A look at the day ahead in U.S. and global markets from Mike Dolan There was little for markets to dislike in the impressive sweep of U.S. economic and corporate …
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Cautious investors trim equity holdings before inflation data, Fed meet
by Reutersby Reuters(Reuters) – Global investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report due on Friday and a …
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TOKYO (Reuters) – Toyota Motor Corp’s labour union is set to demand its biggest annual bonus on record worth 7.6 months of pay, exceeding the previous high of 7.2 months, …
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Chipmakers among 15 US firms eyeing $8 billion Vietnam investment – US official
by Reutersby ReutersHANOI (Reuters) -Fifteen U.S. companies, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country’s progress on renewable energy rules, …
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Kremlin denies report that Putin reaching out to US, might drop key demands on Ukraine
by Reutersby ReutersMOSCOW (Reuters) – The Kremlin on Friday denied a Bloomberg report that President Vladimir Putin was “putting out feelers” to the United States for possible talks on ending the war …
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Analysis-North Korea signals confrontation, no signs of war preparation
by Reutersby ReutersBy Josh Smith SEOUL (Reuters) – North Korea is stepping up confrontation with the United States and its allies, but officials in Washington and Seoul say they have spotted no …
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How GM’s Cruise robotaxi tech failures led it to drag pedestrian 20 feet
by Reutersby ReutersBy Abhirup Roy SAN FRANCISCO (Reuters) -A General Motors Cruise robotaxi that struck and dragged a pedestrian 20 feet (6 meters) in an October accident made a number of technical …
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Alabama gasses prisoner with nitrogen in first new execution method in decades
by Reutersby ReutersBy Evan Garcia and Jonathan Allen ATMORE, Alabama (Reuters) -Alabama on Thursday executed convicted murderer Kenneth Smith, who held his breath in vain as officials asphyxiated him with nitrogen gas, …
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(Reuters) – Alabama Governor Kay Ivey said prison officials had killed Kenneth Smith, a convicted murderer, on Thursday evening, completing the first execution using asphyxiation by nitrogen gas, which the …
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US antitrust inquiry targets OpenAI and Anthropic’s deals with Big Tech
by Reutersby ReutersBy Jasper Ward and Krystal Hu WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Thursday it had ordered OpenAI, Microsoft, Alphabet, Amazon and Anthropic to provide information on recent …
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Truck maker Volvo braces for 2024 by adjusting production amid weak order intake
by Reutersby ReutersBy Marie Mannes STOCKHOLM (Reuters) -Swedish truck maker AB Volvo on Friday reported a bigger-than-expected rise in fourth-quarter profit but a weak order intake as it adjusted lower production levels …
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GENEVA (Reuters) – The United Nations human rights chief on Friday condemned the execution of a prisoner in the U.S. state of Alabama by nitrogen gas, saying the method could …
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By Alun John LONDON (Reuters) – Investors poured almost $12 billion into Chinese equity funds in the week to Wednesday in the largest inflow since 2015 and the second largest …
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BAGHDAD (Reuters) -A drone attack on one of Iraq’s largest gas fields has led to a temporary suspension of production, resulting in major power cuts across the country’s northern Kurdistan …
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Brazil orders Vale, BHP and Samarco to pay $9.7 billion in damages for dam disaster
by Reutersby ReutersSAO PAULO (Reuters) -A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6 billion reais ($9.67 billion) in damages for a 2015 …
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SHANGHAI (Reuters) – A Shanghai-listed fund that holds U.S. stocks took the unusual step of suspending trading on Friday, saying it was necessary to protect investors after prices hit record …
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BHP Group to review court decision on $31.53 billion Fundao dam claim
by Reutersby Reuters(Reuters) -BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155 billion reais ($31.53 billion) government claim over the 2015 collapse of Fundao dam …
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By Rae Wee SINGAPORE (Reuters) – Investors positioning for Japan’s first rate hike in nearly two decades have cooled on outright cash bets on the yen rising and turned to …
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(Reuters) – Nomura on Friday forecast the U.S. Federal Reserve delivering a 100-basis-point interest rate cut in 2024 and reducing the pace of balance-sheet rundown in June, followed by an …
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By Mike Dolan LONDON (Reuters) – China’s seeming determination to hold the yuan stable in the face of a deflationary asset price bust and capital flight leaves it with an …
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Salesforce laying off 700 workers in latest tech industry downsizing – WSJ
by Reutersby Reuters(Reuters) -Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to …
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By Arsheeya Bajwa and Max A. Cherney (Reuters) -Intel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples …
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By Clare Jim and Scott Murdoch HONG KONG (Reuters) – A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at a hearing …
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By Sinead Cruise, Iain Withers and Hadeel Al Sayegh LONDON/DUBAI (Reuters) – As cranes speckle the Dubai skyline and ultra-luxury homes change hands at record prices, signs that the city-state’s …
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By Noel Randewich and Ankika Biswas (Reuters) -The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong U.S. economic growth in …