquartered in New York and led by Israeli founders...
...Policymakers are keen to reverse the long-standing practice of countries purchasing US-made equipment....
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