Month: August 2023

Amazon in talks to become anchor investor in Arm ahead of IPO 

Reuters was first to report that Amazon.com is in talks to join other technology companies as a cornerstone investor in SoftBank Group Corp’s Arm Ltd ahead of its initial public offering (IPO). Amazon’s potential involvement in the IPO, which had not previously been reported, underscores Arm’s significance in cloud computing. The post Amazon in talks […]
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Cyanide maker Draslovka screens banks for IPO

Reuters exclusively revealed that Draslovka, the world’s largest producer of sodium cyanide, has been sounding out banks to manage a possible stock market listing as early as next year. The post Cyanide maker Draslovka screens banks for IPO appeared first on Reuters News Agency.
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China asks some banks to reduce or delay dollar buying to ease pressure on yuan

Reuters exclusively reported that China’s currency regulators have asked commercial banks to delay or reduce their dollar purchases as authorities try to contain yuan weakness. The scoop is the latest report on central bank measures in currency markets and prompted an immediate response from authorities, with China’s State Administration of Foreign Exchange (SAFE) issuing a comprehensive […]
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Sigma Lithium CEO says in talks with potential buyers

Reuters exclusively reported that Sigma Lithium (SGML.V) is working with Bank of America (BAC.N) to coordinate talks with parties interested in acquiring it, the chief executive of the miner, which produces the metal used to make electric vehicle batteries.  The post Sigma Lithium CEO says in talks with potential buyers appeared first on Reuters News […]
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