NAIROBI (Reuters) – Burundi’s economy is projected to expand 4.3% this year from 2.7% in 2023, helped by improved performance in the agriculture sector, the International Monetary Fund said. With …
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By Peter Hobson CANBERRA (Reuters) – Australia is poised to produce much more wheat and other crops this year than previously thought after rainfall confounded expectations that an El Nino …
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A look at the day ahead in European and global markets from Wayne Cole That felt like a long wait for a two-page policy statement, and in the end the …
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By Xinghui Kok SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 3.3% in December on a yearly basis, official data showed on Tuesday. The core inflation rate – which …
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South Korean retail investors hit as China equity derivatives tumble
by Reutersby ReutersBy Jihoon Lee and Cynthia Kim SEOUL (Reuters) – South Korean retail investors have been caught out by an 11% fall in a key Hong Kong stock market index this …
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Fashion resale site Vestiaire Collective launches crowdfunding, eyes IPO in 2025
by Reutersby ReutersLONDON (Reuters) – Second-hand fashion marketplace Vestiaire Collective launched a crowdfunding campaign on Tuesday to raise at least one million euros ($1.09 million) from individual investors as the Kering-backed business …
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United Airlines sees stronger profit in 2024 despite a hit from Boeing MAX 9 grounding
by Reutersby ReutersBy Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines on Monday provided an upbeat outlook for the full year despite warning of a wider-than-expected loss in the quarter through March due …
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China regulator removes draft video game rules from website; shares jump
by Reutersby ReutersBy Josh Ye HONG KONG (Reuters) -China’s gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, …
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BENGALURU (Reuters) – Shares of Indian broadcaster Zee Entertainment Enterprises plunged 10% in pre-open trade on Tuesday, a day after Japan’s Sony Group scrapped a $10 billion merger with the …
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By Steve Holland MANCHESTER, New Hampshire (Reuters) -As New Hampshire voters prepared to cast their votes in the state’s first-in-the nation primary Tuesday, a robocall is circulating in the state …
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BEIJING (Reuters) – A China-wide tour showcasing Tesla’s flagship Cybertruck pickup will kick off in late January, with eight trucks simultaneously on display in eight cities including Shanghai and the …
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Malaysia considers legal proceedings against foreign banks linked to 1MDB graft
by Reutersby ReutersKUALA LUMPUR (Reuters) -Malaysia is considering initiating legal proceedings against foreign banks linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairman of the 1MDB asset recovery …
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TOKYO (Reuters) – The Bank of Japan on Tuesday kept ultra-low interest rates intact in a widely expected move, as it awaits more data on whether wage growth will accelerate …
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By Gram Slattery, Nathan Layne and James Oliphant FRANKLIN, N.H. (Reuters) -Donald Trump’s last remaining Republican opponent, former U.N. Ambassador Nikki Haley, was making a final push on Monday to …
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By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday barred TurboTax maker Intuit from advertising or marketing services as “free” when many consumers were in fact …
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South Korea’s economy likely grew at slightly slower pace in Q4: Reuters poll
by Reutersby ReutersBy Veronica Dudei Maia Khongwir BENGALURU (Reuters) – South Korea’s economy expanded at a slightly slower pace in the final three months of 2023 compared to Q3 as elevated interest …
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Brown & Brown’s Q4 profit jumps on robust growth in fee, investment income
by Reutersby Reuters(Reuters) – Insurance brokerage Brown & Brown reported an 85% surge in fourth-quarter profit to $268.6 million on Monday, helped by higher commissions and fees alongside better investment returns. The …
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US Supreme Court lets Border Patrol remove Texas razor-wire fencing – for now
by Reutersby ReutersBy John Kruzel (Reuters) -The U.S. Supreme Court on Monday agreed to temporarily let U.S. Border Patrol agents cut or remove razor-wire fencing that Texas officials placed along part of …
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SYDNEY (Reuters) – Australian business conditions continued to soften in December as manufacturing and construction lost ground, a survey showed on Tuesday, while price pressures eased markedly in a promising …
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ADM shares plunge 24% in worst day since 1929 as CFO is placed on leave
by Reutersby ReutersBy Karl Plume and Seher Dareen (Reuters) -Shares of Archer-Daniels-Midland plunged 24% on Monday, its biggest one-day drop since 1929, after CFO Vikram Luthar was placed on administrative leave as …
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Australia’s sovereign wealth fund grows on equity rally; cautious about rate cuts
by Reutersby ReutersBy Lewis Jackson SYDNEY (Reuters) -Australia’s sovereign wealth fund has cautioned against expecting rate cuts in Australia or the U.S. anytime soon after reporting on Tuesday a rebound in its …
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By Dawn Chmielewski (Reuters) -Netflix said on Monday that Scott Stuber, head of films, will leave the streaming service pioneer in March to start his own media company. No replacement …
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(Reuters) -Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included …
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Canada minister says study permits to students from India drop due to dispute
by Reutersby Reuters(This Jan. 16 story has been corrected to reflect the lack of official figures for December in paragraph 6) By Steve Scherer OTTAWA (Reuters) – The number of study permits …
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US appeals court revives Mexico’s $10 billion lawsuit against gun makers
by Reutersby ReutersBy Nate Raymond BOSTON (Reuters) -A U.S. appeals court on Monday revived a $10 billion lawsuit by Mexico seeking to hold American gun manufacturers responsible for facilitating the trafficking of …