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Tag Archives: billion

CEO of the parent company defends Gillette as a "great business" after # MeToo's campaign ends at a loss of $ 8 billion

G illette's parent defended the razor company after a loss of $ 8 billion, which Gillette's CEO credited as part of his #MeToo and Toxic Masculinity digital ad campaign. "Gillette is a great business," said David Taylor, CEO of Procter & Gamble, in an interview with Cincinnati Business Courier on Thursday. "We like it." P & G bought Gillette, the …

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Pentagon puts $ 10 billion contract on ice after Trump criticized Amazon

The Pentagon wants a single supplier for its JEDI cloud computing system, which stores key personnel and message data, while allowing it to better compete with China in the field of AI. The bidding selected four parties, including IBM and Oracle, but the Pentagon has only selected two suppliers: Microsoft and Amazon. Oracle tried to stay in the game by …

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Exclusive: Foxconn plans to sell $ 8.8 billion in China

TAIPEI (Reuters) – Taiwan's Foxconn is considering the sale of its new $ 8.8 billion scoreboard factory in China, Reuters told reporters, as demand for the product slipped intensified trade war between the US and China. FILE PHOTO: A motorcyclist passes the Taipei, Taiwan logo of Foxconn, the trade name of Hon Hai Precision Industry. REUTERS / Tyrone Siu / …

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China is urging the US to step back after Trump's threat of $ 300 billion

China's President Xi Jinping and US President Donald Trump will attend a Welcome Ceremony on November 9, 2017 in the Great Hall of the People in Beijing. Nicolas Asfouri | AFP | Getty Images China's foreign ministry has resisted Friday against President Donald Trump's recent tariff threat. According to reports, the world's largest economy should abandon its illusions, take responsibility …

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Exclusive: Foxconn plans to sell $ 8.8 billion in China

By Yimou Lee TAIPEI (Reuters) – Taiwan's Foxconn is testing the sale of its new $ 8.8 billion billboard factory in China. China trade war. Foxconn, formerly known as Hon Hai Precision Industry, is in talks to hire banks to find a buyer for its liquid crystal display (LCD) factory, which is being built in the southern Chinese city of …

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Exclusive: Foxconn plans to sell $ 8.8 billion in China

TAIPEI (Reuters) – Taiwan's Foxconn is considering the sale of its new $ 8.8 billion scoreboard factory in China, Reuters told reporters, as demand for the product slipped intensified trade war between the US and China. FILE PHOTO: A motorcyclist passes the Taipei, Taiwan logo of Foxconn, the trade name of Hon Hai Precision Industry. REUTERS / Tyrone Siu / …

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Following Trump's concern over Amazon's concerns, Secretary of Defense Mark Esper's Pentagon re-examines the $ 10 billion JEDI cloud contract process

Defense Secretary Mark Esper gestures as he listens to President Trump's speech during a ceremony for Esper on Sunday at the Pentagon. (Jonathan Ernst / Reuters) Aaron Gregg Reporter for the defense industry, commercial aviation and government enterprise. . 1 August at 17:43 The White House has instructed newly appointed Defense Secretary Mark T. Esper to re-examine the military's massive …

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London Stock Exchange buys $ 27 billion refinish

Refinancing shareholders will end up holding 37% of the London Stock Exchange. The all-share deal rates refinancing at $ 27 billion, including its debt. Sold less than a year after the news and information provider's purchase Thomson Reuters [ TRI ] sold a majority stake in Refinitiv to one of the private equity Group Blackstone led investor group. The London …

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Brexit: £ 2.1 billion additional for no-deal planning

Copyright PA The Government announced additional funding of £ 2.1 billion for the preparation of a zero-tax Brexit – a doubling of the amount earmarked for that year. Further border guards and modernization of transport infrastructure in ports are planned. There will also be more money to reduce traffic congestion in Kent and tackle queues caused by delays at the …

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