Ownership changes

FILE - In this June 15, 2015, file photo, a Saudi man walks through the Tadawul stock exchange in Riyadh, Saudi Arabia. Saudi Arabia's National Commercial Bank said Sunday, Oct. 11, 2020, it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what would become the kingdom's largest bank. (AP Photo/Hasan Jamali, File)
October 11, 2020 - 11:25 am
DUBAI, United Arab Emirates (AP) — Saudi Arabia's National Commercial Bank said Sunday it will purchase rival lender Samba Financial Group in a deal valued at $14.8 billion, creating what would become the kingdom's largest bank. The bank will control some $223 billion in assets and a market...
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October 09, 2020 - 12:55 pm
BERLIN (AP) — The German government said Friday it has halted the planned purchase of next-generation assault rifles for the military, following claims that the chosen supplier may have breached a rival's patent. Germany's Defense Ministry said in a statement that it “obtained verifiable...
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October 09, 2020 - 7:32 am
LONDON (AP) — The London Stock Exchange Group has agreed to sell its holding in the parent company of the Italian stock exchange to rival Euronext for at least 4.33 billion euros ($5.11 billion). The LSE said Friday that it began talks to sell Borsa Italiana Group because of expectations that...
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FILE - This file combination of 2019-2020 photos shows Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Google CEO Sundar Pichai and Facebook CEO Mark Zuckerberg. In a report issued Tuesday, Oct. 6, 2020, Democratic lawmakers called for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to sever their dominant platforms from their other lines of business and imposing new uniformity on the terms they offer users. (AP Photo/Pablo Martinez Monsivais, Evan Vucci, Jeff Chiu, Jens Meyer, File)
October 06, 2020 - 8:12 pm
WASHINGTON (AP) — Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to break up their businesses, while making it harder for them to acquire others and imposing new rules to safeguard competition. The proposals in a report issued...
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FILE - In this Tuesday July 17, 2007 filer, shoppers enter the Asda supermarket in Wallington, England. Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of gas stations and food shops in a deal that values the company at 6.8 billion pounds ($8.8 billion). Brothers Mohsin and Zuber Issa, along with investors TDR Capital will acquire a majority of Asda, while Walmart will retain a minority stake and a seat of the board, the parties said in a joint statement issued Friday. Details of the deal weren’t released. (AP Photo/Tom Hevezi, File)
October 02, 2020 - 9:41 am
LONDON (AP) — Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of gas stations and food shops in a deal that values the company at 6.8 billion pounds ($8.8 billion). Brothers Mohsin and Zuber Issa, along with investors...
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September 22, 2020 - 12:50 pm
BERLIN (AP) — Ten cities around the world on Tuesday joined New York and London in committing to divest from fossil fuel companies as part of efforts to combat climate change. Berlin, Cape Town, Los Angeles, New Orleans, Oslo and others pledged to take “all possible steps to divest city assets from...
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Tel Aviv City Hall is lit up with the words for peace in Hebrew, Arabic and English in honor of the recognition agreements Israel will be signing with the United Arab Emirates and Bahrain at the White House, in Tel Aviv, Israel, Tuesday, Sept. 15, 2020. (AP Photo/Oded Balilty)
September 16, 2020 - 4:42 am
DUBAI, United Arab Emirates (AP) — Dubai-based port operator DP World said Wednesday it would partner with an Israeli firm in a bid to take over the country's Haifa port, the largest shipping hub for the nation. DP World said in a statement it signed memorandums of understanding with DoverTower, a...
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September 15, 2020 - 5:14 pm
Kraft Heinz said Tuesday that it is selling its natural cheese business — including its Cracker Barrel and Breakstone’s brands — to French dairy company Lactalis Group as part of a larger restructuring. The $3.2 billion sale includes Kraft Heinz production facilities in Tulare, California; Walton,...
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FILE - This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. TikTok's owner has chosen Oracle over Microsoft as its preferred suitor to buy the popular video-sharing app, according to a source familiar with the deal, Sunday, Sept. 13, 2020. (AP Photo/File)
September 14, 2020 - 12:52 pm
Oracle said Monday that the Chinese owner of TikTok has picked the U.S. company to be its “trusted technology provider," beating out rival Microsoft in a deal that could help keep the popular video-sharing app running in the U.S. Oracle spokeswoman Deborah Hellinger said she was confirming remarks...
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FILE - In this Tuesday, May 30, 2017 file photo, Nvidia CEO Jensen Huang delivers a speech about AI and gaming during the Computex Taipei exhibition at the world trade center in Taipei, Taiwan. Computer graphics chip company Nvidia said it plans to buy Britain's Arm Holdings for $40 billion, in a merger of two leading chipmakers. Santa Clara, California-based Nvidia and Arm's parent company, Japanese technology giant SoftBank, announced the deal Sunday, Sept. 13, 2020. (AP Photo/Chiang Ying-ying, File)
September 14, 2020 - 12:12 pm
LONDON (AP) — U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to $40 billion, in a move that would create a global powerhouse in the industry. The deal, announced late Sunday by Nvidia and Arm’s parent company, Japanese technology giant SoftBank,...
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