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1 month ago | 
news.bloombergtax.com | Ben Otto |Norman Harsono
BMW has filed a lawsuit against BYD Motor Indonesia at a Jakarta court on Feb. 26, according to the court’s website.
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1 month ago | 
news.bloomberglaw.com | Ben Otto |Norman Harsono
BMW has filed a lawsuit against BYD Motor Indonesia at a Jakarta court on Feb. 26, according to the court’s website.
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1 month ago | 
news.bloombergtax.com | Ben Otto |Norman Harsono
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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1 month ago | 
bloomberg.com | Chandra G. Asmara |Ben Otto
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
ca.finance.yahoo.com | Chandra G. Asmara |Ben Otto
(Bloomberg) -- A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy in his effort to supercharge growth. • Sorry, Kids: Disney’s New York Headquarters Is for Grown-UpsPrabowo will launch the new body, Danantara, at 10 a.m. local time on Monday.
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Jul 26, 2024 | 
tradingview.com | Ben Otto
Australia Blocks Rio Tinto Unit From Uranium MineERARIOThe Australian government has blocked a unit of Rio Tinto from mining a vast uranium deposit in the country's remote north, effectively closing the door on a decadeslong dispute over the resource. The Northern Territory government said Friday that a lease for the Jabiluka deposits won't be renewed, coming after Energy Resources of Australia in March said it applied for a 10-year extension to its existing lease.
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May 20, 2024 | 
tradingview.com | Jiahui Huang |Ben Otto
Li Auto Profit Fell on Higher Operating Expenses — Update2015By Jiahui Huang and Ben OttoLi Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales. The Chinese hybrid-vehicle specialist said Monday that first-quarter net profit fell 36% from a year earlier to 592.6 million yuan ($82.0 million).
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May 16, 2024 | 
morningstar.com | Tracy Qu |Ben Otto
By Tracy Qu and Ben Otto Chinese search-engine giant Baidu reported a drop in quarterly profit but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business. The Beijing-based company said Thursday that net profit in the first quarter fell 6.5% from a year earlier to 5.45 billion yuan ($754.9 million), which topped the CNY4.11 billion expected by analysts in a FactSet poll.
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May 14, 2024 | 
tradingview.com | Tracy Qu |Ben Otto
Alibaba Quarterly Profit Sinks Despite Rise in Sales — UpdateBABAAlibaba Group's profit sank in the latest quarter, even as revenue growth picked up due to higher sales in its key e-commerce, cloud and logistics businesses. The Chinese company said Tuesday that net income in its fiscal fourth quarter ended March fell 86% from a year earlier to 3.27 billion yuan ($452.1 million), well short of expectations for CNY15.27 billion in a FactSet poll of analysts.
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May 13, 2024 | 
tradingview.com | Ben Otto
Uber to Acquire Delivery Hero's Foodpanda Business in Taiwan for $950 MillionUBERUber Technologies will acquire the Taiwan operations of Delivery Hero's foodpanda delivery business for $950 million in cash, with closing slated for the first half of 2025. Uber will also separately purchase $300 million in newly issued ordinary shares of Berlin-based Delivery Hero, the companies said late Monday.
