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Investors relieved BHP walked from $49 billion Anglo takeover deal

By Melanie Burton and Scott Murdoch SYDNEY (Reuters) -BHP Group investors welcomed the top global miner’s decision to walk away from a $49 billion plan to take over Anglo American.

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Amazon adds Grubhub food delivery to its website, app in the US

(Refiles to fix syntax in paragraph 7) (Reuters) -Amazon.com on Thursday said its customers in the U.S. can now order from Grubhub directly on its shopping app and the website,.

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How China’s EV makers aim to beat Tesla, legacy automakers in Europe

By Nick Carey and Giulio Piovaccari LONDON (Reuters) – Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they’ll have.

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Exclusive-Nokia to supply 5G radio equipment to Portugal’s MEO, sources say

By Abhinav Parmar and Supantha Mukherjee (Reuters) – Nokia (HE:NOKIA) is set to win a contract to supply 5G radio equipment to Portuguese telecoms operator MEO, according to an internal.

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Russia to build Central Asia’s first nuclear power plant in Uzbekistan

TASHKENT (Reuters) -Russia will build a small nuclear power plant in Uzbekistan, the first such project in post-Soviet Central Asia, Uzbek President Shavkat Mirziyoyev said on Monday at a meeting.

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Modi’s return will power India’s defence, infra stocks, Motilal Oswal’s Agrawal says

By Bharath Rajeswaran BENGALURU (Reuters) – Indian Prime Minister Narendra Modi returning to power for a rare third consecutive term will boost shares of defence, infrastructure, railway and capital goods.

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Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say

By Fanny Potkin SINGAPORE (Reuters) – Nvidia (NASDAQ:NVDA)’s most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing it.

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Tesla slashes Model Y production in Shanghai, data shows

SHANGHAI (Reuters) – Tesla (NASDAQ:TSLA) has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March, according to industry data.

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Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales

(This May 23 story has been corrected to say SU7, not SUV7, in the penultimate paragraph; and three models, not four, in the final paragraph) By Liam Mo and Casey.

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Shah Capital ends campaign against Novavax board after Sanofi deal

(Reuters) – Hedge fund Shah Capital said on Monday it would withdraw its campaign against the re-election of three directors on Novavax (NASDAQ:NVAX)’s board, after the COVID-19 vaccine maker struck a licensing.

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