(Reuters) – Meta Platforms is building more safeguards to protect teen users from unwanted direct messages on Instagram and Facebook, the social media platform said on Thursday. The move comes …
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(Reuters) – American Airlines Group forecast 2024 profit largely above Wall Street expectations on Thursday as the carrier benefits from strong demand for international travel. The company expects full-year adjusted …
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Blackstone’s fourth-quarter earnings rise 4% as asset sales pick up
by Reutersby ReutersBy Chibuike Oguh NEW YORK (Reuters) – Blackstone Inc reported a 4% rise in its fourth-quarter distributable earnings on Thursday, as the world’s largest private equity firm cashed out on …
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(Reuters) -Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to East-West trade. In response, some shipping companies have …
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Southwest Airlines removes MAX 7 from 2024 plans, cuts delivery forecast from Boeing
by Reutersby ReutersBy Abhijith Ganapavaram (Reuters) – Southwest Airlines said on Thursday it was expecting to take fewer deliveries of Boeing’s 737 MAX aircraft and it had left out the MAX 7 …
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(Reuters) -Alaska Air Group, the operator of the Boeing plane that suffered a mid-air incident earlier this month, said on Thursday it expects a $150-million profit hit in 2024 from …
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By Scott DiSavino (Reuters) – Several offshore wind developers will likely bid in New York’s fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, …
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A look at the day ahead in U.S. and global markets from Mike Dolan Tesla, the first of the so-called ‘Magnificent Seven’ U.S. megacap stocks to report fourth-quarter earnings, hit …
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BoE says ‘ring fencing’ capital rules for retail banks need no big overhaul
by Reutersby ReutersBy Huw Jones LONDON (Reuters) -The Bank of England said on Thursday that its rules requiring banks to “ring fence” their retail arms with bespoke buffers of capital have worked …
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By Rachel More and Rene Wagner BERLIN (Reuters) – German business morale unexpectedly worsened in January, declining for the second month in a row as Europe’s largest economy struggles to …
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By Terje Solsvik and Victoria Klesty OSLO (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at 4.50% on Thursday, as unanimously expected by analysts, and said the …
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By Eduardo Baptista and Sophie Yu BEIJING (Reuters) -China said on Thursday it gave Boeing permission last month to resume deliveries of its 737 MAX 8 to local customers, ending …
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Exclusive-India may keep 2024/25 gross borrowings close to current year’s level – sources
by Reutersby ReutersBy Sarita Chaganti Singh and Aftab Ahmed NEW DELHI (Reuters) – India’s federal government may keep its gross market borrowing for 2024/25 close to this fiscal year’s level, according to …
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China clean energy sector was biggest driver of 2023 GDP growth -research report
by Reutersby ReutersBy Andrew Hayley BEIJING (Reuters) – China’s clean energy sector accounted for the largest portion of the country’s economic growth in 2023, according to a report by global research agency …
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Hyundai Motor projects slower growth in 2024 on weak demand, macro uncertainty
by Reutersby ReutersBy Heekyong Yang and Joyce Lee SEOUL (Reuters) -South Korea’s Hyundai Motor on Thursday predicted slower sales growth this year due to weak demand and economic uncertainties such as interest …
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New rules boost China property shares but could miss the mark, analysts say
by Reutersby ReutersBy Clare Jim HONG KONG (Reuters) -Chinese property shares rose on Thursday, strengthened by the latest relaxation in credit measures to support the embattled real estate industry, but few market …
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WASHINGTON (Reuters) – The National Transportation Safety Board (NTSB) will travel to Boeing’s 737 factory in Renton, Washington, on Friday to examine documents related to the production of the Alaska …
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China slams US ‘provocation’ in Taiwan Strait, pledges further drills
by Reutersby ReutersBEIJING (Reuters) – China criticised the United States on Thursday for causing “trouble and provocation” after the U.S. Navy sailed its first warship through the sensitive Taiwan Strait since presidential …
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STOCKHOLM (Reuters) – Nokia expects a demand recovery in the second half of the year, it said on Thursday after weak sales of 5G equipment were offset by the Finnish …
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Taiwan central bank minutes: can’t rule out more tightening if high inflation persists
by Reutersby ReutersTAIPEI (Reuters) – Some board members of Taiwan’s central bank noted “persistent” concerns about higher inflation and said more monetary policy tightening could not be ruled out if inflation continued …
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Exclusive-Biden urges US Congress to approve F-16 sale to Turkey ‘without delay’
by Reutersby ReutersBy Humeyra Pamuk, Patricia Zengerle and Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden sent a letter to leaders of key Capitol Hill committees on Wednesday informing them of his …
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STMicro sees Q1 sales well below estimates as auto chip demand softens
by Reutersby ReutersBy Michal Aleksandrowicz (Reuters) -European chipmaker STMicroelectronics on Thursday forecast a more than 15% drop in first-quarter revenue, well below market expectations, due to softer automotive demand and a further …
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International investors fuel further growth in Japanese stock market
by Reutersby Reuters(Reuters) – Foreign investors bolstered their positions in the rising Japanese stock market drawn by a depreciating yen that boosted exporter shares and a robust performance in the chip sector. …
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Geopolitics, elections and policy uncertainty to weigh on China market – financial leaders
by Reutersby ReutersBy Selena Li and Xie Yu HONG KONG (Reuters) -Asia’s top financial executives expect geopolitical tensions, the coming U.S election and Beijing’s policy uncertainty to keep shaking investor confidence in …
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New Tokyo apartments averaged above 100 million yen in 2023 for first time ever
by Reutersby ReutersTOKYO (Reuters) -The price of new apartments in Tokyo during 2023 averaged more than 100 million yen annually for the first time ever, pushed up by rising labour and construction …