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Ingka Group unveils a €1 billion investment plan targeting recycling companies, aiming to enhance waste management and sustainability in the retail sector.
U.K. inflation unexpectedly eased in December, sparking speculation about interest rate cuts, as reported by the Office for National Statistics.
LADWP's bonds face downgrades from S&P Global Ratings due to increasing wildfire risks and financial vulnerabilities.
Microsoft's strategic $80 billion AI investment by 2025 positions it to lead in cloud and AI sectors, anticipating significant software spending growth and transformative advancements.
Meta Platforms Inc. announces a 5% workforce reduction through performance-based layoffs to boost efficiency and strengthen its core business.
OpenAI unveils task scheduling for ChatGPT, enhancing its digital assistant capabilities and competing with Siri, Alexa, and Google Assistant.
Minerals 260 acquires Bullabulling gold project from Zijin Mining for A$166.5 million, marking a substantial move in the gold sector, backed by strategic development and high gold prices.
Ma'aden announces a strategic $1.31 billion investment in Brazil, focusing on geological mapping and sustainable mining to diversify under Vision 2030.
Asante Gold's feasibility study extends Bibiani mine life by seven years, focusing on underground reserves for substantial gold output and economic benefits.
Pfizer plans to cut its stake in Haleon by selling 700 million shares, reducing its ownership to 7.3%, in a strategic shift towards core pharmaceutical operations.
Global energy firms express interest in Germany's plan to divest its stake in Uniper, amidst significant strategic and financial implications.
Zetwerk Pvt, a key player in India's manufacturing sector, plans a $500 million IPO with support from major banks, enhancing its market position.
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