By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Market sentiment can be pretty gloomy in a financial crisis. So when national authorities offer, appro[...]
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March 16, 2023
U.S. adds Chinese genetics company units to trade blacklist
(This March 2 story has been corrected to say that only one unit of BGI Genomics was added to the list and the Commerce department added a total of three BGI Group units, in paragraphs 1 and 2) (Reute[...]
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DoubleLine’s Gundlach sees US recession within four months
NEW YORK (Reuters) – Jeffrey Gundlach, the chief executive of DoubleLine Capital, said a recession could happen within the next four months, as recent U.S. bank failures have exacerbated the tig[...]
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Global shares gain as banking sector lifelines bolster confidence
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose on Thursday on news that a large group of banks were infusing cash into U.S. lender First Republic Bank and as a[...]
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Duke Energy to start construction of floating solar pilot in Florida
(Reuters) – Duke Energy Corp said on Thursday that its Florida unit would start construction of about 1 megawatt floating solar array pilot later this month in Polk County. The pilot will featur[...]
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Microsoft unveils AI office Copilot in fast-moving race with Google
By Jeffrey Dastin (Reuters) -Microsoft Corp on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival G[...]
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US regulators say deposits into First Republic Bank show system’s resilience
WASHINGTON (Reuters) – Federal regulators and the Treasury Department on Thursday welcomed a decision by 11 larger banks to deposit $30 billion into regional bank First Republic Bank and said it[...]
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France nuclear watchdog questions timing of some EDF reactors checks
By Benjamin Mallet PARIS (Reuters) – French nuclear safety watchdog ASN said on Thursday power group EDF may have to stop some of its reactors for corrosion checks earlier than currently planned[...]
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Banking worries send US markets on dizzying ride
By Lewis Krauskopf NEW YORK (Reuters) – Tumult in the banking system has roiled investors over the past week, sending Treasury yields into a tailspin, slamming U.S. bank stocks and exacerbating[...]
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