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China’s ZTE shakes up board in bid for U.S. ban lift

China’s ZTE shakes up board in bid for U.S. ban lift

SHENZHEN, China/HONG KONG (Reuters) – Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer toward getting a devastating American supplier ban lifted. FILE PHOTO: The logo of China’s ZTE Corp is seen at the [...]

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Qualcomm extends NXP tender offer yet again

Qualcomm extends NXP tender offer yet again

(Reuters) – U.S. chipmaker Qualcomm Inc (QCOM.O) on Friday extended the tender offer for its proposed $44 billion deal to buy NXP Semiconductors NV (NXPI.O) for the 29th time as it awaits clearance from the Chinese government. FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. [...]

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Bitcoin skids below $6,000, hits lowest level since November

Bitcoin skids below $6,000, hits lowest level since November

LONDON (Reuters) – Bitcoin’s value slid to its lowest level since November on Friday, as waning investor interest and recent negative headlines from global regulators weakened demand for the cryptocurrency and most of its rivals. FILE PHOTO: A bitcoin logo is seen at a facility of the Youth and Sports Ministry in Caracas, Venezuela February [...]

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