Boeing CEO Dave Calhoun is set to meet with U.S. senators this week to address concerns regarding the grounding of the 737 MAX 9 aircraft. This meeting comes as United Airlines, a
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Australia’s Lynas Rare Earths (LYC.AX) reported a significant drop in revenue for the second quarter, failing to meet analysts’ expectations. This decline was primarily attributed to a sharp fall in rare earth
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Spain’s telecommunications giant, Telefonica (TEF.MC), announced on Monday that it has successfully increased its ownership stake in its German subsidiary, Telefonica Deutschland (O2Dn.DE), to a significant 93.1%. This achievement comes as a
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French bank Credit Agricole announced on Monday that it has acquired a 7% stake in Worldline, a move aimed at strengthening the payments group following a significant drop in its share price
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The British Ministry of Defence has announced a substantial £405 million ($514 million) investment to enhance the Sea Viper Air Defence system. This system, currently employed by the Royal Navy, plays a
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Mercedes-Benz (MBGn.DE) has announced its openness to selling its dealerships and workshops located in Germany. The renowned carmaker expressed its intention to establish its Group-owned retail branches in a more independent manner
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The U.S. Food and Drug Administration (FDA) has issued a significant warning regarding Amgen’s drug Prolia, used to treat bone loss, due to an increased risk of severely low calcium levels in
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Amazon’s recent $1.4 billion acquisition attempt of iRobot, a renowned robot vacuum manufacturer, faces a significant obstacle as EU antitrust regulators intensify their scrutiny of major tech deals. Three individuals familiar with
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Elon Musk recently refuted claims made in a Bloomberg article stating that his artificial intelligence (AI) firm, xAI, had secured $500 million from investors towards a $1 billion funding goal. Responding to
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The U.S. dollar experienced a slight decline on Friday, taking a breather after five consecutive sessions of gains but still on track for a weekly increase. Recent economic data and comments from
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