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SIA Engineering Shares Gain on Recovering Profit, Sales - Vimarsana News

SIA Engineering Shares Gain on Recovering Profit, Sales

By Ben Otto SIA Engineering shares rose early Friday after quarterly sales and profit jumped on the back of returning air travel, even as the company flagged...

Nio to Cut Jobs, Investment in Face of Rising Competition - Vimarsana News

Nio to Cut Jobs, Investment in Face of Rising Competition

By Ben Otto Chinese electric-vehicle maker Nio will reduce positions this month and cut or defer some investment, moves aimed at boosting the upstart company's viability as it contends with...

Singapore Imposes Penalties on DBS for Service Outages - Vimarsana News

Singapore Imposes Penalties on DBS for Service Outages

By Ben Otto The Monetary Authority of Singapore won't allow DBS Bank to acquire new business ventures for six months, one of several penalties imposed for...

AstraZeneca to Invest $245 Million in Deal With Cellectis - Vimarsana News

AstraZeneca to Invest $245 Million in Deal With Cellectis

By Ben Otto British drugmaker AstraZeneca plans to invest $245 million in a deal with biotechnology company Cellectis to develop next-generation therapeutics...

IFF to Sell Cosmetics Ingredients Unit to Clariant for $810M - Vimarsana News

IFF to Sell Cosmetics Ingredients Unit to Clariant for $810M

By Ben Otto Swiss chemicals company Clariant AG will buy a cosmetic ingredients unit of International Flavors & Fragrances Inc. for $810 million. New...