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News for nerds

General Electric, L3Harris among suitors vying for Aerojet

Industrial conglomerate General Electric Co (GE.N) and defense contractor L3Harris Technologies Inc (LHX.N) are among those competing to acquire rocket maker Aerojet Rocketdyne Holdings Inc (AJRD.N), according to people familiar

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France’s Atos picks AWS as preferred partner for shift to cloud

French IT consulting firm Atos (ATOS.PA) is making Amazon.com’s (AMZN.O) cloud services division its preferred partner for migrating its clients’ workloads to the cloud, it said on Wednesday. The enhanced

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GM’s Cruise plans to enter ‘a large number of markets’ in 2023

Cruise, General Motors Co’s (GM.N) robotaxi unit, plans to enter a “large number of markets” and scale operations up to “thousands of vehicles” in 2023, Chief Operating Officer Gil West

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BlackRock backs banks, cuts European, EM debt as part of ‘new playbook’

Asset manager BlackRock has said 2023 will require a new investment playbook, backing banks and energy sectors to do well, while slapping ‘underweights’ on longer-term European government bonds and emerging

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Coterra Energy to pay $16.29 mln for Pennsylvania water contamination plea

U.S. shale producer Coterra Energy (CTRA.N) pleaded no contest for contaminating well water in Dimock, Pennsylvania, and will pay $16.29 million to construct a new means of water supply to

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Honda to develop advanced level 3 self-driving technology by 2029

Honda (7267.T) said it would develop technology enabling its level 3 self-driving capability to function at any speed below legal limits on highways by the second half of the 2020s

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Amazon records biggest ever Thanksgiving shopping weekend

Amazon.com Inc (AMZN.O) said on Wednesday it recorded its biggest ever Thanksgiving weekend this year as shoppers, undeterred by inflation, scooped up everything from New Balance sneakers to Nintendo Switch

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