(Reuters) – The Treasury Department is preparing a new program that could prohibit U.S. investment in certain sectors of adversarial nations, the Wall Street Journal reported on Friday citing co[...]
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March 4, 2023
Italy close to approve CDP, Macquarie bid for TIM’s grid- Bloomberg News
(Reuters) – Italy is close to granting preliminary approval to a multibillion-euro offer by state lender CDP and Macquarie Group for Telecom Italia’s landline network, Bloomberg News repor[...]
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Mexico can’t match U.S. incentives for proposed Tesla battery plant, minister says
MEXICO CITY (Reuters) – Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the country, Mexico’s finance min[...]
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Taiwan’s TSMC to recruit 6,000 engineers in 2023
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, will recruit more than 6,000 new staff in 2023, the company said in a statement[...]
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Civil rights audit at Google proposes better tackling of hate speech, misinformation
By Kanishka Singh WASHINGTON (Reuters) -Google on Friday released an audit that examined how its policies and services impacted civil rights, and recommended the tech giant take steps to tackle misinf[...]
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Defensives may not be safe place to hide as stock market stumbles
By Lewis Krauskopf NEW YORK (Reuters) – Investors searching for safer areas in the U.S. stock market are finding that traditional shelters that held up in last year’s selloff, such as cons[...]
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Ex-Goldman banker Ng deserves 15 years in prison, US prosecutors say
By Luc Cohen NEW YORK (Reuters) – U.S. prosecutors on Friday urged a judge to sentence former Goldman Sachs banker Roger Ng to 15 years in prison after he was convicted of helping loot billions[...]
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SoftBank’s Arm rebuffs London by choosing U.S. listing
By Paul Sandle LONDON (Reuters) -Arm, the chip designer owned by Japan’s SoftBank, said on Friday it would pursue a U.S.-only listing this year, dashing the British government’s hopes that[...]
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TSX snaps weekly losing streak as investors cheer Chinese data
By Johann M Cherian and Fergal Smith (Reuters) – Canada’s commodity-heavy main stock index rose on Friday to its highest closing level in more than two weeks as encouraging economic data f[...]
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