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Carlyle, India’s Premji Invest eye stake in auto loan firm TVS Credit -sources

By M. Sriram MUMBAI(Reuters) – Private equity firm Carlyle and Indian billionaire Azim Premji’s investment unit are in separate talks to invest about $150 million in TVS Credit Services, an arm of scooter and motorcycle maker TVS Motors, two sources told Reuters. The winner of the race to bet on India’s fast-growing shadow-banking sector could …

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Brazil postpones new rules for opening meal voucher market

BRASILIA (Reuters) – Brazil’s government has dealt a setback to new entrants hoping to capture a larger share of the concentrated meal voucher market by delaying regulations for its long-awaited opening by one year. The move marks a blow to companies looking to benefit from a law passed in September 2022 that allows workers to …

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Italy wary of raising taxes on web firms, fearing U.S. reaction

ROME (Reuters) – Italy must be cautious about taxing web companies more heavily as it risks retaliation from the United States, Deputy Economy Minister Maurizio Leo said on Tuesday. A tax on digital companies including U.S. tech giants has been effective since 2020 and is worth some 300 million euros ($329 million) per year. Under …

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Zambia’s GDP forecast to grow 4.2% in 2023 -finance ministry

By Chris Mfula LUSAKA (Reuters) – Zambia’s economy is projected to expand 4.2% in 2023, Secretary to the Treasury Felix Nkulukusa said on Tuesday, with growth dipping compared to last year as the southern African country battles to wrap up a long-delayed debt restructuring. Preliminary data indicated that the economy grew by 4.7% in 2022, …

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Fisker partners with Ample for electric SUVs with swappable batteries

(Reuters) – Electric vehicle maker Fisker Inc said on Tuesday it would start delivering its sports utility vehicle Ocean with swappable batteries made by Ample by the start of next year. The partnership with the battery startup will help Fisker increase scale and adoption of its EVs in the United States and Europe, the electric …

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Germany air taxi firm Lilium plans to raise $250 million, shares jump

(Reuters) – Germany’s Lilium NV said on Tuesday it would raise up to $250 million, including from its largest shareholder Tencent Holdings, to fund the development of its eVTOL (electric vertical take-off and landing) jet. Lilium’s U.S.-listed shares surged 43.24% to $0.55 in premarket trading after the air taxi developer said the funds will enable …

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El Kremlin dice que el suministro de armas aumenta la implicación alemana en la guerra de Ucrania

MOSCÚ (Reuters) – El Kremlin dijo el martes que la implicación de Alemania en el conflicto de Ucrania crecía día a día y que Berlín no tenía forma de garantizar que las armas que había proporcionado a Ucrania no se utilizarían contra territorio ruso. El portavoz del Kremlin, Dmitri Peskov, dijo que las armas suministradas …

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Factbox-Tech firms, Wall Street lead job cuts in Corporate America

(Reuters) – U.S. companies from Amazon.com Inc and Walt Disney Co to Wall Street heavyweights Goldman Sachs Group and Morgan Stanley are slashing thousands of jobs as they look to rein in costs in anticipation of an economic downturn. Some companies such as Amazon and Meta Platforms have announced a second round of layoffs as …

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Jared Leto wears giant ‘Choupette’ costume to Met Gala

By Ben Kellerman NEW YORK (Reuters) – An enormous fluffy, white, blue-eyed Burmese cat mascot ascended the Metropolitan Museum of Art steps on Monday in homage to Karl Lagerfeld’s beloved pet “Choupette,” who later revealed himself as actor Jared Leto, bringing a whole new meaning to this year’s Met Gala dress code “in honor of …

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El Super Bowl atrajo una audiencia récord este año, según datos revisados

(Reuters) – El Super Bowl de este año fue el partido de campeonato de la Liga Nacional de Fútbol Americano (NFL) más visto de la historia, mostraron el martes los datos actualizados de Nielsen, ya que 115,1 millones de personas vieron a los Kansas City Chiefs remontar y vencer a los Philadelphia Eagles en el …

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