Month: November 2023

Amazon to win unconditional EU nod for iRobot deal 

Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a few companies and big players leveraging their dominance […]
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India’s Jindal Power will not bid to take over airline Go First 

Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer to liquidation. The deadline to submit takeover bids ends on […]
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German court ruling could hit growth next year 

Reuters exclusively reported that a German court ruling that forced Berlin to freeze 60 billion euros ($65 billion) in planned green investment spending could have a negative impact on growth in Europe’s biggest economy.  The post German court ruling could hit growth next year  appeared first on Reuters News Agency.
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Nvidia delays launch of new China-focused AI chip

Reuters was first to report that Nvidia (NVDA.O) has told customers in China it is delaying the launch of a new artificial intelligence chip it designed to comply with U.S. export rules until the first quarter of next year.   The post Nvidia delays launch of new China-focused AI chip appeared first on Reuters News Agency.
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