Tech stocks have seen a massive selloff this year, but it’s not all gloom and doom. Goldman Sachs names four favorites it says are set to outperform.
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Goldman says buy these tech stocks to beat the turbulence — and gives one 80% upside
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Oil giant BP to sell 65% stake in $10 billion Castrol unit
Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit. The deal comes as the company looks to launch a strategic reset, including a green strategy U-turn and the divestment of $20 billion of assets […]
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European markets poised for lackluster open ahead of shortened trading session
LONDON — European markets are expected to open in flat to negative territory as investors take stock of the volatile year during Christmas Eve’s shortened trading session. The U.K.’s FTSE 100 and Germany’s DAX were last seen edging below the flatline, while France’s CAC was 0.1% lower according to data from IG Group. The pan-European Stoxx […]
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Japan’s Sapporo Holdings to sell real estate business for $2.6 billion to KKR-led consortium: NHK
Cans of the Sapporo Black Label branded beer sit stacked at the Sapporo Breweries Ltd. factory in Eniwa, Hokkaido, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images Japan’s Sapporo Holdings is planning to sell its real estate business to a consortium led by private equity firm KKR for 400 billion yen ($2.6 billion), public broadcaster […]
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