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The announcement of the agreement was made on the sidelines of the visit of the French President Emmanuel Macron to Saudi Arabia. Eng. Walid Abukhaled, CEO of SAMI, and Bruno Even, Member of the Airbus Group Executive Committee signed the agreement for the formation of the joint venture. The transaction is subject to closing conditions, including antitrust clearances from the relevant competition authorities.

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The stock market investors across the United States have now absorbed some facts about the market over the past week, that it’s tedious to time your next move in the Dow Jones Industrial Average amid a substantial sell off.

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it was reported that the US Federal Trade Comission (FTC) is suing to block the acquisition of British chip technology provider, Arm, by the U.S. chip company, Nvidia in a deal worth more than USD 40 billion on fairly obvious competition grounds.

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The stay-at-home stocks that received the most benefits from COVID-19 and the unintended lockdowns, such as Etsy, Zoom, DocuSign and DoorDash registered their worst performances this week.

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A pre-eminent investor Bill Ackman has stated that the new omicron variant of COVID-19 virus may end-up providing a boost to the U.S. stocks if the symptoms don’t go severe. Although it may appear too early to access definitive data, the studies thus far are suggesting a lower to mild symptoms (reduced severity) but is more transmissible.

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On 30th November, Colombia's financial regulator announced that the Colombian, Chilean and Peruvian stock exchanges have approved a merger into a regional holding company. The merger will create Latin America’s second largest bourse. The holding company is awaiting approval from the each country's regulator and will be based in Chile.

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The Federal Reserve Chair Jerome Powell stated on Tuesday that the central bank may end up stepping to remove its efforts in boosting the economy as it starts battling rising inflationary pressures. In his appearance before a committee, the Fed chair stated that reducing the momentum of purchasing monthly bonds may move much more rapidly than the USD 15 billion-a-month schedule which was announced this month.

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Nvidia stock recorded a jump over 5% in its extended trading when the company reported its earnings for the third fiscal quarter beating the expectations for both earnings and revenue.

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The transition of the company to an import only terminal will result in lose of 240 jobs out of company’s 310 jobs at the site. However, a company spokeswoman said that some of the displaced workers will be kept on for up to two years

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Some of the most anticipated tech IPOs for 2021 comprising Rivian, Roblox and Affirm plummeted across the market on Monday, which was followed by a decline of about 1% in the tech-heavy Nasdaq.

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Kaisa, a Chinese real estate developer, announced that the company is planning on paying its investors back, for temporarily avoiding concerns regarding a default as the Chinese real estate sector is witnessing immense pressure.

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The G-7 B3W initiative is focused at narrowing the USD 40 trillion across infrastructure investment that the developing countries may require by 2035 and offers an alternative to the problematic lending done by China.

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On 9th November, Aduro Clean Energy announced that it has entered into discussions with Switch Energy to develop a framework whereby the two companies can work together to design, build, install, and operate a pilot plant to process waste polyethylene and other types of waste plastics, such as polypropylene.

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Biotech Acquisition Company, a publically traded special purpose acquisition company affiliated with SPRIM Global Investments, and Blade Therapeutics announced that they have entered a definitive merger agreement. Blade Therapeutics is a biopharmaceutical company located in South San Francisco, California.

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The central bank of Singapore and numerous financial regulators have issued a warning on Tuesday stating sharp speculative corrections and upcoming risks for a majority of the retail investors who have their money invested in cryptocurrencies.

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The LCA methodology can provide quantitative data in a format that permits comparisons to be made. The certification of LCA data generation systems is a foundational step to ensuring the accuracy and reliability of future LCA analyses.