Cs news

Asset manager Amundi eases China bets, eyes safer plays on valuation concerns

Asset manager Amundi eases China bets, eyes safer plays on valuation concerns

French asset manager Amundi has largely cashed out of China’s September equity rally, reallocating more of its holdings to dividend stocks amid lingering doubts about the country’s economic outlook. The European firm, which manages €2.3 trillion (US$2.7 trillion) in assets, had trimmed positions in “overvalued” Chinese stocks while selectively increasing exposure to onshore shares over…

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What we learned from Wednesday's Champions League matches - Premier League

What we learned from Wednesday’s Champions League matches – Premier League

What We Learned from Wednesday’s Champions League Matches: Key Takeaways from Premier League Teams On Wednesday, October 25, 2023, the UEFA Champions League delivered thrilling moments as several Premier League teams took to the pitch in crucial matches. Chelsea, Manchester City, and Arsenal faced formidable European opponents, leaving fans and analysts eager to dissect the…

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5 years since making its robotaxi debut on U.S. streets, Waymo is still working out the issues with its driverless vehicles

5 years since making its robotaxi debut on U.S. streets, Waymo is still working out the issues with its driverless vehicles

An autonomous self-driving Waymo was caught on tape Monday in the Atlanta, Georgia, area, blowing past a school bus that had stopped with its red lights flashing, a move that would have landed a human driver a $1,000 ticket.  Altanta police have not issued a citation in the case and told CBS News they currently…

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IPO Backed By Former Texas Governor, Energy Secretary Mints Three Billionaires

IPO Backed By Former Texas Governor, Energy Secretary Mints Three Billionaires

Toby Neugebauer, chief executive officer of Fermi Inc., before ringing the closing bell during the company’s Oct. 1 IPO. Victor J. Blue/Bloomberg Plenty of billionaires have been created by the artificial intelligence and data center booms—and now, the real estate underneath the data centers is generating ten-figure fortunes, too. At least three new billionaires joined…

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