By Hilary Russ and Siddharth Cavale BETHESDA, Md./NEW YORK (Reuters) – Many shoppers looking for Apple’s latest high-end phones returned empty handed from its stores this Black Friday as the …
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Thin Black Friday crowds mark U.S. holiday shopping kickoff
by Reutersby ReutersBy Arriana McLymore and Doyinsola Oladipo (Reuters) – Thin crowds of inflation-weary consumers hunted for Black Friday deals at stores in big cities including New York, Los Angeles, Chicago and …
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Brazil to allow credit fintechs to initiate payment transactions
by Reutersby ReutersBRASILIA (Reuters) -Brazil’s National Monetary Council on Friday decided to allow credit fintechs to initiate payment transactions, the central bank said, a move that will in practice clear them to …
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Elon Musk says Twitter’s verified service with colors to start next week
by Reutersby Reuters(Reuters) -Twitter Inc is planning to roll out its verified service next Friday with different colored checks for individuals, companies and governments, after a botched initial launch led to a …
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Benettons, Blackstone reach more than 95% of Atlantia after bid – Reuters calculations
by Reutersby ReutersMILAN (Reuters) – A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy’s Atlantia has breached the 95% threshold, Reuters calculations showed, allowing the bidders …
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This Black Friday, Remember Your Local Small Businesses
LINDA MCMAHON: This Black Friday, Remember Your Local Small Businesses Linda McMahon on November 25, 2022 For millions of Americans, the minute the clock strikes midnight after a big Thanksgiving …
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By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Pakistan will repay a $1 billion international bond on Dec. 2, three days before its due date, the governor of Pakistan’s central bank …
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Malawi cuts 2022 growth forecast on power shortages and inflation
by Reutersby ReutersBy Frank Phiri BLANTYRE (Reuters) -Malawi has lowered its 2022 growth forecast to 1.7% from 4.1% due to problems with power generation and rising inflation that have piled pressure on …
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India’s central bank approves 12 ‘vostro’ accounts for rupee trade – official
by Reutersby ReutersNEW DELHI (Reuters) – India’s central bank has given approval to banks to open 12 special “vostro accounts” for trade in rupees with trading partners, its Executive Director Deepak Kumar …
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German budget for 2024 will be more challenging than for 2023 – Finance Minister
by Reutersby ReutersBERLIN (Reuters) – Germany’s budget margins will get tighter in the next couple of years, Finance Minister Christian Lindner said on Friday. “The 2024 budget will be incomparably more challenging …
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Russia’s justice ministry adds Meta to ‘extremist’ list – Kommersant
by Reutersby Reuters(Reuters) – Russia’s justice ministry added Facebook-owner Meta Platforms to its register of extremist organisations on Friday, the Kommersant newspaper reported. A Russian court earlier this year ruled Meta had …
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Netherlands in talks with U.S. on China chip policy – Dutch trade minister
by Reutersby ReutersAMSTERDAM (Reuters) – Dutch trade minister Liesje Schreinemacher said on Friday the Netherlands is in talks with the U.S. government about new export restrictions for semiconductor equipment to China. Under …
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India forms panel to revamp only govt job guarantee scheme – source
by Reutersby ReutersBy Shivangi Acharya NEW DELHI (Reuters) – India’s federal rural development ministry has formed a panel to revamp its only job guarantee scheme in the hope of directing more work …
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Germany must step up competition to become green economy leader – EconMin
by Reutersby ReutersBERLIN (Reuters) – The world’s largest economic powers are going to compete over who will be able to create a lead market for a climate-neutral and green industry, said German …
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UK house price rally to end next year but no big crash expected – Reuters poll
by Reutersby ReutersBy Jonathan Cable LONDON (Reuters) – British house prices will fall in 2023, putting an end to years of bumper rises, but a large crash was unlikely despite the cost …
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Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
by Reutersby ReutersTAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’s city of Zhengzhou after worker unrest disrupted operations, a person with …
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Elon Musk says Twitter to provide ‘amnesty’ to some suspended accounts starting next week
by Reutersby Reuters(Reuters) – Elon Musk said on Thursday that Twitter will provide a “general amnesty” to suspended accounts starting next week after running a poll on whether to do so for …
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Twitter job cuts a concern as new EU rules kick in, EU justice head says
by Reutersby ReutersBy Foo Yun Chee BRUSSELS (Reuters) – Twitter’s decision to shut down its Brussels office and the laying off of thousands of employees are drawing concerns on whether the company …
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New Zealand consumer confidence slips in November – ANZ-Roy Morgan
by Reutersby Reuters(Reuters) – Consumer confidence in New Zealand fell in November compared with the prior month amid soaring inflation, rising rates and falling house prices, ANZ-Roy Morgan data showed on Friday. …
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Exclusive-EU antitrust regulators ramp up Microsoft scrutiny, probe likely – sources
by Reutersby ReutersBy Foo Yun Chee BRUSSELS (Reuters) – Microsoft is likely to face an EU antitrust investigation as regulators intensify their scrutiny into its practices in a case triggered by Salesforce.com’s …
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By Alexander Marrow and Supantha Mukherjee MOSCOW (Reuters) -Amsterdam-listed mobile operator Veon said on Thursday it would sell its Russian business, Vimpelcom, to senior members of the Vimpelcom management team, …
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Manulife to outsource Canada real estate services to JLL, resulting in 50 job cuts
by Reutersby ReutersBy Divya Rajagopal and Bhanvi Satija (Reuters) -Manulife Financial Corp will outsource its property operations in Canada to focus on its entrepreneurial investment management unit, Canada’s biggest life insurer said …
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Abu Dhabi close to unveiling new economic strategy – economic development chairman
by Reutersby ReutersABU DHABI (Reuters) – Abu Dhabi is close to unveiling its overall new economic strategy, Mohamed Ali Al Shorafa, chairman of the Abu Dhabi Department of Economic Development, said on …
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Hungary’s banks stable, profits and lending to fall – central bank
by Reutersby ReutersBUDAPEST (Reuters) – Hungary’s banking system is stable and has significant reserves to manage risks, the National Bank of Hungary said on Thursday, adding that banks faced weaker profitability due …
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Global risks to keep BOJ from adjusting yield cap next year – ex-central bank executive
by Reutersby ReutersBy Leika Kihara and Takahiko Wada TOKYO (Reuters) – Growing risks of a global economic slowdown will likely prevent the Bank of Japan (BOJ) from phasing out its stimulus programme, …