By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks and Treasury prices fell on Monday as new evidence of a strong U.S. economy raised fears that interest rates will[...]
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December 5, 2022
Exclusive-Twitter exec says moving fast on moderation, as harmful content surges
By Katie Paul and Sheila Dang (Reuters) -Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distributio[...]
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Exxon Mobil raises CEO, top executives base pay
(Reuters) -Exxon Mobil Corp is raising the annual base salaries of its top boss and other executives for next year, the largest U.S. oil company said on Monday. Exxon Mobil’s compensation commit[...]
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Bankman-Fried says he will testify before U.S. House committee
(Reuters) – FTX founder Sam Bankman-Fried tweeted on Sunday that he would testify before the House Financial Services Committee after he finished “learning and reviewing” the events[...]
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U.S. House committee chair says Bankman-Fried must testify next week
(Reuters) – The chair of the U.S. House of Representatives Financial Services Committee demanded on Monday that Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX,[...]
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Oil falls over 3% after data raises Fed interest rate worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 3% on Monday, following U.S. stock markets lower, after U.S. service sector data raised worries that the Federal Reserve could continue its[...]
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BP doubles down on hydrogen as fuel of the future
By Ron Bousso LONDON (Reuters) – BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the[...]
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Dollar gains broadly as upbeat U.S. data muddles Fed rate hike views
By John McCrank NEW YORK (Reuters) – The dollar gained against the yen, the euro and the pound on Monday after data showed that U.S. services industry activity unexpectedly picked up in November[...]
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China’s LONGi denies circumventing U.S. tariffs on solar panels
BEIJING (Reuters) – Chinese solar panel maker LONGi Green Energy Technology Co. Ltd said on Monday it will provide evidence to show it is complying with U.S. laws after the U.S. Department of Co[...]
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