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Goldman-backed ReNew plugs into U.S. public market with $8 billion blank check deal

ReNew Power will go public through an $8 billion merger with a blank-check firm in the biggest deal in the fast-growing clean energy sector in India, allowing the country’s largest

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Facebook to invest $1 billion in news industry after Australia row

Facebook Inc on Wednesday pledged to invest at least $1 billion in the news industry over the next three years, days after a high-profile stand-off with the Australian government over

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Milan prosecutors order food delivery groups to hire riders, pay 733 million euros in fines

Milan prosecutors said on Wednesday they had ordered four major food delivery companies to officially hire more than 60,000 workers and pay a total of 733 million euros ($889 million)

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UK will resist ‘dubious’ EU pressure on banks, says BoE’s Bailey

Britain will resist “very firmly” any European Union attempts to arm-twist banks into shifting trillions of euros in derivatives clearing from Britain to the bloc after Brexit, Bank of England

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Ark ups bet on Tesla despite suffering largest one-day outflow on record

The largest outflow on record for Cathie Wood’s ARK fund was not enough to stop the firm from increasing its bet on Tesla Inc after the electric carmaker’s stock closed

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Baker Hughes, AXA Group, 16 others quit Nord Stream 2 pipeline

Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document

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Head of German accounting watchdog to step down in wake of Wirecard

The head of Germany’s accounting watchdog, under fire for failing to spot wrongdoing ahead of the collapse of the payments company Wirecard, is stepping down. The agency, formally known as

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