(Reuters) -Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant followin[...]
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January 9, 2023
Brazil markets fall as Bolsonaro supporters storm capital
By Susan Mathew (Reuters) – Brazil’s currency fell on Monday after supporters of former president Jair Bolsonaro stormed the capital, while Chile’s peso hit seven-month highs, driven[...]
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Goldman Sachs readies biggest layoffs since the financial crisis
By Saeed Azhar and Scott Murdoch (Reuters) -Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough[...]
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THE LIST IS IN: THE OFFICIAL 2023 “DOGS OF THE DOW”
The Dogs of the Dow is a stock-picking strategy that involves investing in the 10 highest-yielding Dow Jones Industrial Average (DJIA) stocks. The theory behind this strategy is that these high-yieldi[...]
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CNH Industrial union workers at two U.S. plants reject proposed contract
By Bianca Flowers RACINE, Wis. (Reuters) -Members of two local unions that have been on strike since May at CNH Industrial factories in Wisconsin and Iowa on Saturday voted down a tentative labor cont[...]
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EU, U.S. start talks on electric vehicle subsidies – Commissioner
MADRID (Reuters) – The European Commission has opened talks with the United States to discuss subsidies on electric vehicles sold in the North American trade bloc, EU Commissioner for the Intern[...]
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French drug company Servier launches Mediator appeal
PARIS (Reuters) – French drugmaker Servier on Monday launched its appeal against manslaughter and deception convictions handed down by a Paris court in 2021 in connection with weight-loss pill M[...]
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German regulator identifies 5,000 km to aid green power switch
FRANKFURT (Reuters) – Germany’s federal network agency on Monday said it had identified 5,000 kilometres (3,107 miles) of its network for upgrades, which will be central to plans to accele[...]
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Investor Ubben takes 0.8% stake in Bayer, boosting share price
FRANKFURT (Reuters) – Activist investment fund Inclusive Capital Partners, run by hedge fund veteran Jeffrey Ubben, said on Monday it had acquired a 0.83% stake in Bayer, as the German drugs and[...]
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