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Starbucks China attracts bids valuing the coffee chain at up to $10 billion, sources say
Starbucks China attracts bids valuing the coffee chain at up to $10 billion, sources say

About 30 PE firms have submitted non-binding offers, valuing Starbucks between $5 billion and $10 billion, with bidding expected to settle around the top end of that range, sources said.

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Jul 09, 2025
Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown
Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown

Where investors could find upside if the economy softens in the next six months.

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Jul 09, 2025
It's time to take profits in this high-flying solar stock, says Goldman Sachs
It's time to take profits in this high-flying solar stock, says Goldman Sachs

Shares have surged more than 92% in 2025.

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Jul 09, 2025
Temasek's portfolio scales new peak even as divestments hit over 2-decade high
Temasek's portfolio scales new peak even as divestments hit over 2-decade high

The Singapore state investment firm's net portfolio value soared to 434 billion Singapore dollars ($324 billion) for its financial year ended March.

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Jul 09, 2025
Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push
Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push

Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.

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Jul 09, 2025
Robinhood CEO: Retail investors are using a simple strategy to outplay fund managers
Robinhood CEO: Retail investors are using a simple strategy to outplay fund managers

Robinhood's Tenev says retail investors are buying stocks "because they believe in them", compared to professionals driving markets on macroeconomic news.

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Jul 09, 2025
China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens
China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens

The deflation in producer prices came worse than the expected 3.2% drop in a Reuters poll, marking the biggest fall since July 2023, according to LSEG data.

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Jul 09, 2025
Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand
Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand

Super Micro CEO Charles Liang told CNBC the company has a plan to increase investment in Europe.

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Jul 09, 2025
Trump tariffs raise the specter of sharper economic downturn for South Korea and Japan
Trump tariffs raise the specter of sharper economic downturn for South Korea and Japan

While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.

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Jul 09, 2025
Apple says COO Jeff Williams will retire from company later this year
Apple says COO Jeff Williams will retire from company later this year

Apple said Jeff Williams, the company's COO, will take on a new role overseeing the company's design team along with the Apple Watch and health initiatives.

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Jul 08, 2025
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