Funding & Business
Baidu Shares Surge as Analyst Upgrades on In-House Chip Venture
Baidu Inc. shares jumped by the most in over two years after an analyst upgraded the Chinese internet firm, citing the growth potential for its in-house chip business.
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Qatar’s $524 billion sovereign wealth fund is nearing a deal to buy a minority stake in Canada’s Ivanhoe Mines Ltd., according to people familiar with the matter.
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Anna Edwards, Guy Johnson, Valerie Tytel and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
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Del Monte Group is considering raising as much as $800 million in equity to pare debt, according to people with knowledge of the matter.
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