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Satellite imagery company Maxar to sell Canadian unit for CUS$1 billion

U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its Canadian space robotics business to a consortium led by Northern Private Capital (NPC) for CUS$1 billion (US$765 million), in a bid to ease its debt.

Markets

Higher EV demand drives Tesla-rival Nio’s quarterly sales beat, shares rise

Tesla-rival Nio Inc on Monday reported more deliveries in its third quarter than in second, sending its U.S.-listed shares up more than 12per cent in trading before the bell.

Markets

China’s Liu He to sign Phase 1 trade deal in US this week: Report

Chinese Vice Premier Liu He will visit Washington this week to sign a "Phase 1" trade deal with the United States, the South China Morning Post reported on Monday.

Markets

Wall Street set to open near record highs in holiday lull

U.S. stocks looked set to hold on to recent gains on the penultimate day of the decade, after improving global sentiment fueled a Wall Street rally and put the S&P 500 on course for its best year since 2013.

Markets

Huawei gets India nod to participate in 5G trials

The Indian government has allowed Chinese telecom company Huawei Technologies Co to participate in trials for 5G networks, a company spokesman said on Monday.

Markets

Brazil fines Facebook US$1.6 million for improper sharing of user data

Brazil's Ministry Of Justice said on Monday it has fined U.S. tech giant Facebook Inc 6.6 million-real (US$1.64 million) for improperly sharing user data.

Markets

‘Do not sell my info’: US retailers rush to comply with California’s new privacy law

U.S. retailers including Walmart Inc will add "Do Not Sell My Info" links to their websites and signage in stores starting Jan. 1, allowing California shoppers to understand for the first time what personal and other data the retailers collect, sources said.

Markets

Tesla-rival Nio posts higher third-quarter deliveries, shares rise

Tesla-rival Nio Inc on Monday reported more deliveries in its third quarter than in second, sending its U.S.-listed shares up more than 12per cent in trading before the bell.

Markets

US sanctions block hurry-up work on Russian gas pipeline: officials

Any companies that rush to finish building a Russian natural gas export pipeline to Germany that came under U.S. sanctions this month risk being penalized, senior U.S. officials said on Sunday.

Markets

MTN reviewing allegations after being named in US complaint

South African telecoms firm MTN on Monday said it was reviewing allegations raised in a U.S. complaint which accuses several firms of paying protection money to extremist groups in Afghanistan.

Markets

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