By Stephen Culp NEW YORK (Reuters) – U.S. stocks slid and 10-year U.S. Treasury yields reached a 16-year high after U.S. Federal Reserve Chairman Jerome Powell said that additional interest …
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By Karen Brettell NEW YORK (Reuters) – The dollar dropped on Thursday after Federal Reserve Chair Jerome Powell was interpreted as being generally dovish in comments made at an economic …
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By Nick Carey LONDON (Reuters) – The management of bankrupt electric truck maker Volta Trucks is urgently seeking a buyer to take the company out of administration and help it …
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By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. economy’s strength and continued tight labor markets could warrant further Federal Reserve interest rate increases, Fed Chair Jerome Powell said on …
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By Scott Murdoch and Anousha Sakoui SYDNEY/LONDON (Reuters) – A major group of Country Garden offshore bondholders has appointed PJT Partners as financial advisors to lead discussions with the troubled …
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By Richa Naidu LONDON (Reuters) -Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk, sending shares down about 2% in morning trade, but said …
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By Carolyn Cohn, Noor Zainab Hussain and Steven Scheer LONDON (Reuters) – Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because …
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By Julia Payne BRUSSELS (Reuters) -G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from Jan. 1, from light-touch self-regulation to strict import measures, …
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BERLIN (Reuters) -Deutsche Bahn has agreed a deal to sell its international transport business Arriva Group to Miami-based infrastructure investor I Squared Capital, the companies said on Thursday. The sale …
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By Richa Naidu LONDON (Reuters) – Nestle said it “temporarily shut down” of one of its production plants in Israel as a “precaution”, becoming the first consumer products giant to …
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(Reuters) – Las Vegas Sands Corp reported better-than-expected profit and revenue for the third quarter on Wednesday, as ongoing ramp up of outbound tourism to Macau and Singapore spurred gaming …
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(Reuters) – Federal Reserve policymakers are signaling a pause in hiking interest rages for another couple months as they wait for a resolution of mixed signals: strong economic data, signs …
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FRANKFURT (Reuters) – Deutsche Bahn plans to announce on Thursday the sale of its international transport business Arriva to Miami-based infrastructure investor I Squared Capital, sources told Reuters. The two …
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By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and concerns about global supplies after Iran …
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By Stephen Culp NEW YORK (Reuters) – Wall Street tumbled and crude prices jumped on Wednesday as escalating turmoil in the Middle East dampened risk appetite and raised oil supply …
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By Martin Coulter LONDON (Reuters) – Britain will host the world’s first global artificial intelligence (AI) safety summit next month, aiming to carve out a role following Brexit as an …
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By Naomi Rovnick, Nell Mackenzie, Marc Jones LONDON (Reuters) -An escalation of the Israel-Gaza war into a broader conflict could deliver another shock to world growth and halt disinflationary forces …
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(Reuters) – Shares in AstraZeneca fell more than 4% on Wednesday after the publication of an abstract on its experimental precision drug’s use in lung cancer in a late-stage trial …
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LONDON (Reuters) -Shares in Adidas gained 4% at the open on Wednesday after the sportswear company raised its guidance for the year in a surprise third-quarter results pre-release. Adidas said …
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By Sinead Cruise LONDON (Reuters) – With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern regulators …
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By Stephen Culp NEW YORK (Reuters) – The Nasdaq dipped and benchmark U.S. Treasury yields surged on Tuesday as robust economic data and strong third-quarter earnings suggested the Federal Reserve …
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By Nicole Jao NEW YORK (Reuters) – Oil prices edged higher on Tuesday as investors wait to see if U.S. diplomatic efforts and a trip by President Joe Biden to …
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(Reuters) – A passenger on a rubber boat adrift in the Mediterranean Sea called a rescue hotline on June 23 to plead for help. The boat – carrying 14 migrants …
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By David Shepardson and Nick Carey WASHINGTON (Reuters) -U.S. auto safety regulators on Tuesday opened a probe into whether General Motors’ self-driving unit Cruise is taking sufficient precautions with its …
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(Reuters) -Sportswear giant Adidas lifted its revenue forecast and cut its expected loss for 2023 on Tuesday, citing Yeezy shoe sales and a stronger core business. The German company said …