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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds ExxonMobil Corp, Sogefi and Zurich Insurance Group Feb 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2030 GMT on Friday: * * U.S. energy giant ExxonMobil Corp XOM.N is weighing offers for its oil and gas assets in Argentina's Vaca Muerta shale region, a source familiar with the plan said, adding there was no time frame for a decision and the sale may not move forward.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Alibaba, Hozon Auto Updates: Tod's Feb 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Friday: ** The founder of Italian luxury shoemaker Tod's TOD.MI said he had no plans to sell the company after taking it private via a deal with private equity firm L Catterton.
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India’s startups will no longer price perfection

RPT-BREAKINGVIEWS-India’s startups will no longer price perfection The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Nivedita Bhattacharjee BENGALURU, Feb 22 (Reuters Breakingviews) - They were once India's most highly valued startups. Now the crushed valuations of fintech company Paytm PAYT.NS and online educator Byju’s will weigh on the country's next wave of firms that will look to raise funds.
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India’s startups will no longer price perfection

RPT-BREAKINGVIEWS-India’s startups will no longer price perfection The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Nivedita Bhattacharjee BENGALURU, Feb 22 (Reuters Breakingviews) - They were once India's most highly valued startups. Now the crushed valuations of fintech company Paytm PAYT.NS and online educator Byju’s will weigh on the country's next wave of firms that will look to raise funds.
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India’s startups will no longer price perfection

BREAKINGVIEWS-India’s startups will no longer price perfection The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Nivedita Bhattacharjee BENGALURU, Feb 22 (Reuters Breakingviews) - They were once India's most highly valued startups. Now the crushed valuations of fintech company Paytm PAYT.NS and online educator Byju’s will weigh on the country's next wave of firms that will look to raise funds.
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With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

ANALYSIS-With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion Adds JD.com's share performance on Thursday in paragraph 3 By Casey Hall, Sophie Yu and Helen Reid BEIJING/LONDON, Feb 21 (Reuters) - If JD.com 9618.HK does acquire British electronics retailer Currys CURY.L , the Chinese ecommerce giant would get the store and warehouse network it needs to expand rapidly in the UK and Europe at a bargain-basement price.
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With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

RPT-ANALYSIS-With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion Repeats story from late Wednesday with no changes to text By Casey Hall, Sophie Yu and Helen Reid BEIJING/LONDON, Feb 21 (Reuters) - If JD.com 9618.HK does acquire British electronics retailer Currys CURY.L , the Chinese ecommerce giant JD.com 9618.HK would get the store and warehouse network it needs to expand rapidly in the UK and Europe, at a bargain-basement price.
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Alibaba is the ultimate contrarian China bet

RPT-BREAKINGVIEWS-Alibaba is the ultimate contrarian China bet The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Robyn Mak HONG KONG, Feb 21 (Reuters Breakingviews) - “If you invest with us,” Jack Ma wrote in his inaugural letter to shareholders in 2014, “you will be embarking on a journey with Alibaba.” A decade on, the invitation from the Chinese e-commerce group’s co-founder and former chairman reads more like a warning.
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With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion

ANALYSIS-With Currys buyout, China's JD.com could get hungered short-cut to Europe expansion By Casey Hall, Sophie Yu and Helen Reid BEIJING/LONDON, Feb 21 (Reuters) - If JD.com 9618.HK does acquire British electronics retailer Currys CURY.L , the Chinese ecommerce giant JD.com 9618.HK would get the store and warehouse network it needs to expand rapidly in the UK and Europe, at a bargain-basement price.
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Rise of fast-fashion Shein, Temu roils global air cargo industry

FOCUS-Rise of fast-fashion Shein, Temu roils global air cargo industry By Arriana McLymore, Casey Hall and Lisa Barrington NEW YORK/SHANGHAI, Feb 21 (Reuters) - The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers with rapid transit times, more than ten industry sources said.
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Alibaba is the ultimate contrarian China bet

BREAKINGVIEWS-Alibaba is the ultimate contrarian China bet The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Robyn Mak HONG KONG, Feb 21 (Reuters Breakingviews) - “If you invest with us,” Jack Ma wrote in his inaugural letter to shareholders in 2014, “you will be embarking on a journey with Alibaba.” A decade on, the invitation from the Chinese e-commerce group’s co-founder and former chairman reads more like a warning.
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Burry's Scion bets on Warner Brother Discovery, restaurant firms - filings

