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Ermotti hands $1.5 billion buyback baton to Hamers after UBS profit blowout
October 27, 2020October 21, 2020 extraordinaryeventzcom

Ermotti hands $1.5 billion buyback baton to Hamers after UBS profit blowout

Business

UBS UBSG.S doubled third quarter profit and set aside $2.5 billion to return to shareholders next year, a lucrative passing of the baton from CEO

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Huawei’s involvement in 5G telecoms networks around the world
October 26, 2020October 21, 2020 extraordinaryeventzcom

Huawei’s involvement in 5G telecoms networks around the world

Business

Swedish regulators on Tuesday banned the use of telecom equipment from China’s Huawei and ZTE 000063.SZ in its 5G network ahead of the spectrum auction

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Daimler chief eyes China growth as trade tensions rise
October 25, 2020October 21, 2020 extraordinaryeventzcom

Daimler chief eyes China growth as trade tensions rise

Business

Daimler’s Chief Executive said China will remain Mercedes-Benz’s biggest growth market in the next decade and the German carmaker will adjust production locations to capture

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Impossible Foods launches in Asian grocery stores as it aims to move into China
October 24, 2020October 21, 2020 extraordinaryeventzcom

Impossible Foods launches in Asian grocery stores as it aims to move into China

Business

Impossible Foods’ faux beef burgers will be sold in grocery stores in Hong Kong and Singapore starting Tuesday, the company said as it vies to

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Bulls are back in the Nasdaq and options are aflutter
October 23, 2020October 21, 2020 extraordinaryeventzcom

Bulls are back in the Nasdaq and options are aflutter

Business

Investors are once again chasing upside in shares of tech companies after a sharp sell-off in U.S. equities last month. Despite last week’s market dip,

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South Korea’s SK Hynix to buy Intel’s NAND business for $9 billion
October 22, 2020October 21, 2020 extraordinaryeventzcom

South Korea’s SK Hynix to buy Intel’s NAND business for $9 billion

Business

Intel Corp INTC.O has agreed to sell its NAND memory chip business to SK Hynix Inc 000660.KS for $9 billion in an all-cash deal that

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After America First, some investors bet on a Biden boost abroad
October 21, 2020 extraordinaryeventzcom

After America First, some investors bet on a Biden boost abroad

Business

After four years of America First, some money managers outside the United States looking for big post-election investment winners are quietly confident it is the

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