Tag: EUROPE

Victory and Defeat Are Hard to Define in Ukraine

(Bloomberg Opinion) – One of the most striking things about the Russo-Ukrainian war of 2022 is the variety of outcomes that both sides could declare as a victory – and the scarcity of outcomes that can last. What will determine the success of any declaration is its intended audience. What matters in the real world,…

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Oil Steadies After Four-Day Surge as US Product Markets Run Hot

Track the latest oil prices here. .

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Holcim Sells India Arm to Billionaire Adani in $ 10 Billion Deal

The Swiss company will sell its 63.1% stake in Mumbai-listed Ambuja Cements Ltd. to Adani Group in a deal valuing the business at nearly $ 10 billion, according to a statement Sunday. Adani will inherit Ambuja’s controlling stake in another publicly traded cement producer, ACC Ltd., and buy Holcim’s direct 4.5% holding in the unit,…

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UAE’s Etisalat Pays $ 4.4 Billion for Nearly 10% of Vodafone

Etisalat offered about £ 130 ($ 159 dollars) a share, according to Bloomberg calculations. That’s a premium of about 10% to Vodafone’s £ 117.82 closing price Friday. The purchase makes Etisalat Vodafone’s largest shareholder, ahead of BlackRock Inc., the Vanguard Group Inc., and HSBC Holdings Plc, according to Bloomberg data. .

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Boots Suitors Get More Time to Bid for £ 7 Billion Pharmacy Chain

The company plans to allow suitors a few extra days to firm up their bids, the people said, asking not to be identified because the information is private. Walgreens had initially requested binding offers by May 16 for the business, which includes the Boots chain in the UK, but is now expected to receive proposals…

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Apple Testing iPhones That Ditch Lightning Ports in Favor of USB-C

Apple is planning to retain the Lightning connector for this year’s new models. .

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