Burry's Scion bets on Warner Brother Discovery, restaurant firms - filings By David Randall NEW YORK, Feb 14 (Reuters) - Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 U.S. housing market crash, picked up shares of Warner Brothers Discovery WBD.O in the fourth quarter of 2023 while closing out a put option position on semiconductor stocks , securities filings released on Wednesday showed.
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Tiger Global Management Dissolves Share Stake In Alibaba, Ups In TSMC

BRIEF-Tiger Global Management Dissolves Share Stake In Alibaba, Ups In TSMC Feb 14 (Reuters) - Tiger Global Management LLC: TIGER GLOBAL MANAGEMENT LLC DISSOLVES SHARE STAKE IN ALIBABA GROUP - SEC FILING TIGER GLOBAL MANAGEMENT LLC RAISES SHARE STAKE IN TAIWAN SEMICONDUCTOR MANUFACTURING BY 47.7% TO 3.04 MILLION SPONSORED ADS TIGER GLOBAL MANAGEMEN
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Build-A-Bear, maker of Warren Buffett's Squishmallows face off in court

Build-A-Bear, maker of Warren Buffett's Squishmallows face off in court By Jonathan Stempel NEW YORK, Feb 12 (Reuters) - Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned BRKa.N maker of the popular Squishmallows plush toys, sued Build-A-Bear Workshop BBW.N on Monday, calling its new Skoosherz plush toy line "knockoffs" that infringed its intellectual property rights.
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L’Oréal is best-equipped to navigate China risk

BREAKINGVIEWS-L’Oréal is best-equipped to navigate China risk The author is a Reuters Breakingviews columnist. The opinions expressed are their own. LONDON, Feb 9 (Reuters Breakingviews) - L’Oréal OREP.PA has good foundations to resist the Chinese market’s weakness. The 230 billion euro French cosmetics company said on Feb. 8 that year-on-year sales in the last quarter of 2023 rose 2.8%.
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Dai-ichi’s win brings Japan’s M&A hopes to life

BREAKINGVIEWS-Dai-ichi’s win brings Japan’s M&A hopes to life The author is a Reuters Breakingviews columnist. The opinions expressed are their own. SINGAPORE, Feb 9 (Reuters Breakingviews) - Turning unsolicited offers into friendly recommended deals could become the norm in Japan. Dai-ichi Life 8750.T on Thursday won a bidding war for Benefit One 2412.T , a healthcare platform.
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Alibaba extends decline as brokerages cut PT on Q3 revenue miss

BUZZ-Alibaba extends decline as brokerages cut PT on Q3 revenue miss ** U.S.-listed shares of Alibaba BABA.N down 3.4% at $71.1, eyeing a second day of declines after weak Q3 results ** At least four brokerages trim their PTs after BABA missed analysts' estimates for third-quarter revenue ** J.P.Morgan expects weak earnings growth to persist in the next few quarters as co tries to execute its new business strategy of focusing on core business and de-emphasizing/monetizing the non-core businesses
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Stocks stay strong, BOJ caution trips yen

GLOBAL MARKETS-Stocks stay strong, BOJ caution trips yen World stock at near 2-year highs on growth, support hopes Yen falls after Japan says rates won't jump Bond markets retreat as top central bankers urge patience Graphic: World FX rates http://tmsnrt.rs/2egbfVh By Marc Jones LONDON, Feb 8 (Reuters) - High-flying stocks were cruising on Thursday as China's recent slew of support measures, and reassurances that Japan's interest rates will not shoot up, kept the bulls in charge following the la
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Adyen takes gradual route to regaining tech crown

BREAKINGVIEWS-Adyen takes gradual route to regaining tech crown The author is a Reuters Breakingviews columnist. The opinions expressed are their own. LONDON, Feb 8 (Reuters Breakingviews) - Adyen ADYEN.AS is slowly recovering its poise. The $48 billion Dutch payment company on Thursday reported 22% growth in net revenue to 1.6 billion euros in 2023, with a 46% EBITDA margin.
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Alibaba makes an unconvincing case for value

RPT-BREAKINGVIEWS-Alibaba makes an unconvincing case for value The author is a Reuters Breakingviews columnist. The opinions expressed are their own. HONG KONG, Feb 8 (Reuters Breakingviews) - Is Alibaba 9988.HK a value stock or a trap? Revenue at the Chinese company's core e-commerce business grew a dismal 2% year-on-year in the December quarter and its plans to list its logistics and retail units have stalled on the back of a broader selloff in Chinese equities.
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