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Business
PropertyGuru axes 174 staff members, closes 3 company devices
They are SendHelper, information and software application remedies, and PropertyGuru Financing.
Intel to market 51% risk in its chip service for $4.46 b
The arrangement worths Altera at $8.75 billion, a lot less than Intel’s $17 billion in 2015.
GXS gets Validus’ Singapore system in company financial press
The bargain will certainly allow the snatched electronic financial institutions to supply brief- and medium-term capital lendings, one exec stated.
Alibaba redeems $1.3 b in shares, concentrates on core company
Alibaba bought 119 million shares in simply 3 months, showing its hostile buyback method.
Interest rate hike is imminent, Japan's new business index hits new low
This is the longest recession since data collection began in 2000.
Vehicle EV manufacturer Nikola to auction organization with $1b financial debt
If a purchaser is not discovered, Nikola will certainly offer the possessions independently, including its Coolidge, Arizona factory.
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