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German Minister Calls for Increasing Fees on Chinese Cars

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15 Hrs
German Minister Calls for Increasing Fees on Chinese Cars

Total Energies forecasts profit increase in second quarter driven by rising oil and gas prices

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22 Hrs
Total Energies forecasts profit increase in second quarter driven by rising oil and gas prices

Tahir: Asian Economies' Recovery Depends on the Speed of Oil Price Decline

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
22 Hrs
Tahir: Asian Economies' Recovery Depends on the Speed of Oil Price Decline

Head of State appoints Ahmed Sultan Al-Shaibi as Deputy Minister of Higher Education and Scientific Research

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22 Hrs
Head of State appoints Ahmed Sultan Al-Shaibi as Deputy Minister of Higher Education and Scientific Research

China’s Restrictions on Rare Earth Elements Threaten $6.5 Trillion in Global Markets

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23 Hrs
China’s Restrictions on Rare Earth Elements Threaten $6.5 Trillion in Global Markets
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Uber approves acquisition of Delivery Hero at €41.5 per share

Uber approves acquisition of Delivery Hero at €41.5 per share

Uber Technologies announced its intention to acquire German food delivery company Delivery Hero for €41.50 per share, in a deal aimed at strengthening its competitive position outside the United States. This move comes amid a global wave of mergers and acquisitions in the food delivery sector, amidst slowing growth and increasing competition, with European companies like Durdash and Pyrusos engaging in similar deals. Uber is seeking to expand its international presence, particularly in markets where its European division of Durdash excels, following a strategic review of Delivery Hero due to pressure from shareholders to sell assets and improve financial performance.

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