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July 16, 2019
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Symantec ends talks to sell to Broadcom over price: sources

Reuters
(Reuters) – Cybersecurity company Symantec Corp (SYMC.O) has walked away from negotiations to sell itself to chipmaker Broadcom Inc (AVGO.O) over price disagreements, people familiar
Reuters - Business

China’s Xiaomi continues chip strategy revamp with investment in semiconductor designer

Reuters
SHANGHAI (Reuters) – China’s Xiaomi Corp (1810.HK) has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone
Reuters - Business

Exclusive: Pentagon races to track U.S. rare earths output amid China trade dispute

Reuters
(Reuters) – The Pentagon is rapidly assessing the United States’ rare earths capability in a race to secure stable supply of the specialized material amid
Reuters - Business

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain

Reuters
(Reuters) – WPP (WPP.L) is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4
Reuters - Business

Thomas Cook enlists China’s Fosun to salvage oldest travel firm

Reuters
HONG KONG/LONDON (Reuters) – Thomas Cook (TCG.L) is negotiating a 750 million pound ($941 million) rescue that will give Fosun Tourism (1992.HK), its biggest investor,
Reuters - Business

Thomas Cook turns to China’s Fosun to save oldest travel firm

Reuters
HONG KONG/LONDON (Reuters) – Thomas Cook (TCG.L) is in talks on a 750 million pound ($941 million) bailout that will give its largest investor Fosun
Reuters - Business

A Ford-Volkswagen alliance with Argo could redraw self-driving sector

Reuters
DETROIT (Reuters) – An expanded alliance between Ford Motor Co and Volkswagen AG (VOWG_p.DE) that includes a partnership in Ford self-driving unit Argo AI could
Reuters - Business

Elliott outspends rivals as corporate activism turns to Germany

Reuters
FRANKFURT/BOSTON (Reuters) – Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been
Reuters - Business

European startups navigate long, winding road to self-driving future

Reuters
OXFORD, England (Reuters) – Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a handful of European startups are
Reuters - Business

Richard Branson’s Virgin Galactic to go public by year-end

Reuters
(Reuters) – British billionaire Richard Branson’s Virgin Galactic plans a stock market listing by the end of the year, giving it the much-needed funds to
Reuters - Business

Exclusive: Germany’s Bayer seeks animal health merger with Elanco – sources

Reuters
FRANKFURT/LONDON (Reuters) – Bayer (BAYGn.DE) has approached U.S. drug firm Elanco Animal Health (ELAN.N) to discuss a possible combination of their pet-health businesses to create
Reuters - Business

Nexon founder scraps what could have been $16 billion gaming deal: sources

Reuters
SEOUL (Reuters) – Nexon Co (3659.T) founder Jungju Kim has abandoned plans to sell a controlling stake in its parent NXC, two sources with direct
Reuters - Business

Exclusive: Greensill issued false statement on bonds sold by metals tycoon Gupta

Reuters
(Reuters) – Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement
Reuters - Business

Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise

Reuters
(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a
Reuters - Business

Exclusive: U.S. panel clears SoftBank’s $2.25 billion investment in GM’s Cruise

Reuters
(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a
Reuters - Business

UK competition regulator puts brake on Amazon’s Deliveroo deal

Reuters
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while it considers launching a full
Reuters - Business

UK competition regulator puts brake on Amazon’s Deliveroo investment

Reuters
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) investment in online food delivery group Deliveroo while it considers launching a full
Reuters - Business

William Hill to close British betting shops, cut jobs after curbs

Reuters
(Reuters) – William Hill (WMH.L) plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum
Reuters - Business

Illycaffe chairman says open to partnership to expand cafe network

Reuters
MILAN (Reuters) – Italian premium coffee maker illycaffe is open to a strategic partnership to help accelerate the growth of its retail network and could
Reuters - Business

William Hill to shut 700 British betting shops after curbs

Reuters
(Reuters) – William Hill (WMH.L) plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum

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