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PAG fields interest for Chinese industrial gases firm AirPower -sources

7 Dec 2021

By Julie Zhu and Kane Wu HONG KONG (Reuters) -Private equity firm PAG has held informal talks with a few suitors interested in AirPower Technologies, China’s largest independent producer of industrial gases, three people familiar with the situation told Reuters. Potential buyers include Macquarie Infrastructure and Real Assets (MIRA), one of the world’s largest infrastructure investors, …

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COVID curbs, supply problems darken German investor morale

7 Dec 2021

BERLIN (Reuters) -German investor sentiment deteriorated in December as a fourth wave of COVID-19 infections and persistent supply bottlenecks in manufacturing clouded the growth outlook for Europe’s largest economy, a survey showed on Tuesday. The ZEW economic research institute said its economic sentiment index fell to 29.9 from 31.7 points in November. A Reuters poll …

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Macau casinos to stop junkets at world’s biggest gambling hub – Bernstein

7 Dec 2021

By Eduardo Baptista HONG KONG (Reuters) – Macau’s gaming regulator has ordered junket operators in the world’s largest gambling hub to stop offering credit to customers, according to brokerage firm Bernstein. Macau’s Gaming Inspection and Co-ordination Bureau (DICJ) has ordered the operators, who bring big-spending clients from mainland China to VIP rooms in Macau casinos, …

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Thai central bank urges banks to refrain from trading digital assets

7 Dec 2021

BANGKOK (Reuters) – Thailand’s central bank on Tuesday said it does not want commercial banks to be directly involved in trading digital assets, citing the risks stemming from high price volatility. The remarks by Bank of Thailand (BOT) senior director Chayawadee Chai-Anant come as Thai lenders have been investing in local digital asset exchanges. This …

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BMW hits 1 million EV sales, targets 2 million fully electric sales by 2025

7 Dec 2021

BERLIN (Reuters) – BMW has sold its one millionth electric vehicle (EV) – including purely electric and hybrid vehicles – and plans to reach two million sales of purely electric vehicles by 2025, the German carmaker said on Tuesday. Around 70% of EVs sold so far were hybrids, board member Pieter Nota said in a …

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Exclusive: EU antitrust regulator seeks input on Microsoft’s $16 billion Nuance deal

7 Dec 2021

By Paresh Dave (Reuters) – EU’s antitrust regulator is taking a deeper look into Microsoft Corp’s $16 billion deal for transcription technology company Nuance Communications Inc, asking customers and competitors to draw up a list of concerns, according to a questionnaire from last month seen by Reuters. The previously unreported outreach is the most extensive …

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Euro zone banks complacent to rising risks: ECB’s Enria

7 Dec 2021

FRANKFURT (Reuters) -Euro zone banks face rising credit risk as pandemic-related public support measures are withdrawn and may be overly complacent about valuation risks in the hunt for yields, European Central Bank supervisor Andrea Enria said on Tuesday. Euro zone governments kept the euro zone economy afloat with lavish guarantees and subsidies, a big boost …

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Mixing Pfizer, AstraZ COVID-19 shots with Moderna gives better immune response – UK study

7 Dec 2021

By Pushkala Aripaka and Lucy Marks (Reuters) – A major British study into mixing COVID-19 vaccines has found that people had a better immune response when they received a first dose of AstraZeneca or Pfizer-BioNTech shots followed by Moderna nine weeks later, according to the results on Monday. “We found a really good immune response …

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