By David Shepardson and Valerie Insinna (Reuters) -The Federal Aviation Administration (FAA) on Friday approved Boeing to resume deliveries of its widebody 787 Dreamliner next week after the planemake[...]
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March 10, 2023
White House: have faith in regulators when asked about SVB Financial
WASHINGTON (Reuters) – The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB Financial Group, the largest bank failure sinc[...]
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Panama minister trusts contract with First Quantum will get green light
By Valentine Hilaire (Reuters) – Panama’s trade minister said Friday he trusts the remaining Panamanian authorities will approve the text of a deal reached with Canada’s First Quantu[...]
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Spain’s antitrust watchdog fines Telefonica over DTS takeover terms
(Reuters) – Spain’s antitrust watchdog on Friday imposed a 6-million-euro ($6.35 million) fine on Telefonica for commercial practices, such as permanence clauses on smart phone leases, tha[...]
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Oil prices rise after buoyant U.S. payrolls
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices climbed more than 1% on Friday after better-than-expected U.S. employment data, though both benchmarks fell more than 3% on the week on U.S. interest[...]
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First Republic, Western Alliance calm contagion worries from SVB meltdown
(Reuters) – U.S. lenders First Republic Bank and Western Alliance said on Friday their liquidity and deposits remained strong, calming investors worried of a spill-over of risks from troubled st[...]
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Strong US job growth persists; wage inflation shows signs of slowdown
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy added jobs at a brisk clip in February, but monthly wage growth slowed and the unemployment rate rose, pointing to some labor market loo[...]
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Explainer-What caused Silicon Valley Bank’s failure?
NEW YORK (Reuters) – SVB Financial Group Inc’s shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal Reserve raising interest rates and souring the risk a[...]
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Majority of Ritchie Bros shareholders vote in favor of IAA deal-sources
By Svea Herbst-Bayliss NEW YORK (Reuters) – A majority of Canada’s Ritchie Bros shareholders have voted in favor of the company buying U.S. auto retailer IAA in a deal that is valued at ro[...]
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