Category: goodwill
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Mobileye recognizes $2.7b goodwill loss
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Israeli company Advanced Driving Assistance Systems (ADAS). Mobily International Company (Nasdaq: MBLY) recognized a goodwill impairment loss of $2.7 billion in the third quarter of 2024. The company explained that this is a non-cash goodwill impairment loss related to goodwill assets on its balance sheet. “This asset, which is significant…
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After China drills, Taiwan president again extends goodwill By Reuters
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TAIPEI (Reuters) – Taiwan President Lai Ching-te once again showed goodwill toward China and offered cooperation on Sunday after two days of Chinese war games near the island, saying he looked forward to promoting mutual understanding and reconciliation. China, which claims to democratically rule Taiwan as its own territory, held…