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Air Products, VPI Ink Joint Development Deal For "Humber Hydrogen Hub"
Industrial gases company Air Products (APD) announced Wednesday the signing of a joint development agreement to drive forward the "Humber Hydrogen Hub" or "H3", which seeks to develop a flagship 800MW low-carbon hydrogen production facility in Immingham, UK.
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CMA Probes Amazon Over Suspected Anti-competitive Practices
The Competition and Markets Authority (CMA) said Wednesday it is investigating Amazon.com (AMZN) over concerns that practices affecting sellers on its UK Marketplace may be anti-competitive and could result in a worse deal for customers.
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Malaysia Central Bank Hikes Rate Again By 25 Bps
Malaysia's central bank raised its key interest rate by a quarter-point for the second straight meeting on Wednesday and signaled a gradual tightening going forward.
The Monetary Policy Committee of Bank Negara Malaysia decided to increase the benchmark Overnight Policy Rate by 25 basis points to 2.25 percent.
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Comscore Promoted CFO Jon Carpenter To Succeed Bill Livek As CEO
Comscore, Inc. (SCOR) announced Wednesday that Jon Carpenter, who has served as the company's chief financial officer since November 2021, has been appointed by Comscore's board of directors as chief executive officer, effective today.
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JinkoSolar Board Approves Repurchase Of Up To $200 Mln ADSs
Chinese solar module manufacturer JinkoSolar Holding Co., Ltd. (JKS) announced Wednesday that its board of directors has approved a share repurchase program, which authorizes the Company to repurchase up to $200 million of its ordinary shares represented by American depositary shares (ADSs) during an 18-month period.
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Sensex, Nifty Rally After Oil Price Crash
Indian shares rose sharply on Wednesday and the rupee held steady in the afternoon after oil prices crashed more than 8 percent overnight, helping ease investor worries surrounding high inflation and interest-rate hikes.
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European Shares Rebound As Strike In Norway Ends
European stocks rebounded on Wednesday and natural gas prices fell sharply, as an end to strike by Norwegian oil and gas workers eased worries of energy supply crunch.
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FTSE 100 Gains With Focus On Politics
U.K. stocks rebounded on Wednesday and the pound fell against the dollar as Prime Minister Boris Johnson faces the fight for his political life, following the resignations of two key ministers.
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CAC 40 Rebounds As Norway Strike Called Off
French stocks advanced on Wednesday and natural gas prices fell sharply, as an end to strike by Norwegian oil and gas workers eased worries of energy supply crunch.
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DAX Rebounds On Strong Industrial Orders Data
German stocks rebounded on Wednesday after data showed the country's factory orders unexpectedly expanded in May underpinned by the rise in demand from the non-euro area countries.
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Asian Shares Mostly Lower On Recession Fears
Asian stocks ended broadly lower on Wednesday as recession worries took center stage and investors awaited an update from the FOMC meeting minutes due later in the day.
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Japanese Yen Advances Amid Rising Risk Aversion
The Japanese yen strengthened against its major counterparts in the Asian session on Wednesday, amid rising risk aversion as worries about a recession intensified.
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German Factory Orders Unexpectedly Rise In May
Germany's factory orders unexpectedly expanded in May underpinned by the rise in demand from the non-euro area countries, data from Destatis showed on Wednesday. New orders grew 0.1 percent month-on-month in May, in contrast to the revised 1.8 percent decline in April and the expected fall of 0.6 percent.
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