By Hyunjoo Jin and Paresh Dave SAN FRANCISCO (Reuters) -James Murdoch, a Tesla Inc director, testified in court on Wednesday that CEO Elon Musk has in the last few months identified someone as a poten[...]
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November 17, 2022
Renault considers transferring over half of Nissan stake to match holdings – Nikkei
TOKYO (Reuters) -Renault SA may transfer more than half its stake in Nissan Motor to a trust to match the Japanese car maker’s holdings in itself, the Nikkei newspaper reported on Thursday. Rena[...]
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Australia jobs beat forecasts, boosting case for more rate hikes
By Wayne Cole SYDNEY (Reuters) -Australia’s jobless rate matched five-decade lows in October as employment climbed by double market forecasts, a sign it will take further increases in interest r[...]
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Global stocks slip, dollar steady as retail sales tip Fed outlook
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales clou[...]
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GM Mexico head sees country missing electric vehicle target for 2030
By Kylie Madry MONTERREY, Mexico (Reuters) – General Motors’ Mexico head Francisco Garza foresees just 15% of the vehicles produced in the country in 2030 as being electric, missing the go[...]
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Analysis-Political gridlock may help U.S. stocks but inflation still in driver’s seat
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Split control of the U.S. Congress following the midterm elections may provide a tailwind for stocks at the end of a bruising year, but inflation and th[...]
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As FTX collapses, Temasek becomes latest backer to write down $275 million funding
SINGAPORE (Reuters) – Singapore state investor Temasek Holdings said it would write down the value of its entire investment of $275 million in collapsed crypto currency exchange FTX, in the late[...]
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In Colorado, oil firms fix leaky wells ahead of new rules
(This Nov. 14 story has been officially corrected to fix the quote from Anne Lee Foster in paragraph 17 to clarify that state money used to clean up abandoned wells comes from operators, not taxpayers[...]
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Wall Street ends down after Target outlook, Micron supply cut
By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes ended lower on Wednesday as a grim outlook from Target spurred fresh concerns about retailers[...]
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