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Latest Articles in Companies Markets

US Says Google Breakup May Be Needed To End Violations Of Antitrust Law

The European Union fined Google $1.7 billion in 2019 for stopping websites from using Google's rivals to find advertisers, $2.6 billion in 2017 for favoring its own shopping business in search, and $4.9 billion in 2018 for blocking rivals on its wireless Android operating system.

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AMC To Raise Fresh Capital As Liquidity Troubles Deepen

AMC's move to raise fresh capital comes after ratings agency S&P said earlier this month that the company had just six months of cash reserves.

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Amazon Extends Work From Home Option Till June

The development comes less than three weeks after the world's largest online retailer said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year.

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Gold Prices Gain On Weaker Dollar, US Stimulus Hopes

Gold is considered a hedge against inflation and currency debasement amid the unprecedented levels of global stimulus to ease the economic blow from the pandemic.

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Global Markets: Asian Stocks Gain On US Stimulus Hope, Yuan Surges

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.56%. Australian stocks edged up by 0.1%, while shares in China rose 0.07%. Tokyo shares gained 0.4%.

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Retail Inflation Eases Marginally For Farm, Rural Workers In September

Point-to-point rate of inflation based on CPI-AL and CPI-RL decreased to 6.25 per cent and 6.10 per cent in September from 6.32 per cent and 6.28 per cent, respectively in August

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China's New Home Prices Grow At Slowest Rate Since 2016 On Tighter Rules

China's home prices are expected to rise 4.8% this year, a Reuters survey showed in late September, at a slower pace than last year, as Beijing shifts to deleverage the sector.

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European Recover After Shaky Start; Caution Reigns Before US Elections

MSCI's main European Index was up 0.4% and Europe's STOXX 600 was up 0.2, after initially falling as fears about the economic impact of lockdown restrictions outweighed some strong earnings.

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Shriram Transport Finance Raises Rs 100 Cr Via NCDs

The issue size was Rs 100 crore, and the tenure of the bonds is 560 days (18 months and 13 days).

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NHPC Designates Rajendra Prasad Goyal As CFO

Prior to taking over charge as Director (Finance), he was working as Chief General Manager (Finance)

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Netflix Turns To Telecoms Tie-Ups In Challenging African Markets

The online content streaming giant, which has 193 million subscribers globally, is keen to expand in Africa and is seeking ways to overcome challenges including slow and expensive internet and the lack of proper payments infrastructure in the 55-nation continent.

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P&G Raises Full-Year Profit, Sales Forecast

The company also raised and narrowed its fiscal 2021 core earnings per share forecast and expects it to be up 5% to 8%, compared with a prior forecast of a 3% to 7% increase.

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Nifty, Sensex End Higher On Slowing COVID-19 Cases, HDFC Bank Boost

The NSE Nifty 50 index closed up 0.2% at 11,896.8, while the S&P BSE Sensex ended 0.28% higher at 40,544.37.

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Swiss Gold Exports To Asia Tumble As Bullion Flows To London

Switzerland exported 1.5 tonnes of gold to China in September, with 2.4 tonnes exported to Hong Kong and 5 tonnes to India

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