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| Bacardi in $5.1bn deal for tequila maker Patrón When George Clooney and his two partners sold their upscale Casamigos tequila to the UK-based drinks group Diageo six months ago, the $1bn valuation caused eyes to water. Now Bacardi has raised its own toast to the increasing popularity of the high-end tequila market. The world's largest privately ...
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| China invites Latin America to take part in One Belt, One Road China invited Latin American and Caribbean countries to join its "One Belt, One Road" initiative on Monday, as part of an agreement to deepen economic and political cooperation in a region where U.S. influence is historically strong. Chinese Foreign Minister Wang Yi said the region was a natural fit for ...
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| Netflix's Growth Is in the Eye of the Beholder Netflix doesn't share Uber's inclination to push boundaries, and it has a well-functioning business. But both companies are impressive growth machines that rely on outside funding to maintain the momentum. And in both cases, it's not clear what the real trajectory of the business would look like if access ...
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| Google and Facebook unveil big investments in France Google and Facebook on Monday unveiled significant investments in France in a vote of confidence for the country's thriving tech scene and President Emmanuel Macron's push to lure foreign investment. The search group plans to open a new artificial intelligence center in France within weeks, ...
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