A look at the day ahead in European and global markets from Anshuman Daga Global markets face their biggest test so far this year as the Federal Reserve appears poised to hint of an end to interest ra[...]
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February 1, 2023
Intel slashes employee, exec pay amid PC market downturn
By Stephen Nellis (Reuters) – Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by[...]
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U.S. official acknowledges Japan, Netherlands deal to curb chipmaking exports to China
By Alexandra Alper and David Shepardson WASHINGTON (Reuters) – An American official on Tuesday made the most direct comments by a U.S. authority to date acknowledging the existence of a deal wit[...]
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Brazil’s Americanas requests financing of at least $197 million -filing
(Reuters) – Brazilian retailer Americanas SA has requested debtor-in-possession financing of at least 1 billion reais ($197.12 million) as part of its bankruptcy process, according to a securiti[...]
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‘Farewell to a wonderful beast’: Branson’s homage to Boeing 747
By Tim Hepher PARIS (Reuters) – British billionaire entrepreneur Richard Branson, who was inspired to start an airline with a single Boeing 747 after getting stuck on a delayed flight, paid trib[...]
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Western tankers ramp up Russian oil shipments under price cap
MOSCOW (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to[...]
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New Zealand Q4 jobless rate edges up to 3.4%, just above historic lows
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s jobless rate held just above historic lows and wage inflation hit a three-decade high but there are signs the labour market is easing,[...]
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Japan factory activity shrinks for third month in January
TOKYO (Reuters) – Japan’s factory activity contracted for a third straight month in January, a private survey showed on Wednesday, although manufacturers’ outlook remained upbeat on[...]
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AMD revenue beats targets, Wall St relieved after Intel’s grim outlook
By Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. chip maker Advanced Micro Devices Inc on Tuesday posted revenue that beat Wall Street targets and said it expected business to improve in the second[...]
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