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Naspers to shed Multichoice; Showmax flexes muscles to fight off Netflix
South African media giant Naspers is all set to spin off Multichoice – the biggest pay-TV service in...
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Audi debuts e-tron electric SUV, defying Tesla Model X
Luxury carmaker Audi has finally launched the production version of the most-anticipated all-electric “e-tron quattro SUV”. The company...
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Earnings Preview: Will Darden’s Q1 à la carte please investors?
Darden Restaurants Inc. (DRI) is just two days shy of releasing its first-quarter results before the market opens....
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General Mills Q1 earnings beat; stock falls on sales miss
Earnings of consumer food company General Mills (GIS) declined in the first quarter, but to a lower extent...
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What is happening in the IPO market?
The IPO market is abuzz as usual, with many companies inching closer to public listing, while a few...
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Coca-Cola may soon roll out marijuana-based drinks
It seems cannabis is taking the beverages industry by storm, with more alcohol and soft drink companies shifting...
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Oracle stock falls on weak cloud business; earnings top estimates
Oracle’s (ORCL) strong earnings growth in the first quarter failed to amuse investors Monday when the company’s below-consensus...
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Higher Q1 deliveries likely to lift FedEx stock
FedEx (FDX) is going to announce the results a day ahead of the original schedule. The company is...
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PC market bracing for a season without Intel ‘inside’
The functioning of the technology companies, especially in the consumer electronics sector, is so closely interlinked that each...
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Nio stock turns upward after IPO failure
Tesla’s (TSLA) rival Nio Inc. (NIO) has set its foot in the US and the company’s shares have...
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Elon Musk’s lunar dream spreads wings with first passenger sign-up
Taking a break from the controversies surrounding the operations of Tesla (TSLA), CEO Elon Musk has come up...
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Volkswagen to kill Beetle next year
The American unit of German carmaker Volkswagen has decided to stop the global production of its iconic Beetle...