WASHINGTON (Reuters) -The U.S. Department of Energy will announce on Tuesday that scientists at a national lab have made a breakthrough on fusion energy, the process that powers the sun and stars that[...]
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December 12, 2022
FTX CEO to detail “unacceptable management practices” in congressional testimony
(Reuters) – FTX CEO John Ray will tell lawmakers on Tuesday that the bankrupt cryptocurrency exchange had “unacceptable management practices” including the commingling of assets and[...]
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Responsible investment group rejects activist complaint over TIAA
By Ross Kerber (Reuters) – A United Nations-backed responsible investment group has sided with U.S. financial services provider TIAA and turned down a request that the firm’s membership be[...]
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U.S. November deficit rises sharply as revenues fall, outlays jump
WASHINGTON (Reuters) – The November U.S. budget deficit jumped by $57 billion or 30% from a year earlier to $249 billion, a record for the month, as revenues fell and outlays for education, heal[...]
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EU seeks deal on world-first carbon border tariff
By Kate Abnett BRUSSELS (Reuters) -The European Union is hoping to reach a deal late on Monday to impose a carbon dioxide tariff on imports of polluting goods such as steel and cement, a scheme the bl[...]
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Wall St climbs with inflation, Fed on deck
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes rose on Monday, lifted in part by gains in Microsoft and Pfizer, as investors braced for key inflation data on Tuesday and a policy a[...]
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Pfizer sees $10 billion-$15 billion in annual mRNA vaccine revenue by 2030
(Reuters) -U.S. drugmaker Pfizer Inc said on Monday annual global revenue from its mRNA vaccine business could reach $10 billion to $15 billion by 2030. The company provided potential revenue details[...]
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U.S. ready to explore next phases of trade relationship with Africa, USTR Tai says
By David Lawder WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai said on Monday that her agency is preparing to sign a memorandum of understanding with African Continental Free Trade Area[...]
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Wall Street positive ahead of inflation data, Fed action
By Lawrence Delevingne (Reuters) -Global stocks, oil prices and the dollar rose on Monday as investors awaited the last round of transatlantic central bank interest rate hikes this year, hoping that t[...]
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