LONDON Global stock markets hit record highs on Monday on expectations that a U.S. tax bill could soon pass, though a more cautious reading of the draft law's prospects among currency traders put the dollar under pressure.
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HO CHI MINH CITY A unit of Thai Beverage won the auction to buy a $5 billion or 54 percent stake in top brewer Sabeco in the country's biggest ever privatization process, an official from the Ho Chi Minh City Stock Exchange said on Monday.
FRANKFURT Vonovia , Germany's biggest residential property company, has agreed to buy Austrian counterpart Buwog in a cash deal valuing the latter at 5.2 billion euros ($6.12 billion), the two companies said on Monday.
U.S. EV battery company Solid Power said on Monday it had partnered with Germany's BMW AG to develop the next-generation solid-state battery technology for use in electric vehicles (EVs).
JERUSALEM Workers at Israel's Teva Pharmaceutical Industries protested pending job cuts for a second straight day on Monday, blocking roads and shutting down a number of the drugmaker's plants nationwide.
BRUSSELS EU state aid regulators will investigate whether Swedish furniture retailer Ikea's [IKEA.UL] tax arrangement with Dutch tax authorities helped cut its tax bill, the latest crackdown on unfair tax deals between multinationals and EU countries.
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