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FCA Relieves Supplier Magneti Marelli for $ 6.5 Billion

Photo: AP Images Fiat Chrysler Automobiles announced Thursday that the Italian supplier parts supplier Magneti Marelli to the Japanese CK Holdings, even the parent company of competitive automotive supplier Calsonic Kansei. According to Automotive News Magneti Marelli and Calsonic Kansei are nearly equal in terms of annual sales of $ 9.2 billion and $ 9.1 billion, respectively. CEO Beda Bolzenius …

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The financial crisis relieves the big bank deals. That ended Thursday

"This will be a meaningful measure of regulatory comfort in bank mergers," said Isaac Boltansky, political research director at Compass Point, an investment bank. For the largest banks, Mr. Boltansky said, "I feel there is still regulatory reluctance." The deal would bring the combined bank's assets above the $ 250 billion threshold, according to the Dodd-Frank Act Mandates were obtained …

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Saudi Public Prosecutor Relieves Crown Prince in Murder of Khashoggi

Riyadh (AFP) – Saudi Arabia on Thursday demanded the death sentence for five people accused of murdering journalist Jamal Khashoggi at the Istanbul Consulate, but released the Crown Prince from all guilt. Khashoggi, contributor to the Washington Post and critic of Crown Prince Mohammed bin Salman, "was injected with a large amount of a drug, resulting in an overdose that …

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SoftBank Chief relieves hard posture on sprint

29th April 2018 4:53 ET TOKYO-Just five months ago, Softbank Group Corp. 9984 4.08% Chief Masayoshi son He said it was "the key" for him to keep a mobile operator in the US sprint Corp. S 8.33% in his empire and he would "really regret" it in 10 years if he ever lost control. Now, Mr. Son seems to be …

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