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05/06/2025
Federal Reserve Governor Powell: It is impossible to predict in advance how the Federal Open Market Committee will adjust interest rates.
Latest
2 m ago
China Payment and Clearing Association releases two new rules to regulate payment outsourcing service behavior.
3 m ago
After the Energy Information Administration reported that natural gas inventories increased more than expected in the United States, natural gas futures extended their decline, falling 2.0%.
3 m ago
The parent company of Kleenex, Kimberly-Clark, announced the establishment of a joint venture valued at $3 billion to spin off its international business for Kleenex and other tissue products outside the United States, and majority ownership will be sold to Brazilian pulp manufacturer Suzano. Suzano will invest $1.7 billion to acquire a 51% stake in the division, while Kimberly-Clark will hold a 49% stake in the joint venture. The new company will have over 40 regional brands in international household and professional care business, including Kleenex and Scott, among five global brands that will be licensed to the new company under a long-term agreement.
3 m ago
Kimberly-Clark splits its international business of Huggies and other paper tissue products outside the United States.
5 m ago
Chengdu Expressway (01785): Chengdu-Wenjiang-Qionglai Expressway Company and Xinjiang Beixin Road and Bridge Group signed a contract for the construction of the TJ6 section.
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