Tencent/JD: $16bn stake sale signals state push for crossholdings unwind
Christmas has arrived early for Tencent shareholders. The Chinese social media giant will pay a $16.4bn dividend in the stock ...
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Tencent divests $16bn of JD.com in first move to unwind portfolio
Tencent is distributing $16bn of shares in ecommerce group JD.com to shareholders, in the tech group’s first big move to ...
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Bank loyalty costs savers £1.6bn a year in missed interest
Bank loyalty costs savers £1.6bn a year in missed interest with most believing rates are too low to bother switchingInvestment ...
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Hut Group in £1.6bn tie-up with Japanese conglomerate Softbank
Hut Group in £1.6bn tie-up with Softbank: Japanese firm to become top shareholder and use e-commerce techBy Daily Mail City ...
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Microsoft nears deal to buy voice tech pioneer Nuance for $16bn
Microsoft is nearing a deal to buy voice recognition pioneer Nuance Communications that would value the artificial intelligence company at ...
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Sunak’s plans to cut £16bn from public spending will cause ‘real additional pain’
In a Budget which saw the chancellor turn “from Santa to Scrooge”, Paul Johnson said Mr Sunak added £4bn of ...
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Trump made $1.6bn while president, report says
Having reviewed the former president’s financial disclosures, the group claims that while Mr Trump took credit for donating his official ...
Read moreDeparting Glencore chief reinstates $1.6bn dividend despite $1.9bn loss | Glencore
Mining veteran Ivan Glasenberg delivered his final financial results as chief executive of Glencore by reinstating a dividend of $1.6bn ...
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