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Day: August 31, 2024

Silicon Valley Bank’s Chinese partner buys out stake in joint venture
Business

Silicon Valley Bank’s Chinese partner buys out stake in joint venture

August 31, 2024January 28, 2025

BEIJING (Reuters) – Silicon Valley Bank’s Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its

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Top News

Salvage of stricken oil tanker in Red Sea expected soon, sources say

August 31, 2024January 28, 2025

By Renee Maltezou and Yannis Souliotis ATHENS (Reuters) -A salvage operation to recover a Greek-registered oil tanker stranded ablaze in the Red Sea after an

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Ford to recall 90,736 vehicles over engine valve issue, US regulators say
Business

Ford to recall 90,736 vehicles over engine valve issue, US regulators say

August 31, 2024January 28, 2025

(Reuters) – Ford will recall 90,736 vehicles as engine intake valves in the vehicles may break while driving, the National Highway Traffic Safety Administration (NHTSA)

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Billionaire Buffett again sells BofA shares worth about $845 million
Business

Billionaire Buffett again sells BofA shares worth about $845 million

August 31, 2024January 28, 2025

(Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway has once again cut its stake in Bank of America with a share sale worth roughly $845 million,

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