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Coronavirus: US unemployment claims hit 33.3 million amid virus

2020-05-07 15:26:36| BBC News | Business | UK Edition

Data shows more than 15% of the US workforce is now claiming unemployment benefit.

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USDA prepares to spend $470 million on food

2020-05-07 15:02:00| Beef

Specific purchase amounts are determined by industry requests, market analysis and food bank needs; delivery will begin in July.

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Intel confirms acquisition of Moovit for USD 900 million

2020-05-05 08:43:00| Telecompaper Headlines

(Telecompaper) Intel has confirmed the acquisition of mobility applications developer Moovit for USD 900 million, or USD 840 million net of Intel Capital's profit on its initial stake. Moovit is expected to add to Intel's ADAS business Mobileye and its plan to become a complete mobility provider. 

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Shell to Divest Appalachia Shale Position in $541 Million Deal

2020-05-04 23:00:00| OGI

The divestiture is part of Shells strategy to focus on the development of light tight oil assets, Shell Upstream Director Wael Sawan says.

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Saipem Scores Baltic Pipe Deal worth $350 Million

2020-05-04 19:24:53| OGI

Saipem has been awarded a contract by Gaz-System SA for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea.

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