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Category: Business

Stellantis says no merger plans after Renault report
Business

Stellantis says no merger plans after Renault report

By Giulio Piovaccari MILAN (Reuters) -Stellantis Chairman John Elkann on Monday denied the carmaker had merger plans, responding to press…

February 5, 2024February 5, 2024
Foxconn sees ‘slightly better’ 2024, warns on AI chip shortage
Business

Foxconn sees ‘slightly better’ 2024, warns on AI chip shortage

TAIPEI (Reuters) – Taiwan’s Foxconn, Apple’s biggest iPhone assembler and the world’s largest contract electronics maker, expects its business this…

February 4, 2024February 4, 2024
Australia releases preferred option on pollution rules to boost EV uptake
Business

Australia releases preferred option on pollution rules to boost EV uptake

SYDNEY (Reuters) – Australia on Sunday released a “preferred model” for new standards on vehicle emissions as the country moves…

February 4, 2024February 4, 2024
Analysis-New China property financing measures set to be tested by banks’ cautious approach
Business

Analysis-New China property financing measures set to be tested by banks’ cautious approach

By Clare Jim and Ziyi Tang HONG KONG/BEIJING (Reuters) – China aims to ramp up financing for home projects in…

February 3, 2024February 4, 2024
S&P 500 surges to record closing high on solid earnings, robust data
Business

S&P 500 surges to record closing high on solid earnings, robust data

By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Friday and the S&P 500 registered an…

February 2, 2024February 2, 2024
US labor market sizzles with blowout job growth, solid wage gains
Business

US labor market sizzles with blowout job growth, solid wage gains

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in January and wages increased by the most in nearly…

February 2, 2024February 2, 2024
Mercuriadis bows out as Hipgnosis Songs Management CEO, to become chair
Business

Mercuriadis bows out as Hipgnosis Songs Management CEO, to become chair

(Reuters) – Music industry veteran Merck Mercuriadis has stepped down as the CEO of Hipgnosis Songs Management (HSM), the artist…

February 2, 2024February 2, 2024
Dollar jumps, traders pare rate cut bets after strong jobs report
Business

Dollar jumps, traders pare rate cut bets after strong jobs report

By Karen Brettell NEW YORK (Reuters) -The U.S. dollar index jumped to a seven-week high in a broad rally on…

February 2, 2024February 2, 2024
US court to hear JetBlue, Spirit appeal over blocked merger in June
Business

US court to hear JetBlue, Spirit appeal over blocked merger in June

By Nate Raymond and David Shepardson BOSTON (Reuters) -A U.S. appeals court on Friday said it would hear arguments in…

February 2, 2024February 2, 2024

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