Category: Reuters
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Boeing Starliner’s debut crewed flight delayed again to check helium leak By Reuters
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WASHINGTON (Reuters) – NASA and Boeing (NYSE:) said they postponed the launch of the Boeing Starliner crew capsule again on Friday, giving them four more days to evaluate a helium leak before attempting to launch the spacecraft’s first two astronauts into space. Friday. The Starliner’s takeoff from Florida was postponed…
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Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports By Reuters
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(Reuters) – Sony (NYSE:) Pictures Entertainment and Apollo Global Management (NYSE:) have signed nondisclosure agreements allowing them to look at Paramount’s books ahead of a potential bid to buy the movie studio’s assets, the New York Times reported Friday, citing people familiar with the material. The newspaper said that the…
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US, TikTok seek fast-track schedule, ruling by Dec. 6 on potential ban By Reuters
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some or all of your investment amount, and may not be suitable for all investors. Cryptocurrency prices are highly volatile and may be affected by external factors such as financial, regulatory or political events.…
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Yen climbs while dollar stabilises after US inflation ebbs By Reuters
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Written by Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) – The Japanese yen rose for a second straight day on Thursday after data on Wednesday showed U.S. inflation slowing, while the dollar found a footing against other currencies after a sharp decline the day before. Data on Wednesday showed that…
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six decades of U.S. presidential debates By Reuters
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(Reuters) – Democratic President Joe Biden and former Republican President Donald Trump plan to face off in a presidential debate on June 27 and another on September 10 before the November 5 election, part of a tradition marked by some memorable moments. History of modern American politics: – 1960: The…
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Chile gives Albemarle option to boost lithium quota by 240,000 metric tons By Reuters
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SANTIAGO (Reuters) – Chile’s economic development agency Corvo said on Wednesday it had reached an agreement with… Albemarle (NYSE:) to establish an option for the US company to increase its production quota by 240,000 metric tons of lithium metal equivalent (LME). This increase would raise Albermarle’s production share by approximately…
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Dollar drops to one-month low vs euro before key CPI test By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The dollar fell to a one-month low against the euro on Wednesday amid falling Treasury yields as traders braced for a key U.S. inflation report later in the day that could determine the course of Federal Reserve policy. However, the yen remained hovering…
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Lidar maker Hesai sues US government, denies alleged link to China’s military By Reuters
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SAN FRANCISCO (Reuters) – China-based Hisai Group filed a lawsuit against the U.S. government on Monday to add the maker of lidar light sensors to a list of companies allegedly working with the Chinese military. Hesai, whose sensors help self-driving cars and driver assistance systems obtain a 3D map of…
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Dollar steady as US inflation data takes spotlight By Reuters
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Written by Brigid Riley TOKYO (Reuters) – The dollar firmed against its major counterparts on Monday as market participants looked ahead to U.S. inflation data to assess the prospects of an interest rate cut this year. Following a weaker-than-expected US jobs report for April and a dovish-sounding Federal Reserve policy…
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Oil extends fall on signs of weak fuel demand, strong dollar By Reuters
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Written by Florence Tan SINGAPORE (Reuters) – Oil prices continued to decline on Monday amid signs of weak demand for fuel and at a time when statements by Federal Reserve officials (the US central bank) weakened hopes for lowering interest rates, which could lead to slowing growth and reducing demand.…
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Weaker supply will drive platinum deficit higher than expected in 2024, WPIC says By Reuters
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Written by Paulina Devitt LONDON (Reuters) – The global platinum deficit in 2024 will be deeper than previously expected due to lower supplies from mines in South Africa and Russia, the World Platinum Investment Council said on Monday. The 2024 deficit of 476,000 ounces will be smaller than the 851,000…
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PBOC is expected to set the USD/CNY reference rate at 7.2284 – Reuters estimate
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The People’s Bank of China is scheduled to release the reference USD/CNY exchange rate at around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or renminbi). The People’s Bank of China follows…
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Factbox-Who is Andrei Belousov, Putin’s choice as defence minister? By Reuters
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MOSCOW (Reuters) – Russian President Vladimir Putin has proposed a surprise appointment of a new defense minister, nominating civilian Andrei Belousov, a former deputy prime minister and economics specialist, for the post more than two years after the war in Ukraine, the Kremlin said. Here are some facts about Andrei…
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Lufthansa boss vents frustration about Boeing problems By Reuters
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ZURICH (Reuters) – Delays in plane deliveries from Boeing Co (NYSE:) are “very annoying” and cost Lufthansa a lot of money, but the U.S. planemaker should be able to solve its problems, the German airline’s chief executive said in a newspaper interview. Lufthansa CEO Carsten Spohr was direct when asked…
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Amazon to announce new 1.2 billion euros investment in France By Reuters
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some or all of your investment amount, and may not be suitable for all investors. Cryptocurrency prices are highly volatile and may be affected by external factors such as financial, regulatory or political events.…
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Analysis-Why China’s tolerance for a cheaper currency may be temporary By Reuters
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SHANGHAI (Reuters) – Currency markets are reading subtle signals from Chinese authorities as an indication that they are slowly pushing the yuan lower to restore export competitiveness, but analysts say the yuan’s prolonged weakness is neither the goal nor what is desired. The biggest signal of tolerance for yuan weakness…
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Dollar up slightly after consumer sentiment data, CPI eyed By Reuters
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Written by Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose on Friday after a reading on U.S. consumer sentiment as investors sorted through a batch of comments from Federal Reserve officials, with focus beginning to shift toward key inflation readings next week. The dollar pared its declines and turned…
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UK mountaineer logs most Everest climbs by a foreigner, Nepali makes 29th ascent By Reuters
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Written by Gopal Sharma KATHMANDU (Reuters) – A British climber and a Nepalese guide have broken their own records for most ascents of Mount Everest, the world’s highest mountain, hiking officials said on Sunday. Rakesh Gurung, director of the Nepalese Ministry of Tourism, said that Briton Kenton Cole (50 years…